430 Us Hwy 62nd E Eddyville, KY 42038-7993
This exceptional commercial property, located at 430 US Hwy 62 E in Eddyville, KY, presents a lucrative investment opportunity. The 6,170 square foot complex sits on approximately 3.34 acres and boasts an impressive 280 feet of road frontage along Highway 62, benefiting from over 7,000 average annual daily traffic. The property comprises two separate buildings, both currently leased and generating income. The first building, a 1,800 square foot tire shop, includes multiple 14-foot overhead garage doors, dedicated office space, and substantial upper-level storage. The second building, a spacious 5,364 square foot workshop, is ideally suited for a variety of commercial uses. Currently configured as a maintenance shop, it retains existing lifts and features multiple offices, restrooms, and ample overhead storage. Adding to the property's profitability is a separate, existing easement agreement with a telephone company, generating a consistent monthly income of $1,000. This turnkey operation offers immediate return on investment with established tenants and a prime location for attracting new businesses. The property's high visibility and convenient access make it an exceptional opportunity for investors seeking a strong, income-generating asset in a thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.