0 Dixie Hwy Elizabethtown, KY 42740
This exceptional 15.65-acre commercial land parcel in Sonora, KY, presents a prime development opportunity. Located at 11705 S. Dixie Hwy, this property boasts C2 zoning, permitting a wide array of commercial uses. Its strategic location offers convenient access to major transportation routes, including I-65 (with approximately 44,651 daily vehicles in 2021) and KY 31W (approximately 2,595 daily vehicles in 2021). The site is only 4.5 miles from the new Ford-SK Blue Oval Battery Plant, ensuring a strong potential customer base. Existing infrastructure includes on-site electric service and a septic system, significantly streamlining the development process. A commercial entrance has been approved by the Kentucky Department of Transportation. The property is completely vacant and "shovel-ready," ideal for various commercial ventures, such as retail, restaurants, storage facilities, or a shopping center. The asking price is $1,600,000. All information should be verified independently.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.