950 Mulberry StElizabethtown, KY 42701

  • Other commercial real estate
  • 3.80 AC
For Lease
$216/SF/YR View listing

Property Details for 950 Mulberry St

Lot size
3.80 AC
Property type
Other commercial real estate
APN
220-30-00-029
APU
2203000029

Description

This exceptional 5,000-square-foot office suite is ideally situated in Mulberry Square, offering unparalleled convenience with easy access to I-65 and Ring Road. The space is part of a larger, well-established complex totaling 40,000 square feet, distributed across four single-story buildings. The complex boasts a diverse tenant mix, including established office spaces, retail stores, and medical offices, creating a vibrant and thriving business environment. Ample parking is available with over 130 parking spaces. The suite is currently vacant and presents a unique opportunity for a single tenant. However, the landlord is open to subdividing the space to accommodate specific tenant needs. The property's strategic location on Ring Road ensures high visibility and significant traffic volume, providing excellent exposure for any business. Rental rates are negotiable and will vary depending on tenant improvements, common area maintenance (CAM) charges, and the nature of the business. The property is zoned C3. This is a rare opportunity to secure a prominent location in a thriving commercial complex.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $32,730,626
    Hospitality
    $29,981,078
    Educational
    $24,943,904
    Medical
    $25,801,764
    Retail
    $38,801,628
950 Mulberry St, Elizabethtown, Kentucky

Location Insight

City
Elizabethtown
County
Hardin
State
Kentucky
Latitude
37.7085
Longitude
-85.8416
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
$30,926
$450,000
$2,350,000
$2,800,000
-
$450,000
$2,350,000
$2,800,000

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