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Auto Shop with Service Bays
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314 Kitty Hawk Drive, Elizabethtown, KY 42701

Five acres of outdoor yard accompany a commercial facility in Elizabethtown’s industrial corridor.

Property Size1,200 SF
Lot Size5.00 Acres
Price / SF$6.25
Days on Market32

Property Features for 314 Kitty Hawk Drive

General Information

Standard status Active
Size 1,200 SF
Lot size 5.00 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes
Outdoor Storage Yes

Automotive

Service Bays 4
Automotive Uses auto repair, towing, vehicle storage

Amenities

3 private offices
Reception/front office area
Full kitchen/employee break room
1 full bathroom + 1 half bathroom
Concrete shop floor
Multiple access points
Heavy-duty vehicle lift
3 oversized/tall overhead doors

Building Details

Building Size 1,200 SF
Year Built 2001
Buildings 1
Listing Agency: River Brook Realty LLC
Listed By: Justin Ward · License #211547
Source: Olive-oak
Added: Oct 1 Changed: Oct 30 Last Checked: Oct 30 at 2:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of River Brook Realty LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This automotive service property includes four garage bays and three oversized overhead doors, along with a vehicle lift rated for semi trucks. The shop has a concrete floor and high ceilings. Office support consists of three private offices and a reception area; a kitchen, one full bathroom, and one half bathroom are also on site. Built in 2001, the facility sits on approximately 5 acres, providing substantial outdoor area for vehicle and equipment use.

The property is on Kitty Hawk Drive in Elizabethtown, near Addington Field and I-65, as well as the Bluegrass and Western Kentucky parkways. Nearby operations include trucking, warehousing, manufacturing, and other commercial businesses.

Key Highlights

  • Approximately 5‑acre site in Elizabethtown’s industrial corridor
  • Four garage/service bays and three oversized overhead doors
  • Vehicle lift can accommodate semi trucks

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$5,847
Suggested Prices Based on Cap Rates
Cap Rate 5%
$116,940 $116.9K
Cap Rate 7%
$83,529 $83.5K
Cap Rate 9%
$64,967 $65.0K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$9.4K $7.80/SF
− Vacancy
−$365 −$0.30/SF
EGI
$9.0K $7.50/SF
− OpEx
−$3.1K −$2.62/SF
NOI
$5.8K $4.87/SF
Area
Hardin County, KY
Vacancy
3.90%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$116,940
Cap Rate 7%
$83,529
Cap Rate 9%
$64,967

Alternative Uses

Best Use
Retail
$189.4K
$165.7K – $221.0K (±1% cap)
NOI $13,257 @ 7.0% cap · market cap 176.76%
Second Best
Industrial
$86.6K
$75.8K – $101.0K (±1% cap)
NOI $6,061 @ 7.0% cap · market cap 80.81%
Theoretical Best
Office A
$217.2K
$190.1K – $253.4K (±1% cap)
NOI $15,206 @ 7.0% cap · market cap 202.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Plumbing Service Pharmacy Kitchen & Bath Showroom Electrical Service

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

Lease Details

4
Service bays
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby
Well-served
Demand for This Use

Demographics for 42701, KY

52,731
Population
23,565
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
94%
High-School Grad
161.8 sq mi
ZIP Area
326
Density / Sq Mi
$68,715
Median Household Income
$44,251
Median Earnings
$902
Median Rent
$235,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Maximum Fleet & Equipment Repair Service — 314 Hayden School Rd, Elizabethtown, KY 42701

Frequently Asked Questions

What type of property is this?
Auto shop - Five acres of outdoor yard accompany a commercial facility in Elizabethtown’s industrial corridor.
Where is this auto shop located?
The property is located at 314 Kitty Hawk Drive Elizabethtown, KY.
What are key features of this property?
This property features: Approximately 5‑acre site in Elizabethtown’s industrial corridor; Four garage/service bays and three oversized overhead doors; Vehicle lift can accommodate semi trucks
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