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    Ridge Dr Edmonton, KY 42129

    Sponsored
    For Sale
    $179,950

    Prime Retail Location, 2700 sq ft

    Property size:
    2,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional opportunity to own this 2,700 square foot storefront retail building situated on a 0.28-acre lot in Edmonton, Kentucky. Conveniently located at the corner of Castle Ridge Drive and Majestic Drive, just off West Stockton Street, this single-story building offers high visibility and accessibility. The property features a spacious main retail area measuring 44 feet by 19 feet, perfect for showcasing merchandise or providing ample customer space. A well-equipped 13x14 foot kitchen with appliances is included, along with a substantial warehouse/storage area (44 feet long by nearly 20 feet wide) accessible via a side garage door. This area also houses the HVAC unit, breaker box, and hookups for a washer and dryer. Additional features include a separate office space, a hallway, and two restrooms – one standard and one with a shower. The property boasts a concrete parking area in front for customer convenience. The building was renovated in 2005. The property is offered as a sole proprietorship and is being sold by the owner. Seller financing is available with terms including a 20% down payment, 7% interest, a 20-year term, a 3-year balloon payment, and a monthly payment of $1,125. The property's APN is 37-00-00-038.19. The asking price is $179,950, representing a price per square foot of $66.65.

    Property Features for 0 Ridge Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,700 SF

    Building Details

    Year Renovated
    2005
    Buildings
    1
    Stories
    1

    HighLights

    • $179,950 asking price for this 2,700 square foot retail storefront.
    • Owner‑user investment opportunity in a single‑story building.
    • Located at Ridge Dr, Edmonton, KY 42129, on a 0.28‑acre lot.
    • Features include a large front room, kitchen with appliances, warehouse space with a side garage door, and two restrooms.
    • Renovated in 2005.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Edmonton
    County
    Metcalfe
    State
    Kentucky
    Longitude
    -85.6407144
    Latitude
    36.9879562

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Location, 2700 sq ft
    Where is this individual retail property located?
    The property is located at Ridge Dr Edmonton, KY.
    What is the asking price?
    The asking price for this property is $179,950.
    What are key features of this property?
    This property features: $179,950 asking price for this 2,700 square foot retail storefront.; Owner-user investment opportunity in a single-story building.; Located at Ridge Dr, Edmonton, KY 42129, on a 0.28-acre lot.
    Request Owner's contact information
    Ridge Dr Edmonton, KY 42129
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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
    Ridge Dr Edmonton, KY 42129
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