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    1111 Dawkins Rd La Grange, KY 40031

    Sponsored
    For Sale
    $650,000

    Industrial Warehouse, 5,637 SF, NNN Lease

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 5,637 square foot warehouse situated on over five acres of land in La Grange, Kentucky. Conveniently located just 1.5 miles from downtown La Grange, the property offers significant potential for a variety of uses. The property comprises two buildings: a main structure of 3,430 square feet and a secondary building of 2,207 square feet. Currently undergoing renovations, the property is available for lease under a triple net (NNN) lease agreement. The current owner is actively seeking a tenant and is open to creative proposals that will contribute to the economic vitality of La Grange. Suggested uses include, but are not limited to, an antique mall, event space, paintball facility, RV park, outdoor art studio, sports-related business, automotive repair shop, landscape nursery, and more. The expansive 14-acre lot provides ample space for expansion or outdoor activities related to the chosen business. This property presents a unique chance to establish a thriving business in a desirable location with a supportive landlord. The asking price is $650,000. The property is located at 1111 Dawkins Road, La Grange, KY 40031.

    Property Features for 1111 Dawkins Rd

    General Information

    Property type
    Distribution properties

    HighLights

    • $650,000 asking price.
    • Industrial warehouse property in La Grange, KY.
    • Multi‑tenant NNN lease.
    • 5,637 square feet of leasable space in two buildings (3,430 SF main building and 2,207 SF secondary building).
    • Situated on 14 acres of land, 1.5 miles from downtown La Grange.
    • Currently undergoing renovations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    La Grange
    County
    Oldham
    State
    Kentucky
    Longitude
    -85.4016403
    Latitude
    38.4080491

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    FAQs

    What type of property is this?
    Distribution property - Industrial Warehouse, 5,637 SF, NNN Lease
    Where is this distribution property located?
    The property is located at 1111 Dawkins Rd La Grange, KY.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: $650,000 asking price.; Industrial warehouse property in La Grange, KY.; Multi-tenant NNN lease.
    Request Owner's contact information
    1111 Dawkins Rd 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
    1111 Dawkins Rd La Grange, KY 40031
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