121 Gl Smith St Morgantown, KY 42261-8601
This exceptional commercial property, located at 121 W G L Smith Street in Morgantown, Kentucky, presents a unique investment opportunity. The 0.14-acre lot offers significant potential for a variety of commercial ventures, capitalizing on the dynamic growth of the Morgantown area. The property's address places it in a convenient and accessible location, ensuring high visibility and easy access for customers and employees. The absence of existing structures allows for complete design flexibility, enabling the development of a building tailored to specific business needs. This blank canvas presents an unparalleled chance to create a bespoke commercial space, maximizing return on investment. The property's size is ideal for a range of uses, from small retail outlets to professional offices or light industrial businesses. Given the strategic location and the flexibility offered by the undeveloped lot, this property represents a compelling investment opportunity for discerning buyers seeking to establish a presence in a thriving Kentucky market. The asking price of $549,000 reflects the property's significant potential and prime location. Serious inquiries are encouraged to explore this exceptional opportunity further. Detailed site plans and zoning information are available upon request.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.