Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Peterson Dr And Ring Rd Elizabethtown Ky Elizabethtown, KY 42701

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $28 SF/Yr

    Prime Retail Space, 6 Suites Available

    Lot size:
    30,000 SF

    Property Features for 0 Peterson Dr And Ring Rd Elizabethtown Ky

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF
    Class
    A
    Total Rate
    70000

    Spaces For Lease

    at 0 Peterson Dr And Ring Rd Elizabethtown Ky, Elizabethtown, KY 42701 Contact us
    Unit Suite 101

    $28 /Mo

    Size
    3,750 SF
    Contact us
    Unit Suite 102

    $28 /Mo

    Size
    3,750 SF
    Contact us
    Unit Suite 103

    $28 /Mo

    Size
    3,750 SF
    Contact us
    Unit Suite 104

    $28 /Mo

    Size
    3,750 SF
    Contact us
    Unit Suite 108

    $28 /Mo

    Size
    2,250 SF
    Contact us
    Unit Suite 105

    $28 /Mo

    Size
    3,750 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Jeffrey Farmer
    Jeffrey Farmer

    Listing Agency: EXP Realty LLC Listing Agent: Jeffrey Farmer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    The Apex Center, a Class A retail property located at the intersection of Peterson Drive and Ring Road in Elizabethtown, Kentucky (zip code 42701), offers 30,000 square feet of vacant space across six suites. This exceptional opportunity presents a unique chance to establish a presence in a brand-new commercial development. The property sits on a generous 3.79-acre lot (APN: 186-00-00-044.01) and is zoned C-3 Commercial, allowing for a wide range of uses. Individual suites are divisible, with a minimum leasable area of 1,500 square feet and a maximum contiguous space of 15,000 square feet, providing flexibility for businesses of various sizes. Permitted uses include, but are not limited to, retail stores, restaurants, entertainment venues, offices, service establishments, medical clinics, and banks. This build-to-suit option allows for customization to perfectly match your business needs. The property's strategic location in Hardin County, Kentucky, ensures high visibility and accessibility. This is an exceptional opportunity to secure prime retail space in a thriving community. Contact us today to discuss your business needs and explore the possibilities at The Apex Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elizabethtown
    County
    Hardin
    State
    Kentucky
    Longitude
    -85.9157135
    Latitude
    37.6842434

    Nearby Similar for Lease

    • $3,175 /Mo

      Existing Coffee Shop Lease Opportunity

      Lease space with existing build-out; save time and money.
      1509 N Dixie Ave, Elizabethtown, KY 42701
      View Details
    • Contact for pricing

      High-Traffic Commercial Space Near I-65

      2,500 sq ft commercial space in thriving business hub.
      950 N Mulberry St, Elizabethtown, KY 42701
      View Details
    • Contact for pricing

      Retail and Storage Space Available

      Retail space with climate-controlled storage units for rent in Elizabethtown.
      912 N Dixie Ave, Elizabethtown, KY 42701
      View Details
    • $18 SF/Yr
      173,044 SF

      Elizabethtown Retail Space Available

      High-traffic retail space in thriving Kentucky community.
      0 Us-31W, Elizabethtown, KY 42701
      View Details
    • Contact for pricing
      19,080 SF

      Retail Space Near Major Retailers

      Retail space in Elizabethtown near major shopping destinations.
      1900-1998 N Dixie Hwy, Elizabethtown, KY 42701
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Elizabethtown, KY

      Retail space available in Elizabethtown, Kentucky, anchored by national tenants.
      1507 Ring Rd, Elizabethtown, KY 42701
      View Details
    • Contact for pricing

      Versatile Commercial Property with Office

      8,000 sq ft Elizabethtown property ideal for various businesses.
      7170 S Wilson Rd, Elizabethtown, KY 42701
      View Details
    • $20 SF/Yr
      3,860 SF

      Downtown Goldenrod Tavern Lease

      Turnkey Restaurant/Bar, High Traffic Area
      226 Dixie Ave, Elizabethtown, KY 42701
      View Details
    • $17 SF/Yr
      3,378 SF

      Downtown Elizabethtown Office Space

      Prime location, flexible office suites.
      108 Dixie Ave, Elizabethtown, KY 42701
      View Details
    • Contact for pricing

      Move-In Ready Commercial Space

      High-visibility commercial space for lease, customizable and move-in ready.
      950 N Mulberry St, Elizabethtown, KY 42701
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, 6 Suites Available
    Where is this retail property located?
    The property is located at Peterson Dr And Ring Rd Elizabethtown Ky Elizabethtown, KY.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    (270) 268-5315
    Request Owner's contact information
    Peterson Dr And Ring Rd Elizabethtown Ky Elizabethtown, KY 42701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Peterson Dr And Ring Rd Elizabethtown Ky
    Elizabethtown, KY 42701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Peterson Dr And Ring Rd Elizabethtown Ky Elizabethtown, KY 42701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jeffrey Farmer
    Jeffrey Farmer
    Real Estate License ID: 181853
    (270) 268-5315 (888) 624-6448
    Learn more
    Google sign-in failed. Please try again or use another login method.