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    Blairs Way Louisa, KY 41230

    For Lease
    Contact for pricing

    1.24 Acres, Walmart Outparcel

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.24-acre commercial land parcel presents a prime development opportunity in Louisa, Kentucky. Located on Blairs Way, this single-tenant site boasts a highly desirable location, situated as a Walmart outparcel. The property is zoned commercial and is ready for immediate development, having already undergone all necessary studies and surveys. This "plug and play" site offers an unparalleled chance to capitalize on the strong retail performance consistently seen in Eastern Kentucky when anchored by a major retailer like Walmart. The site benefits from high barriers to entry due to topography, a large geographic reach, and a lack of comparable alternatives, all contributing to a high potential for success. Join established businesses such as Dairy Queen and Arby's in this thriving retail corridor. This is a unique opportunity to establish a presence in a market with significant growth potential. The property is located in Lawrence County, Kentucky, zip code 41230. The site's convenient location and existing infrastructure make it an ideal choice for expanding retailers seeking a strategic foothold in this dynamic market.

    Property Features for 0 Blairs Way

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 1.24‑acre Walmart outparcel with most due diligence materials provided by seller.
    • Excellent location adjacent to national retailers Dairy Queen and Arby's.
    • Strong retail opportunity in Eastern Kentucky, a market with limited existing options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Louisa
    County
    Lawrence
    State
    Kentucky
    Longitude
    -82.625087
    Latitude
    38.1014342

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    FAQs

    What type of property is this?
    Land - 1.24 Acres, Walmart Outparcel
    Where is this land located?
    The property is located at Blairs Way Louisa, KY.
    What are key features of this property?
    This property features: 1.24-acre Walmart outparcel with most due diligence materials provided by seller.; Excellent location adjacent to national retailers Dairy Queen and Arby's.; Strong retail opportunity in Eastern Kentucky, a market with limited existing options.
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    Blairs Way Louisa, KY 41230
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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
    Blairs Way Louisa, KY 41230
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