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515 Heritage Way Hopkinsville, KY 42240

Turn key restaurants Google Maps
3,000 SF 0.75 ac lot
Individually Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Estimated value
No estimation on file for this property yet.
Property ID US34-0618578

Property summary

AI-generated overview

This exceptional 3,000 square foot retail building, situated on a 1.22-acre lot in Hopkinsville, Kentucky, presents a compelling investment opportunity. Built in 2007, the property is zoned B-2 and features a convenient location in the heart of Hopkinsville, offering easy access to Clarksville, Tennessee. Its central position ensures high visibility and traffic, with nearby shopping, dining, and medical services attracting a substantial customer base. Originally designed as a two-tenant building, this versatile space is adaptable to a variety of uses, including a single 3,000 square-foot owner-occupant or a multi-tenant configuration. The property's flexible layout caters to diverse business needs, making it ideal for convenience stores, quick-service restaurants (QSR), or other retail establishments. The triple-net (NNN) lease structure simplifies ownership and management responsibilities. The property's APN is 104-01 00 002.27. This prime retail space offers significant potential for growth and profitability in a thriving market. The address is 515 Heritage Way, Hopkinsville, KY 42240.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Total area 3,000 SF
Lot 0.75 ac (32,670 SF)
APN 104-01 00 002.27
UPID US34-0618578

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2012
2 recorded transactions
2012
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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