1111 Dawkins Rd La Grange, KY 40031
This exceptional investment opportunity presents a 5,637 square foot warehouse situated on over five acres of land in La Grange, Kentucky. Conveniently located just 1.5 miles from downtown La Grange, the property offers significant potential for a variety of uses. The property comprises two buildings: a main structure of 3,430 square feet and a secondary building of 2,207 square feet. Currently undergoing renovations, the property is available for lease under a triple net (NNN) lease agreement. The current owner is actively seeking a tenant and is open to creative proposals that will contribute to the economic vitality of La Grange. Suggested uses include, but are not limited to, an antique mall, event space, paintball facility, RV park, outdoor art studio, sports-related business, automotive repair shop, landscape nursery, and more. The expansive 14-acre lot provides ample space for expansion or outdoor activities related to the chosen business. This property presents a unique chance to establish a thriving business in a desirable location with a supportive landlord. The asking price is $650,000. The property is located at 1111 Dawkins Road, La Grange, KY 40031.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.