10070 Highway 44Mount Washington, KY 40047

  • Other commercial real estate
  • 29,936 SF
For Sale
$2,900,000 View listing

Property Details for 10070 Highway 44

Lot size
4.40 AC
Property size (Sq ft)
29,936 SF
Property type
Other commercial real estate
APN
077-WSW-17-003
APU
077WSW17003

Description

This 30,500 square foot shopping center in Mount Washington, Kentucky, presents a compelling investment opportunity. Located at 10070 Hwy 44 E, this single-story, 1980-built property sits on a 4.21-acre lot and features 156 parking spaces. Currently 66% occupied with a mix of month-to-month and year-to-year leases, the property offers significant upside potential for a buyer-occupied strategy. The asking price is $2,900,000 ($95.08/sq ft). The property includes three units, a modified lease type, and a recessed well dock connected to a 19,000 square foot space. Current tenants include Camelot Piano Services and Dis N Dat Thrift Store. A pylon sign in the parking area provides excellent advertising potential. The property's convenient location is just 9.3 miles from Interstate 65 and 26.2 miles from Louisville, KY. The property's APN is 077-WSW-17-003 and is zoned for commercial use. The remaining lease term on the current tenants is one year. This property offers a strong foundation for future growth and profitability. Ample parking is available for both semi-trucks and cars.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,226,768
    Hospitality
    $3,871,698
    Educational
    $3,221,207
    Medical
    $3,331,989
    Retail
    $5,010,766
10070 Highway 44, Mount Washington, Kentucky

Location Insight

City
Mount Washington
County
Bullitt
State
Kentucky
Latitude
38.0433
Longitude
-85.5497
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,229
-
$1,300,080
$1,300,080
-
-
$1,300,080
$1,300,080

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