Property summary
This 20,602 square foot, two-building retail strip center in Radcliff, KY, presents a compelling value-add opportunity. Currently boasting 92.72% occupancy with ten tenants, the property features 1,500 square feet of readily leasable vacant space, offering significant upside potential. Eight of the ten leases expire within one year, presenting an immediate opportunity to increase rental income. The average gross rent is $9.2 per square foot, and at least six tenants have never experienced… rent increases, indicating further potential for growth. A pro-forma NOI of $232,488 projects a 13.38% cap rate, significantly exceeding the current 8% cap rate based on the current NOI of $139,069. The property sits on a 2.27-acre lot with ample concrete parking and enjoys high visibility due to its location, exceeding the traffic volume of a nearby Walmart. Its proximity to military bases, medical facilities, and the large-scale Ford Blue Oval SK Battery Park development further enhances its long-term prospects. The asking price is $1,738,000 ($84.36/sq ft), well below replacement cost. This fee-simple ownership opportunity offers substantial returns through lease renewals, vacancy backfill, and potential rent increases, potentially adding over $1 million in value through stabilization, rent growth, and a conversion to a triple-net lease structure. Built in 2004, the property consists of two, two-story buildings.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2021
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.85 ac
- APN
- 159-20-00-051
- Assessed value · 2023
- $330,800
- Annual tax · 2021
- $3,304
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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