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Property profile & analytics
OFF-MARKET
Commercial land

29 Menzie Bottoms Rd Butler, KY 41006-8741

3.21 ac lot
Entity Owned Free & Clear
Property ID
US34-0932707
Property summary
AI-generated overview

This exceptional industrial property, situated on a sizable 3.21-acre lot at 29 Menzie Bottoms Road Unit 29, Butler, KY, presents a compelling investment opportunity. Conveniently located on US-27, across from the new Sharp Elementary School and minutes from Gene Snyder Airport, this property offers unparalleled accessibility. The building itself boasts a nearly even split between warehouse and office space, providing versatility for a range of uses. The warehouse area features impressive 21-foot clear height ceilings, substantial power capacity, and three dock doors – one drive-in, one designed for FedEx truck height, and one accommodating semi-trucks. This configuration allows for efficient loading and unloading, and the potential for multi-tenant occupancy. Both heating and air conditioning are available within the warehouse. Further enhancing its potential, the property offers opportunities for value enhancement through the development of billboard advertising (a proposal is currently under consideration) and the addition of outdoor storage. Due diligence materials are readily available upon request. This property represents a rare chance to acquire a well-located, adaptable industrial building with significant upside potential. The recently reduced price makes this an even more attractive investment.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 3.21 ac (139,828 SF)
APN 039-00-00-031.06
UPID US34-0932707
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
BELL COMMERCIAL DEVELOP LLC
BELL COMMERCIAL DEVELOP LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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