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Property profile & analytics
OFF-MARKET
Commercial real estate

51 Lakeshore Dr Burnside, KY 42519-9424

1,200 SF 0.53 ac lot Built 2004
Individually Owned 12-yr Hold Free & Clear
Property ID
US34-0747399
Property summary
AI-generated overview

This exceptional commercial property, located at 51 W Lakeshore Drive in Burnside, Kentucky, presents a fantastic opportunity for a variety of businesses. Situated on a desirable half-acre lot within the city limits, this 1200 square foot building offers significant potential for growth and development. The property boasts convenient access to city sewer services, eliminating the need for costly septic system maintenance. The existing structure provides a solid foundation for immediate occupancy, allowing for quick start-up and minimal initial investment. The strategic location within Burnside ensures high visibility and accessibility for customers and clients. The half-acre lot provides ample space for expansion, outdoor seating, or additional parking, catering to a wide range of business needs. This property is being sold with a clear deed, ensuring a smooth and straightforward transfer of ownership. The diverse business opportunities available in this thriving community make this an exceptional investment for entrepreneurs and business owners alike. Don't miss this chance to secure a prime commercial property in a desirable location. Act quickly, as opportunities like this are rare.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2004
Construction WOOD FRAME
Total area 1,200 SF
Lot 0.53 ac (23,087 SF)
APN 064-7-1-64
UPID US34-0747399
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
  • Health Mart Pharmacy Pharmacy
  • Lakeshore Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dennis Guinn · 12 yrs held
Dennis Guinn
since 2014
1 recorded transaction
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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