7260 Ky Prestonsburg, KY 41653
This exceptional 6-acre commercial property in Prestonsburg, Kentucky, presents a significant business opportunity. Located at 7260 Ky Rt. 114, this strategically positioned land boasts a substantial 14,024 square feet of space, ideal for a variety of commercial ventures. The property's convenient location off Route 114, between Prestonsburg and Paintsville, ensures high visibility and easy access for customers and employees. Its proximity to the US 23/114 intersection further enhances its accessibility and marketing potential. The site is easily visible from US 114 when traveling towards Salyersville. The property is classified as Special Purpose land and offers significant potential for development. With its ample square footage and prime location, this property is well-suited for businesses seeking a prominent presence in a thriving Kentucky market. The asking price for this remarkable opportunity is $599,000. This is a rare chance to acquire a substantial commercial property in a desirable location with excellent potential for growth and return on investment. The property features approximately 26 dock doors.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.