Current Use by Public Records
- Drake's Pikeville, KY / Restaurant
Property Details for 175 Lee Ave
- Lot size
- 3.00 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional 3-acre pad site presents a remarkable opportunity for QSR/fast food and storefront retail development in Pikeville, Kentucky. Boasting a substantial 130,680 square feet of buildable space, this single-story property is ideally situated on 175 Lee Ave, within Pike County, and zoned C-2 Highway Commercial District, allowing for a wide range of commercial uses. Its prime location offers unparalleled visibility and accessibility, directly adjacent to a thriving shopping center anchored by a Walmart Supercenter and Lowe's, ensuring high foot traffic and customer exposure. The property benefits from excellent visibility to Highway 460 and Thompson Road, further enhancing its appeal to potential businesses. Market analysis indicates high average household incomes within a one-mile radius, suggesting a strong consumer base for retail establishments. This location provides a unique opportunity to capitalize on the existing commercial activity and strong demographics of the area. The property's size and zoning flexibility make it suitable for a variety of development concepts, promising significant return on investment. This is a rare opportunity to secure a prominent retail location in a rapidly growing market. The property's address is 175 Lee Ave, Pikeville, KY 41501.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pikeville
- County
- Pike
- State
- Kentucky
- Longitude
- -82.5342
- Latitude
- 37.5014
