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    406 1St St La Grange, KY 40031

    Sponsored
    For Lease
    $11 SF/Yr

    La Grange, KY: Prime Retail Opportunity

    Lot size:
    26,915 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail space, located at 406 S 1st St, La Grange, KY 40031, offers a fantastic opportunity for businesses seeking high visibility and convenient access. Situated in the recently renovated Oldham Plaza, this property boasts a total of 26,915 square feet across a single building, with two available suites ranging from 4,000 to 12,000 contiguous square feet. The zoning is C-3, allowing for a variety of retail uses. One suite is an end-cap space, providing excellent street frontage and exposure. The inline space benefits from a convenient loading dock located at the rear of the building. For the inline space, the entrance will be custom-designed to meet the tenant's specifications. This prime location is strategically positioned just two blocks from Interstate 71, offering easy access for customers and employees. The property is part of a major shopping center with strong co-tenants, ensuring high traffic and visibility. This is an ideal location for businesses seeking a thriving retail environment in a well-established community. The property is ready for immediate occupancy. Contact us today to learn more about this exceptional retail opportunity.

    Property Features for 406 1St St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,915 SF
    Total Rate
    25793.54

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    406
    Size
    12,000 SF
    Rate per SF
    $11
    Space
    408
    Size
    10,000 SF
    Rate per SF
    $12

    HighLights

    • 4,000‑12,000 square feet of commercial space available for lease.
    • Strong tenant mix including AutoZone, Dollar Tree, and Planet Fitness.
    • Extensive surface parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Grange
    County
    Oldham
    State
    Kentucky
    Longitude
    -85.3764721
    Latitude
    38.4050095

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    FAQs

    What type of property is this?
    Individual retail property - La Grange, KY: Prime Retail Opportunity
    Where is this individual retail property located?
    The property is located at 406 1St St La Grange, KY.
    What is the lease rate?
    The lease rate is $11-$12 SF/Yr.
    What are key features of this property?
    This property features: 4,000-12,000 square feet of commercial space available for lease.; Strong tenant mix including AutoZone, Dollar Tree, and Planet Fitness.; Extensive surface parking available.
    Request Owner's contact information
    406 1St St La Grange, KY 40031
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    La Grange, KY 40031
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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
    406 1St St La Grange, KY 40031
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