501 Joseph Dr Harrodsburg, KY 40330-2194
This exceptional single-tenant retail property, located at 501 Joseph Drive in Harrodsburg, Kentucky, offers 6,894 square feet of versatile commercial space. The building sits on approximately 0.967 acres and boasts excellent visibility and frontage on South College Street, ensuring high traffic exposure. Ample parking is available for customers and employees. The property's strategic location is a key advantage, situated directly in front of a Walmart and adjacent to a Save-A-Lot anchored center, guaranteeing significant foot traffic and brand synergy. The property is zoned for commercial use and features a single-story building. The Mercer County location, with APN 100.12-01007.02, provides easy access to local amenities and a strong customer base. The entire 6,894 square feet is currently vacant, presenting a unique opportunity for a business seeking a prominent location with high visibility and convenient access. This property is ideal for a variety of retail uses and represents a compelling investment opportunity in a thriving Kentucky market. The property's single-tenant configuration offers simplicity and control, while its prime location ensures maximum exposure and potential for success. The building's single-story design provides easy accessibility and efficient use of space.
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
COM · Harrodsburg, KYCosts & 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.