874 Bloomfield RdSpringfield, KY 40069

Property Details for 874 Bloomfield Rd

Lot size

1.58 AC

Property type

Retail properties

Property subtype

Auto shops

APN

17-081

APU

17081

Description

This exceptional 3,215-square-foot warehouse, situated on a 1.5-acre lot in Springfield, Kentucky, presents a fantastic opportunity for businesses seeking immediate occupancy. Built in 1992, the property boasts a prime location offering easy access and convenient transportation links. The warehouse features one loading dock, ensuring efficient handling of goods, complemented by large overhead doors for easy access. Inside, the space is climate-controlled for optimal storage and working conditions. Further enhancing its versatility, the property includes a functional kitchen area, dedicated office space, and a restroom, providing a comfortable and productive environment. With ample parking for two vehicles, this warehouse is ready for immediate use, eliminating the need for extensive renovations or upgrades. The property is currently vacant, allowing for immediate customization to suit specific business needs. Located at 874 Bloomfield Rd, Springfield, KY 40069, this warehouse offers a compelling combination of functionality, location, and immediate availability. Don't miss this chance to secure a well-equipped and conveniently located warehouse in a thriving Kentucky market.

• CAP approach

  CAP return

  Valuation

  6%

  $15,787,092

  6.5%

  $14,572,700

  7%

  $13,531,793

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,967,373

  Geo Method

  $14,967,373

• Alternative Use

  Use

  Valuation

  Residential

  $12,292,618

  Hospitality

  $11,259,972

  Educational

  $9,368,164

  Medical

  $9,690,350

  Retail

  $14,572,700

Location Insight

City

Springfield

County

Washington

State

Kentucky

Latitude

37.7039

Longitude

-85.2342

Property Tax & Assessments

FAQs

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