1488 N Lake Dr Prestonsburg, KY 41653
Property profile & analytics
1488 N Lake Dr, Prestonsburg, KY 41653
- Turn key restaurants
- 4,916 SF
- 37.00 lot acres
Property ID
US34-1546454
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 1488 N Lake Dr
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 37.00 lot acres
- Property type
- Turn key restaurants
- APN
- 045-00-00-099.00
- APU
- 45000009900
Description
This exceptional commercial property, situated at 1488 N Lake Drive in Prestonsburg, Kentucky, presents a unique investment opportunity. Boasting a generous 4,500 square feet of space on a one-acre lot, this building offers significant potential for a variety of businesses. Previously known as "Jerry's," the property's history suggests a strong foundation for a new venture. The ample parking provides convenient access for customers and employees, a significant advantage in a high-traffic area. The building's size allows for flexibility in layout and design, accommodating a wide range of commercial uses, from restaurants to retail spaces, or even office suites. Its prime location in Prestonsburg ensures high visibility and accessibility, making it an ideal choice for entrepreneurs seeking a thriving business environment. The asking price of $545,000 represents a compelling value for a property of this size and location, offering a strong return on investment. This is a rare opportunity to acquire a well-situated commercial property with significant potential for growth and success. Don't miss out on this chance to establish your business in a prime Prestonsburg location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Prestonsburg
- County
- Floyd
- State
- Kentucky
- Longitude
- -82.7739
- Latitude
- 37.6873
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,595
$0.00
$0.00
$425,000
-
$0.00
$0.00
$425,000
