For Sale
$2,000,000

11 Lake Jericho Rd Smithfield, KY 40068

7-Acre Retail Opportunity, High Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
138
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

FAQs

What type of property is this?
Lifestyle center - 7-Acre Retail Opportunity, High Growth Area
Where is the lifestyle center located?
The property is located at 11 Lake Jericho Rd Smithfield, KY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 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.
How can I contact the broker?
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11 Lake Jericho Rd
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