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Property profile & analytics
OFF-MARKET
Commercial real estate

541 4th St Danville, KY 40422-2125

3,000 SF 0.37 ac lot
Individually Owned 3-yr Hold Free & Clear
Property ID
US34-1455870
Property summary
AI-generated overview

This exceptional commercial property, located at 541 S 4th Street in Danville, Kentucky, presents a fantastic opportunity for a discerning buyer. Situated on a 0.62-acre lot on a heavily traveled street, this building boasts excellent visibility and accessibility. The property offers a generous 6,000 square feet of space, conveniently divided between 3,000 square feet on the main level and another 3,000 square feet on the lower level. The lower level features a large overhead door providing direct access to the driveway, ideal for loading and unloading or accommodating various business needs. Recent renovations have transformed the building, resulting in a modern and functional space. Improvements include three updated bathrooms, new flooring throughout, fresh paint, and an open floor plan that maximizes flexibility and usability. The property is currently vacant and awaits a new owner to capitalize on its prime location and versatile layout. This is an exceptional opportunity to establish or expand your business in a thriving area of Danville. The combination of size, location, and recent renovations makes this property a truly compelling investment.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 3,000 SF
Lot 0.37 ac (16,117 SF)
Zoning code COMMERCIAL
APN D14-007-021
UPID US34-1455870
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Happy Blue Bird Market Home Decor Store Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rick Cole · 3 yrs held
Rick Cole
since 2022
Last sale
$300,000
2 recorded transactions
2024
Price N/A
2022
$300,000
Zoning & alternative use
COMMERCIAL · Danville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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