Listing Agency: KURTZ REALTY d***@kurtzauction.com Show Phone

Listed By: DAVID HAWES · License #220015 Show Phone

Source: Exprealty

Added: Dec 21, 2024 Changed: Aug 20 Last Checked: Aug 26 at 1:08PM

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Investment Insights

Based on property information with market context.

This property, previously utilized for industrial purposes such as truck parts salvage, features two insulated metal buildings. One building measures approximately 70 feet by 76 feet, while the other is approximately 60 feet by 68 feet with an additional section of approximately 30 feet by 42 feet. The property is equipped with 3-phase power and a service pit suitable for vehicle repair. Both of the larger enclosed buildings have concrete floors. One building includes a new clean-burn furnace that can operate on multiple types of combustible liquids. Additionally, there is a 20-foot by 95-foot metal shed. Lighting has been upgraded to LED. The property has a considerable amount of gravel, previously used for storing trucks and parts. The property also includes three residential rental units. One is a permanent structure of approximately 24 feet by 36 feet, and the other two are manufactured homes. Each residential unit is currently rented for $500 per month, generating a total monthly income of $1,500. Building measurements are estimates from aerial measurements or PVA information.

Key Highlights

• Three residential rental units generating $1,500 monthly income.
• Two large insulated metal buildings with concrete floors and 3‑phase power.
• Clean burn furnace in one building, capable of using multiple combustible liquids.

Property Analytics

Property Profile

Current Use

Industrial properties

Suggested Use

Top Pick Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

Explore this area Business Placement

Demographics for 42321, KY

578

Population

235

Households

2.5

Avg Household Size

37

Median Age

5%

College-Educated

87%

High-School Grad

3.7 sq mi

ZIP Area

156

Density / Sq Mi

$50,926

Median Household Income

$85,000

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial property - Industrial buildings and residential units generating monthly rental income.

Where is this industrial property located?

The property is located at 242 Beech Creek Rd Beech Creek, KY.

What is the asking price?

The asking price for this property is $299,000.

What are key features of this property?

This property features: Three residential rental units generating $1,500 monthly income.; Two large insulated metal buildings with concrete floors and 3‑phase power.; Clean burn furnace in one building, capable of using multiple combustible liquids.