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    Property profile & analytics
    OFF-MARKET
    Distribution centers

    380 Big Hill Ave, Richmond, KY 40475

    20,000 SF
    Property ID
    US34-0953861
    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 Distribution centers
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Richmond Register Publishing House Newspaper & Magazine
    • Madison County Advertiser Publishing House Newspaper & Magazine
    Value estimations
    Realmo proprietary · 4 methods
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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