Property profile

380 Big Hill Ave Richmond, KY 40475

OFF-MARKET
Warehouses
Property ID
US34-0953861
20,000 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 9,000 square foot warehouse space in Richmond becomes available July 1, 2024. Located on a 2-acre lot, this single-story, Class C industrial building offers 16-foot ceiling heights, perfect for various distribution needs. The property features one large grade-level loading dock door, enhancing operational efficiency. Included within the 20,000 total square foot building is existing office space, along with a restroom. The warehouse is equipped with a sprinkler system and heating, ensuring a safe and comfortable working environment. The B-3 zoning designation is important to note; it specifically prohibits mechanics and manufacturing activities. This property is ideal for businesses seeking a well-maintained, functional space in a convenient location. The previous tenant used the space for distribution, highlighting its suitability for similar operations. With ample space and key features, this warehouse presents a strong opportunity for a variety of businesses. The property is ready for immediate occupancy.

Property profile

Verified
Property type Warehouses
Total area 20,000 SF
UPID US34-0953861

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
  • Publishing House Newspaper & Magazine
  • Publishing House Newspaper & Magazine

Location

380 Big Hill Ave Richmond, KY 40475
Richmond metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 380 Big Hill Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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