Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    29 Olive St La Center, KY 42056-9809

    • Outlet malls
    • 8,000 SF
    • 1.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-1093390
    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.

    Current Use by Public Records

    • Outlet malls

    Property Details for 29 Olive St

    Year built
    2012
    Construction
    STEEL FRAME
    Lot size
    1.07 lot acres
    Property size
    8,000 SF
    Property type
    Outlet malls
    APN
    44A-50-01
    APU
    44A5001

    Description

    This 10,500 square foot vacant storefront, formerly a Family Dollar Tree combination store, is available for redevelopment. Located on 1.07 acres in La Center, Kentucky, the property underwent a 2,500 square foot expansion and remodel in 2023, resulting in a modern building in excellent condition. Despite operating successfully as a combo store from August 2023 until its April 2024 closure as part of recent corporate downsizing, this presents a unique opportunity for investors. Situated in Ballard County, La Center offers a strong local market with a diverse population. The property benefits from its proximity to Paducah, Kentucky, and major transportation routes, providing convenient access to a wider regional market. The 5-mile radius boasts a median household income of $44,555 and an average of $66,109, while the 10-mile radius shows a median household income of $50,672 and an average of $67,968. The asking price is $500,000 ($47.62/SF), representing a compelling investment in a well-located, recently renovated retail space. The property is offered fee simple and is also available for lease. Built in 2012, this property presents a strong foundation for a variety of redevelopment possibilities. The property's size and location make it suitable for a range of retail uses, offering significant potential for future growth and profitability.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Center
    County
    Ballard
    State
    Kentucky
    Longitude
    -88.9747
    Latitude
    37.0727
    CBSA code
    37140
    CBSA name
    PADUCAH, KY-IL MICROPOLITAN STATISTICAL AREA

    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
    $13,284
    $0.00
    $0.00
    $874,500
    -
    $0.00
    $0.00
    $874,500

    Comparable in this City

    • Value Estimation by Request
      8,000 SF

      558 Kentucky Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 8,000 SF
      558 Kentucky Dr, La Center, KY 42056-9431
      View Details
    • Value Estimation by Request
      2,400 SF

      6765 Oscar Rd

      CONVENIENCE STORE • 2,400 SF
      6765 Oscar Rd, La Center, KY 42056-9685
      View Details
    • Value Estimation by Request
      1,560 SF

      339 Kentucky Dr

      FINANCIAL BUILDING • 1,560 SF
      339 Kentucky Dr, La Center, KY 42056-9563
      View Details
    • Value Estimation
      $80,000
      2,000 SF

      175 Broadway

      SERVICE STATION (FULL SERVICE) • 2,000 SF
      175 Broadway, La Center, KY 42056-8606
      View Details
    • Value Estimation
      $610,000
      2,284 SF

      298 Kentucky Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,284 SF
      298 Kentucky Dr, La Center, KY 42056-9510
      View Details
    • Value Estimation by Request
      1,920 SF

      2231 Ceredo Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,920 SF
      2231 Ceredo Rd, La Center, KY 42056-9522
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    29 Olive St
    La Center, KY 42056-9809
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.