Flex Space with Overhead
For Sale
Contact for pricing
721 E Dixie Avenue, Elizabethtown, KY 42701
A shop and warehouse layout pairs with dedicated office space and vehicle access through multiple overhead doors.
Property Size350 SF
Price / SF$7.14
Days on Market164
Property Features for 721 E Dixie Avenue
General Information
Standard status
Active
Size
350 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Building Size
350 SF
Year Built
2008
Listing Agency:
PLATINUM PLUS REALTY
Listed By:
Roger Gonterman · License #217173
(270) 300-6607
Source:
Olive-oak
Added: May 18
Changed: Oct 26
Last Checked: Oct 26 at 3:53PM
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 PLATINUM PLUS REALTY
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.
Built in 2008, this flex property combines shop and warehouse space with a separate office area. Four overhead doors provide direct access for vehicles, equipment, and deliveries.
The property is on E Dixie Avenue in Elizabethtown, just off I-65 Exit 91.
The property is on E Dixie Avenue in Elizabethtown, just off I-65 Exit 91.
Key Highlights
- Four overhead garage doors
- Shop and warehouse area with a dedicated office
- Just off I‑65 Exit 91
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,705
Suggested Prices Based on Cap Rates
Cap Rate 5%
$34,100
$34.1K
Cap Rate 7%
$24,357
$24.4K
Cap Rate 9%
$18,944
$18.9K
Market Conditions
NOI Build-Up for 350 SF
Gross rent
$2.7K $7.80/SF
− Vacancy
−$106 −$0.30/SF
EGI
$2.6K $7.50/SF
− OpEx
−$918 −$2.62/SF
NOI
$1.7K $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%
$34,100
Cap Rate 7%
$24,357
Cap Rate 9%
$18,944
Alternative Uses
Best Use
Warehouse
$34.2K
$30.0K – $39.9K
NOI $2,396 @ 7.0% cap · market cap 95.84%
Second Best
Industrial
$25.3K
$22.1K – $29.5K
NOI $1,768 @ 7.0% cap · market cap 70.72%
Theoretical Best
Office A
$63.4K
$55.4K – $73.9K
NOI $4,435 @ 7.0% cap · market cap 177.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
136
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 - A shop and warehouse layout pairs with dedicated office space and vehicle access through multiple overhead doors.
Where is this flex space located?
The property is located at 721 E Dixie Avenue Elizabethtown, KY.
What are key features of this property?
This property features: Four overhead garage doors; Shop and warehouse area with a dedicated office; Just off I‑65 Exit 91
