30 Blackwater Rd London, KY 40744
Property profile & analytics
30 Blackwater Rd London, KY 40744
- Commercial real estate
- 1.40 lot acres
Property ID
US34-2346894
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
- Dollar General / Discount Store
- Western Union / Bank / Credit Union
Property Details for 30 Blackwater Rd
- Lot size
- 1.40 lot acres
- Property type
- Commercial real estate
- APN
- 082-00-00-096.01
- APU
- 82000009601
Description
This exceptional investment opportunity presents a 9,026 square foot Dollar General store located at 30 Blackwater Rd, London, KY 40744. Built in 2020, the property boasts a strong 7.15% cap rate and a substantial net operating income (NOI) of $79,865. The absolute NNN lease, featuring a corporate guarantee from Dollar General, significantly minimizes landlord responsibilities. With a remaining lease term of 10.7 years, extending to July 20, 2035, and five 5-year renewal options, this investment offers exceptional long-term stability. The property benefits from a prime location, situated on the corner of East Laurel Road and Blackwater Road, experiencing over 1,900 vehicles per day. The surrounding area demonstrates strong demographics, with an estimated population of 5,600 within a 5-mile radius and an average household income of $63,612. Dollar General is the sole corporate tenant in the immediate area, eliminating direct competition. The asking price is $1,116,993, translating to a price per square foot of $123.75. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a recession-resistant tenant and a proven track record of success. The property is classified as a convenience store, grocery store, and shopping center.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,295,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- London
- County
- Laurel
- State
- Kentucky
- Longitude
- -83.9225
- Latitude
- 37.0834
- CBSA code
- 30940
- CBSA name
- LONDON, KY 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
$10,357
$0.00
$0.00
$1,228,600
-
$0.00
$0.00
$1,228,600
