Technical
Financial
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Property profile

1440 Main St Glasgow, KY 42141

OFF-MARKET
Lifestyle centers
8.27 ac lot
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Property summary

AI-generated overview

This exceptional 8.27-acre commercial property in Glasgow, Kentucky, presents a unique investment opportunity. Located at 1440 W Main St, this prime site boasts significant highway frontage and additional frontage on American Avenue, ensuring high visibility and accessibility. Currently zoned I2, the property offers considerable flexibility for a variety of development projects, including but not limited to warehouse space, a gas station, or multifamily housing. The seller has proactively improved the property by adding fill dirt, and a convenient easement from the existing driveway is included. Prospective buyers are encouraged to review Glasgow Zoning Ordinances prior to submitting offers, as the property's zoning may be adaptable to suit specific development plans. Detailed property plats are available upon request. The asking price for this substantial parcel is $1,640,000. This is a rare chance to acquire a large, well-situated tract of land with significant development potential in a growing Kentucky market. Don't miss this opportunity to build your vision.

Property profile

Verified
Property type Lifestyle centers
Lot 8.27 ac (360,241 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1440 Main St Glasgow, KY 42141
Glasgow metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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