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Property profile & analytics
OFF-MARKET
Outlet malls

641 Laurel Rd London, KY 40741-8365

0.61 ac lot Built 2002
Entity Owned 3-yr Hold Free & Clear
Property ID
US34-1927654
Property summary
AI-generated overview

This exceptional 7,500-square-foot single-tenant retail or flex building presents a remarkable leasing opportunity in London, Kentucky. Located at 641 W. Laurel Rd., this highly visible freestanding structure boasts a convenient location just off Highway 192/W. Laurel Road, approximately half a mile from Interstate 75 Exit 38. Previously occupied by Dollar General, the building features open retail space, restrooms, and substantial warehouse storage in the rear. A large on-site parking lot ensures ample space for customers and employees. The building's facade offers excellent signage potential, maximizing visibility for your business. The flexible layout is ideal for a variety of retail and flex users, offering both open workspace and dedicated storage. This property benefits from its proximity to a thriving retail corridor, including major national brands such as Walmart, Dollar Tree, Kroger, Lowe's, and Starbucks, ensuring high traffic and customer accessibility. The property sits on a 0.61-acre lot and was built in 2001. The building is a single-story structure with Commercial zoning and APN 062-00-00-036.02. This is a rare opportunity to secure a well-located, versatile commercial space in a dynamic market.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2002
Construction STEEL FRAME
Lot 0.61 ac (26,572 SF)
APN 062-00-00-036.02
UPID US34-1927654
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
  • Western Union Bank Credit Union
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
David Deve LLC · 3 yrs held
David Deve LLC
since 2022
Last sale
$425,000
1 recorded transaction
2022
$425,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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