New Flex Space with
For Sale
Contact for pricing
705 E Dixie Avenue, Elizabethtown, KY 42701
Each building combines warehouse capacity with dedicated office space, a kitchenette, and a private bathroom.
Property Size2,400 SF
Price / SF$1.25
Days on Market130
Property Features for 705 E Dixie Avenue
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Property Use
Warehouse & Flex Space
Amenities
Kitchenette
Private bathroom
Building Details
Building Size
2,400 SF
Year Built
2026
Buildings
2
Listing Agency:
KELLER WILLIAMS HEARTLAND
Listed By:
Brantingham Properties
(270) 737-2715
Source:
Olive-oak
Added: Jun 25
Changed: Oct 30
Last Checked: Oct 30 at 1:58AM
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 KELLER WILLIAMS HEARTLAND
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Two newly constructed flex buildings provide a combination of warehouse area and office space. Each building measures 2,400 square feet and includes a 12-foot overhead door, a kitchenette, and a private bathroom. The buildings were completed in 2026.
The property is on E. Dixie Avenue in downtown Elizabethtown, Kentucky, with access and visibility from the avenue.
The property is on E. Dixie Avenue in downtown Elizabethtown, Kentucky, with access and visibility from the avenue.
Key Highlights
- Two buildings, each with 2,400 square feet
- New construction completed in 2026
- 12‑foot overhead door in each building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,693
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,860
$233.9K
Cap Rate 7%
$167,043
$167.0K
Cap Rate 9%
$129,922
$129.9K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$18.7K $7.80/SF
− Vacancy
−$730 −$0.30/SF
EGI
$18.0K $7.50/SF
− OpEx
−$6.3K −$2.62/SF
NOI
$11.7K $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%
$233,860
Cap Rate 7%
$167,043
Cap Rate 9%
$129,922
Alternative Uses
Best Use
Warehouse
$234.7K
$205.3K – $273.8K
NOI $16,427 @ 7.0% cap · market cap 547.57%
Second Best
Industrial
$173.2K
$151.5K – $202.0K
NOI $12,121 @ 7.0% cap · market cap 404.03%
Theoretical Best
Office A
$434.5K
$380.2K – $506.9K
NOI $30,413 @ 7.0% cap · market cap 1,013.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Each building combines warehouse capacity with dedicated office space, a kitchenette, and a private bathroom.
Where is this flex space located?
The property is located at 705 E Dixie Avenue Elizabethtown, KY.
What are key features of this property?
This property features: Two buildings, each with 2,400 square feet; New construction completed in 2026; 12‑foot overhead door in each building
