4964 Dixie HwyElizabethtown, KY 42701

  • Commercial real estate
  • 5.00 AC
For Sale
$1,500,000 View listing

Property Details for 4964 Dixie Hwy

Lot size
5.00 AC
Property type
Commercial real estate
APN
183-30-00-042
APU
1833000042

Description

This exceptional 5-acre commercial land parcel presents a remarkable investment opportunity in the thriving Elizabethtown, Kentucky market. Strategically located on Dixie Highway, between Mt. Zion Road and Teresa Road, this property boasts approximately 384 feet of prominent road frontage at a signalized intersection, ensuring maximum visibility and accessibility. The C3 zoning allows for a wide range of commercial uses, making it ideal for businesses seeking a high-traffic location. The property's location within the Elizabethtown city limits ensures convenient access to all essential utilities. This rapidly developing area is experiencing significant growth fueled by the new Blue Oval SK Battery plant in nearby Glendale, bringing an influx of 5,000 new jobs to the region. This presents a unique chance to capitalize on the expanding economic opportunities and establish a thriving business in a high-demand location. The asking price for this exceptional property is $1,500,000. Don't miss this chance to secure a prime piece of commercial real estate in a booming Kentucky market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $43,066,612
    Hospitality
    $39,448,784
    Educational
    $32,820,926
    Medical
    $33,949,688
    Retail
    $51,054,776

Location Insight

City
Elizabethtown
County
Hardin
State
Kentucky
Latitude
37.7576
Longitude
-85.8968
CBSA code
21060
CBSA name
ELIZABETHTOWN-FORT KNOX, KY 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
2021
$5,976
$550,000
$20,000
$570,000
-
$550,000
$20,000
$570,000

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