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    Property profile & analytics

    11 Lake Jericho Rd Smithfield, KY 40068

    • Lifestyle centers
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Country Liquors / Liquor Store

    Property Details for 11 Lake Jericho Rd

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Smithfield
    County
    Henry
    State
    Kentucky
    Longitude
    -85.2941
    Latitude
    38.4519

    Comparable in this City

    • Value Estimation by Request
      3,194 SF

      5728 Smithfield Rd

      RESTAURANT • 3,194 SF
      5728 Smithfield Rd, Smithfield, KY 40068-1407
      View Details
    • Value Estimation by Request
      888 SF

      3132 Giltner Rd

      RETAIL STORES (PERSONAL SERVICES) • 888 SF
      3132 Giltner Rd, Smithfield, KY 40068-7898
      View Details
    • Value Estimation by Request
      9,066 SF

      Smithfield Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,066 SF
      Smithfield Rd, Smithfield, KY 40068
      View Details
    • Value Estimation by Request
      1,368 SF

      3350 Lk Jericho Rd

      FINANCIAL BUILDING • 1,368 SF
      3350 Lk Jericho Rd, Smithfield, KY 40068-7919
      View Details
    • Value Estimation by Request
      2,002 SF

      7962 Lagrange Rd

      FINANCIAL BUILDING • 2,002 SF
      7962 Lagrange Rd, Smithfield, KY 40068
      View Details
    • Value Estimation by Request
      2,304 SF

      8244 Lagrange Rd

      SERVICE STATION (FULL SERVICE) • 2,304 SF
      8244 Lagrange Rd, Smithfield, KY 40068-7970
      View Details
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    11 Lake Jericho Rd
    Smithfield, KY 40068
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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
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