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1615 Lincoln Trail Blvd Radcliff, KY 40160

OFF-MARKET Commercial real estate Google Maps
1.23 ac lot Built 1985
Estimated value
No estimation on file for this property yet.
Property ID US34-0371822

Property summary

AI-generated overview

This 1.23-acre commercial property at 1615 W Lincoln Trail Boulevard in Radcliff, Kentucky, presents a unique investment opportunity for owner-users or investors. Currently leased to Elevate Outreach Ministry, offering community services and religious instruction, the building boasts professional classrooms on the fully finished first floor. The substantial upside lies in the unfinished second floor, presenting significant potential for expansion or repurposing. Architectural plans are available for a proposed second-floor layout, suggesting possibilities for a variety of uses. The property's suitability for a transitional living or recovery facility is particularly noteworthy. The second floor currently includes two framed-in, unfinished restrooms. Ample on-site parking is available, including a covered parking area at the rear of the building. The asking price is $379,900. This property offers a blend of immediate income potential and significant long-term growth prospects. The existing tenant provides a stable income stream while the unfinished upper level allows for future development tailored to the buyer's specific needs and vision. The location in Radcliff, Kentucky, offers convenient access to local amenities and transportation routes. This is a rare opportunity to acquire a versatile commercial property with considerable potential for value appreciation. The combination of existing income and development potential makes this an attractive investment for discerning buyers.

Property profile

Verified
Property type Commercial real estate
Year built 1985
Lot 1.23 ac (53,579 SF)
UPID US34-0371822

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church Mosque
  • Church

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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