506 E Laurel Rd London, KY 40741
Property Lookup
Property profile & analytics
506 E Laurel Rd London, KY 40741
- Retail space
- 0.96 lot acres
Property ID
US34-0932265
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 506 E Laurel Rd
- Year built
- 1980
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.96 lot acres
- Property type
- Retail space
- APN
- 064-50-00-001.00
- APU
- 64500000100
Description
This exceptional commercial property, located at 506 E Laurel Road in London, KY, presents a unique investment opportunity. Situated just two-tenths of a mile from KY Hwy 192 on Hwy East 80, this 10,300 square foot building sits on a spacious 0.96-acre lot and is currently utilized as an automotive sales and powersports dealership, along with an eBay storefront. The building boasts a range of features ideal for diverse commercial uses. The interior includes electric air conditioning, gas heating, and city sewer connections. A comprehensive monitored security system ensures peace of mind, and the property is fully accessible for individuals with disabilities. A large loading dock facilitates efficient operations, complemented by a 50' x 6.5' sidewalk. Two bathrooms and a kitchen area add to the property's functionality. The well-designed floor plan includes a large front showroom (3610 SF), a second front showroom (2400 SF), a front garage with a 10' x 12' garage door (1824 SF), a front shop with loading ramp (442 SF), a rear shop with a 10' x 8' sliding door (1020 SF), a rear right shop/garage with 12' x 10' sliding doors (900 SF), and a left rear shop (485 SF). A significant added benefit is the availability of over $400,000 worth of new old stock (NOS) automotive and tractor parts, and other automotive equipment, offered at a heavily discounted price to the buyer. This versatile property offers substantial potential for a variety of commercial ventures. The asking price is $485,000.
Value Estimations
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- London
- County
- Laurel
- State
- Kentucky
- Longitude
- -84.0443
- Latitude
- 37.1174
- CBSA code
- 30940
- CBSA name
- LONDON, KY MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,364
$0.00
$0.00
$172,500
-
$0.00
$0.00
$172,500
