15724 Madison Pike Demossville, KY 41033-9507
This exceptional turn-key retail property in DeMossville, Kentucky, presents a unique investment opportunity. The 2,130 square foot building, situated on a 0.51-acre lot with frontage on Madison Pike and Elliot Road, houses a thriving Stahl's Grocery store, complete with a deli, Hunt's Pizza, lottery sales, and two gas pumps. Recently renovated in 2022, the property boasts a new roof, siding with added insulation, and new air conditioning. The high-traffic location sees approximately 2,800 vehicles daily, ensuring consistent customer flow. The property's current occupancy is 100%, with a lease expiring March 31, 2024. The building features two units, including a second-story apartment offering additional income potential. Built in 1977, this well-maintained property is zoned A-1 and presents a rare opportunity for first-time business owners or those seeking a profitable, low-competition venture. All fixtures are in excellent condition, and the property offers room for expansion, potentially including outdoor dining or event space. The asking price is $325,000, with a price per square foot of $152.58. This is a truly exceptional opportunity to acquire a profitable and established business in a desirable location.
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
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.