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107 E Mound St Harlan, KY 40831

Commercial real estate Google Maps
5,540 SF 0.07 ac lot Built 1920
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$240k
Range $216k – $264k (±10%)
Property ID US34-1417801

Property summary

AI-generated overview

This exceptional commercial property, located at 107 East Mound Street in downtown Harlan, Kentucky, presents a unique investment opportunity. The 5,540 square foot building sits on a 0.07-acre lot and offers a versatile layout ideal for a variety of uses. Its prime location directly across from Monticello Bank and just one block from the Harlan County Courthouse and other amenities ensures high visibility and accessibility. The building currently features two second-floor apartments, each boasting two bedrooms, one full bathroom, a living room, and a combined kitchen and dining area. The main floor provides ample space for numerous offices, suitable for a single business requiring multiple offices or several independent businesses. The property's recent use as attorney's offices speaks to its suitability for professional services. While the building requires some repairs and updates, it is being sold "AS IS," allowing for customization to meet the buyer's specific needs and vision. The asking price is $125,000, making this a compelling opportunity to acquire a substantial commercial property in a thriving Kentucky community. The zip code is 40831.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,540 SF
Lot 0.07 ac (3,049 SF)
APN 082-10-10-011.00
UPID US34-1417801

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

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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More about this property
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