For Sale
$2,000,000

11 Lake Jericho RdSmithfield, KY 40068

7-Acre Retail Opportunity, High Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 7-acre commercial property, located at 11 Lake Jericho Rd, Smithfield, KY 40068, presents a significant investment opportunity. Situated on the corner of LaGrange Road and Lake Jericho Road, this prime location boasts close proximity to Highway 71, placing it within easy reach of a substantial customer base. Currently occupied by a leased liquor store and a commercial trucking office, the property is zoned B2, offering versatility for a range of commercial ventures. Its strategic location makes it ideal for a franchise restaurant, hotel, or strip mall development. The area is experiencing significant growth, with new developments already underway, indicating a strong potential for future appreciation. This property represents a compelling investment opportunity, whether for immediate development or future resale. The existing tenants provide a stable income stream while the property's potential for expansion and redevelopment offers substantial long-term growth prospects. The one-story building sits on a large parcel of land, providing ample space for expansion or the construction of new buildings. This is a rare opportunity to acquire a substantial commercial property in a rapidly developing area.

Highlights

  • 7-acre commercial property at 11 Lake Jericho Rd, Smithfield, KY 40068.
  • Prime corner location at LaGrange Rd and Lake Jericho Rd, near Highway 71.
  • Currently leased to a liquor store and trucking office; B2 zoning allows versatile commercial uses.
  • Strong potential for future appreciation in a rapidly growing area.
  • Offers immediate income and long-term growth potential.

Property Details for 11 Lake Jericho Rd

Property type
Lifestyle centers, Power centers
Stories
1

Location Insight

City
Smithfield
County
Henry
State
Kentucky
Latitude
38.451872093842
Longitude
-85.294131703022
11 Lake Jericho Rd, Smithfield, Kentucky

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11 Lake Jericho Rd
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