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    4897 Dixie Hwy Elizabethtown, KY 42701

    Sponsored
    For Lease
    Contact for pricing

    Prime Hardin County development land, Dixie Hwy frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land opportunity presents +/- 0.86 to 2.07 acres of developable land in Hardin County, Kentucky. Strategically located at the corner of North Dixie Highway and Drexler Circle, this property boasts excellent visibility and accessibility. The site is ideally situated adjacent to established businesses such as Baskin Robbins and Papa Johns, ensuring high traffic flow and a strong retail presence. Direct frontage on North Dixie Highway provides unparalleled exposure to a large volume of daily commuters. The area is anchored by a robust retail environment, including major national brands like Walmart, Lowe's, Kroger, Target, Home Depot, Burke's Outlet, Academy Sports, Hobby Lobby, Sam's Club, and Menard's. Elizabethtown's advantageous location at the intersection of I-65, the Bluegrass Parkway, and the Western KY Parkway provides easy access to regional and national transportation networks. Furthermore, the proximity to Fort Knox Military Reservation, a significant population center of over 40,000 soldiers, family members, and civilian employees, presents a substantial and stable consumer base. The property is zoned Commercial, allowing for a wide range of development possibilities. Lots are available for lease individually or as a combined parcel. This presents a unique opportunity for developers seeking a high-traffic, well-located site in a thriving Kentucky market.

    Property Features for 4897 Dixie Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Lot 6
    Size
    0 SF
    Space
    Lot 4897
    Size
    0 SF

    HighLights

    • 0.86 to 2.07 acres of commercial development land available for lease.
    • Located at North Dixie Highway and Drexler Circle, Elizabethtown, KY.
    • Excellent visibility and access on North Dixie Highway.
    • Adjacent to national retailers (Baskin Robbins, Papa Johns).
    • Strong surrounding retail presence including Walmart, Lowe's, Kroger, and more.
    • Strategic location near I‑65, Bluegrass Parkway, and Western KY Parkway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elizabethtown
    County
    Hardin
    State
    Kentucky
    Longitude
    -85.898263
    Latitude
    37.756793

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    FAQs

    What type of property is this?
    Land - Prime Hardin County development land, Dixie Hwy frontage.
    Where is this land located?
    The property is located at 4897 Dixie Hwy Elizabethtown, KY.
    What are key features of this property?
    This property features: 0.86 to 2.07 acres of commercial development land available for lease.; Located at North Dixie Highway and Drexler Circle, Elizabethtown, KY.; Excellent visibility and access on North Dixie Highway.
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    4897 Dixie Hwy Elizabethtown, KY 42701
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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
    4897 Dixie Hwy Elizabethtown, KY 42701
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