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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

175 Lee Ave Pikeville, KY 41501

130,680 SF 3 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 130,680 SF
Lot 3 ac (130,680 SF)
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
  • Drake's Pikeville, KY Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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