990 Dixie Blvd Radcliff, KY 40160
- Commercial real estate
- 1.54 lot acres
Current Use by Public Records
- Pizza Hut / Pizza Restaurant / Pizza Takeout
- Dr. Noth & Associates with Hardin Eyewear / Optometrist
- Save-Rite Pharmacy / Pharmacy
- KVC Kentucky / Counselor
- Hardin Eyewear / Optician
Property Details for 990 Dixie Blvd
- Lot size
- 1.54 lot acres
- Property type
- Commercial real estate
- APN
- 160-40-03-069.05
- APU
- 160400306905
Description
This exceptional 11,375 square foot shopping center, located at 990 S Dixie Blvd in Radcliff, Kentucky, presents a compelling investment opportunity. Built in 2008, the Class B property sits on a 1.5-acre lot and boasts a strong 85% occupancy rate. The center is zoned for commercial retail use, offering a diverse tenant mix within a thriving community. The property operates under a NNN lease structure, minimizing landlord responsibilities. With a desirable 6.00% capitalization rate, this multi-tenant shopping center provides a stable and attractive return on investment. The property's prime location in Hardin County, Kentucky, zip code 40160, ensures high visibility and accessibility for both tenants and customers. The building's 11,375 square feet provides ample space for a variety of retail businesses. This is an excellent opportunity for investors seeking a well-established, income-producing retail property in a growing market. The property's strong occupancy and favorable lease terms make it a low-risk, high-reward investment. Detailed financial information is available upon request. Don't miss this chance to acquire a valuable asset in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $920,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $850,000
- 6.5%
- $875,000
- 7%
- $835,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $990,000
- Geo Method
- $875,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,035,000
- Retail
- $985,000
- Mixed-Use
- $875,000
- Hospitality
- $1,060,000
- Educational
- $840,000
- Residential Income
- $875,000
- Energy
- $940,000
- Income-Based Land
- $1,050,000
- Food Service
- $890,000
Location Insight
- Map
- Local Demand
- City
- Radcliff
- County
- Hardin
- State
- Kentucky
- Longitude
- -85.9279
- Latitude
- 37.8297
- CBSA code
- 21060
- CBSA name
- ELIZABETHTOWN-FORT KNOX, KY METROPOLITAN STATISTICAL AREA