Property profile

732 Us-42 Carrollton, KY 41008

OFF-MARKET
Mixed-use properties
5,000 SF 0.49 ac lot
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 732 US-42 in Carrollton, Kentucky, presents a unique investment opportunity. The 5,000 square foot building, situated on a 0.49-acre lot, is a former fire station that has been successfully repurposed as a multi-bay repair shop. The property boasts four garage bays, all interconnected by interior doors, providing ample space for various uses. A substantial office and retail area, complete with a bathroom, complements the garage space. The building includes multiple garage heaters, built-in shelving, workbenches, and valuable attic storage. Ten parking spaces are available directly in front of the building, offering convenient access for customers and employees. The property is zoned for commercial use and is conveniently located on US-42 just outside of Carrollton, ensuring high visibility and accessibility. The asking price is $180,000, translating to a price per square foot of $36. This single-story, Class B building presents a rare chance to acquire a versatile commercial property in a desirable location at a competitive price. The property is owned by an LLC and the APN is 14-11. This is an excellent opportunity for investors seeking a strong return on investment in a well-maintained and strategically located property.

Property profile

Verified
Property type Mixed-use properties
Total area 5,000 SF
Lot 0.49 ac (21,344 SF)

Cap rate & NOI

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

Location

732 Us-42 Carrollton, KY 41008
Carrollton metro
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Value estimations

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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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