9695 Elizabethtown Rd Big Clifty, KY 42712
- Commercial real estate
- 7.75 lot acres
Current Use by Public Records
- Big Clifty Farm & Country Store / Animal Feed Store
Property Details for 9695 Elizabethtown Rd
- Lot size
- 7.75 lot acres
- Property type
- Commercial real estate
- APN
- 116-00-00-015.0D
- APU
- 11600000150D
Description
This exceptional investment opportunity presents a 10,800 sq ft commercial property in Big Clifty, KY, encompassing three buildings on nearly 10 acres. Built in 2007, this Class B property currently operates as a successful going concern, offering a strong 100% occupancy and a substantial $200,000 NOI, with a pro-forma NOI of $250,000, resulting in a compelling 26.67% cap rate (33.33% pro-forma). The asking price is $750,000, translating to $69.44 per square foot. The property includes all necessary improvements and FF&E to continue operations immediately upon closing. Inventory will be added to the sale price at closing, with a mutual agreement on count and pricing between buyer and seller. A small orchard is also present on the property. This prime location in Grayson County offers easy access to popular attractions like Rough River Dam State Resort Park and Rough River Lake, providing a strong customer base for retail or specialty center ventures. Financial details are available to qualified buyers under a confidentiality agreement. This is a rare chance to acquire a profitable, established business with significant growth potential and substantial real estate holdings.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Big Clifty
- County
- Grayson
- State
- Kentucky
- Longitude
- -86.1535
- Latitude
- 37.5417
