103 Village BlvdGeorgetown, KY 40324

Property Details for 103 Village Blvd

Lot size

0.74 AC

Property type

Retail properties

Property subtype

Drive through restaurants

APN

164-30-005.002

APU

16430005002

Description

This exceptional 1,377 square foot retail shop, located at 103 Village Market Path in Georgetown, Kentucky, presents a fantastic opportunity for a discerning business owner. Built in 2019, this single-tenant space is part of a larger 6,433 square foot building situated in Scott County (zip code 40324). The property boasts a modern design and is ready for immediate occupancy. A significant landlord tenant improvement allowance is available to help customize the space to perfectly suit your business needs. The existing infrastructure includes two 200-amp electrical panels (totaling 400 amps), a 5-ton rooftop HVAC unit, and sewer and water lines already stubbed to the space. Plumbing lines are also in place for a bathroom. This prime location offers excellent visibility and accessibility, making it an ideal choice for a variety of retail businesses. The property's modern amenities and generous tenant improvement allowance combine to create a truly compelling opportunity for growth and success. Don't miss out on this chance to establish your business in a thriving Kentucky community. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $7,186,238

  6.5%

  $6,633,450

  7%

  $6,159,632

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,649,489

  Geo Method

  $10,020,002

• Alternative Use

  Use

  Valuation

  Residential

  $5,595,564

  Hospitality

  $5,125,506

  Educational

  $4,264,360

  Medical

  $4,411,018

  Retail

  $6,633,450

Location Insight

City

Georgetown

County

Scott

State

Kentucky

Latitude

38.238

Longitude

-84.5672

CBSA code

30460

CBSA name

LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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