Technical
Financial
Distress signals
Property profile

705 Broadway St Georgetown, KY 40324

OFF-MARKET
Drug stores
Property ID
US34-1381364
4,180 SF 0.62 ac lot Built 1997
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional single-tenant retail property, located at 705 S Broadway St in Georgetown, Kentucky, presents a fantastic leasing opportunity. The building, constructed in 1997, boasts a total of 4,180 square feet, with 2,100 square feet currently available for lease. The property is situated on a highly visible location, benefiting from significant foot and vehicle traffic. The building is a single-story structure, offering convenient access and ample space for a variety of retail businesses. The zoning designation is B-2, allowing for a wide range of commercial uses. The property features a single tenancy, providing an ideal space for a business seeking a prominent location with high visibility. The ample square footage provides flexibility for various retail layouts and operations. The property's address is 705 S Broadway St, Georgetown, KY 40324, and its APN is 167-30-266.000. This is an excellent opportunity for a business seeking a well-located, spacious, and highly visible retail space in a thriving Kentucky community. The property's single-story design and ample parking (details not provided) contribute to its overall appeal and functionality. Serious inquiries are encouraged to explore this prime retail leasing opportunity.

Property profile

Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1997
Total area 4,180 SF
Lot 0.62 ac (26,998 SF)
APN 167-30-266.000
UPID US34-1381364

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Pharmacy
  • Department Store
  • Pharmacy

Location

705 Broadway St Georgetown, KY 40324-1164
Georgetown metro Census 40208 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2018
1 recorded transaction
2018
$750,000

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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