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Property profile & analytics
OFF-MARKET
Lifestyle centers

11 Lake Jericho Rd Smithfield, KY 40068

Property ID
Property summary
AI-generated overview

This exceptional 7-acre commercial property, located at 11 Lake Jericho Rd, Smithfield, KY 40068, presents a significant investment opportunity. Situated on the corner of LaGrange Road and Lake Jericho Road, this prime location boasts close proximity to Highway 71, placing it within easy reach of a substantial customer base. Currently occupied by a leased liquor store and a commercial trucking office, the property is zoned B2, offering versatility for a range of commercial ventures. Its strategic location makes it ideal for a franchise restaurant, hotel, or strip mall development. The area is experiencing significant growth, with new developments already underway, indicating a strong potential for future appreciation. This property represents a compelling investment opportunity, whether for immediate development or future resale. The existing tenants provide a stable income stream while the property's potential for expansion and redevelopment offers substantial long-term growth prospects. The one-story building sits on a large parcel of land, providing ample space for expansion or the construction of new buildings. This is a rare opportunity to acquire a substantial commercial property in a rapidly developing area.

Property profile
Verified
Property type Lifestyle centers
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Country Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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