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Property profile & analytics
OFF-MARKET
Drive through restaurants

501 Joseph Dr Harrodsburg, KY 40330-2194

2,776 SF 0.98 ac lot Built 2013
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US34-1832360
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2013
Construction BRICK
Total area 2,776 SF
Lot 0.98 ac (42,689 SF)
Zoning code COM
APN 100.12-01007.02
UPID US34-1832360
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Realty Income Properties 25, LLC · 12 yrs held
Realty Income Properties 25, LLC
since 2014
2 recorded transactions
2014
$1.4M
2005
$425,000
Zoning & alternative use
COM · Harrodsburg, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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