Property profile

38 Hwy Evarts, KY 40828

OFF-MARKET
Commercial real estate
0.62 ac lot
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Property summary

AI-generated overview

This exceptional 0.62-acre commercial lot is strategically located on Highway 38 in the thriving town of Evarts, Kentucky. Its prime position ensures excellent visibility and accessibility, making it an ideal site for a diverse range of commercial enterprises. The property benefits from high traffic flow, guaranteeing significant exposure to potential customers. Easy access from the highway is a key advantage, simplifying operations and enhancing convenience for both businesses and their clientele. Situated in the heart of Evarts, this lot offers a unique opportunity to establish a presence in a growing area with considerable potential for future development and expansion. The 0.62-acre size provides ample space for various commercial projects, allowing for flexibility in design and functionality. This property represents a rare chance to acquire a highly visible and accessible commercial lot in a desirable location, promising significant returns on investment. The asking price of $40,000 makes this an attractive proposition for entrepreneurs and investors seeking a foothold in the dynamic Evarts market. Don't miss this chance to secure a prime commercial location with exceptional visibility and accessibility.

Property profile

Verified
Property type Commercial real estate
Lot 0.62 ac (27,007 SF)

Cap rate & NOI

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

Location

38 Hwy Evarts, KY 40828
Evarts metro
Google Maps

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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