3449 13Th St Ashland, KY 41102
- Commercial real estate
- 1.26 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3449 13Th St
- Lot size
- 1.26 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.26-acre commercial property boasts approximately 295 feet of road frontage on 13th Street (US 60), a major thoroughfare in and out of Ashland, KY. Daily traffic counts, according to 2015 Kentucky Transportation data, range from 16,800 to 20,637 vehicles, ensuring significant visibility for any business. The lot offers the potential for dual access, with frontage on 13th Street and a side entrance from Stella Drive. Essential utilities—electricity, water, sewer, and gas—are already available on-site. Previous structures have been removed, leaving a clean slate for development. A small, existing home on the far left of the property (at the intersection of 13th Street and Stella Drive) currently generates $750 per month in rental income from a month-to-month tenant, who can be given notice to vacate. Ashland is experiencing a period of revitalization, with numerous new restaurants and businesses establishing themselves, including a significant $55 million quarter horse racetrack project known as Revolutionary Racing. This property's location and accessibility make it an ideal investment opportunity for developers and entrepreneurs seeking a high-traffic location in a growing community. The property presents a unique chance to capitalize on Ashland's economic resurgence.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ashland
- County
- Boyd
- State
- Kentucky
- Longitude
- -82.669
- Latitude
- 38.45648