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    5980 Ky-389 Turners Station, KY 40075

    Sponsored
    For Sale
    $1,800,000

    Vacant lot, ground lease available. Excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents a vacant 10,000 square foot pad site (approximately 100' x 100') ideally situated for ground lease in Sequoyah County. The property boasts a highly visible location directly behind a Dollar General store on East Ray Fine Boulevard, ensuring significant foot traffic and brand recognition. The single-tenant nature of this offering provides a streamlined and straightforward investment opportunity. The lot's size allows for the construction of a substantial retail building, making it suitable for a variety of commercial uses. Given its prime location and the established presence of a major retailer nearby, this pad site presents a compelling investment prospect with strong potential for future growth and return. The property is classified as retail commercial and is currently entirely vacant, offering immediate development potential. This is a rare chance to secure a highly desirable location in a growing area. Serious inquiries are encouraged to explore this exceptional opportunity further. All interested parties should conduct their own due diligence.

    Property Features for 5980 Ky-389

    General Information

    Property type
    Farms
    Lot Size
    11,836,123 SF

    HighLights

    • Retail property, single‑tenant occupancy, 1 sq. ft. lot available for ground lease.
    • Located directly behind Dollar General on E. Ray Fine Blvd.
    • Pad site is approximately 100' x 100'.
    • Located in Sequoyah County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Turners Station
    County
    Carroll
    State
    Kentucky
    Longitude
    -85.0978724
    Latitude
    38.6116674

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    FAQs

    What type of property is this?
    Farm - Vacant lot, ground lease available. Excellent location.
    Where is this farm located?
    The property is located at 5980 Ky-389 Turners Station, KY.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Retail property, single-tenant occupancy, 1 sq. ft. lot available for ground lease.; Located directly behind Dollar General on E. Ray Fine Blvd.; Pad site is approximately 100' x 100'.
    Request Owner's contact information
    5980 Ky-389 Turners Station, KY 40075
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    Turners Station, KY 40075
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5980 Ky-389 Turners Station, KY 40075
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