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Property profile & analytics
FOR LEASE
Outlet malls

12300 Towne Center Dr Walton, KY 41094

67,973 SF 7.1 ac lot Built 2007
Entity Owned 18-yr Hold Free & Clear
Property ID
US34-0434840
Property summary
AI-generated overview

This exceptional 0.7-acre commercial pad site presents a unique investment opportunity in Walton, Kentucky. Located at 12300 Towne Center Dr, this single-tenant property is ideally suited for retail development. The property boasts a prime location within a thriving commercial area, ensuring high visibility and accessibility for potential tenants. The site's size offers ample space for construction, allowing for flexibility in design and functionality. Situated in Boone County, KY, zip code 41094, this property benefits from a strong local economy and a growing population. The address is easily accessible from major roadways, providing convenient access for customers and employees. This is a rare opportunity to acquire a highly desirable retail pad site in a rapidly developing area. The property is currently available for lease, offering significant potential for long-term income generation. Detailed site plans and specifications are available upon request. This property is classified as retail, with a single-tenant occupancy. The total building square footage is currently listed as 1 square foot, indicating the land is available for new construction. This presents a blank canvas for a developer to create a tailored retail space to meet specific needs. Don't miss this chance to secure a prime location in a burgeoning market.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2007
Construction TYPE NOT SPECIFIED
Total area 67,973 SF
Lot 7.1 ac (309,102 SF)
APN 078.00-16-017.00
UPID US34-0434840
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.11M
Blend (final) Blend
$7.84M
Owner & transaction history
Kohls Department Stores INC · 18 yrs held
Kohls Department Stores INC
since 2007
1 recorded transaction
2007
$2.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $11.7M +35.3%
Office building $9.0M +3.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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