13555 Dixie HwyUpton, KY 42784

For Sale
$2,900,000 View listing
  • Commercial real estate
  • 1.06 AC

Property Details for 13555 Dixie Hwy

Lot size
1.06 AC
Property type
Commercial real estate
APN
211-00-00-008.01
APU
211000000801

Description

This exceptional commercial property, situated on 21.75 acres at 13555 S Dixie Highway in Upton, Kentucky, presents a unique investment opportunity. Its strategic location offers unparalleled accessibility and visibility. The property boasts four buildings totaling 15,542 square feet, each currently generating income. Building #1, a 6,300 square foot structure, is leased commercially. Building #2, a 1,862 square foot building, is currently used as a residential rental. Buildings #3 and #4, each measuring 3,600 and 3,780 square feet respectively, are both utilized as storage rentals. The property is zoned C-1 and enjoys a highly visible location just 1.5 miles from the Sonora exit of I-65, providing easy access to major transportation routes. Its proximity to significant economic drivers further enhances its value. The property is only 5 miles from the BlueOval SK Battery Plant in Glendale, KY, and within a convenient driving distance of several major Kentucky cities: 50 miles from both Louisville and Bowling Green, 85 miles from Lexington, and 90 miles from Owensboro. This prime location, combined with the existing income-generating buildings, makes this a compelling investment opportunity with significant potential for growth and future development. The property's high visibility from I-65 ensures substantial exposure to a large volume of traffic. This is an ideal opportunity for investors seeking a diversified portfolio or those looking to establish a strong presence in a rapidly growing region.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,104,298
    Hospitality
    $8,339,488
    Educational
    $6,938,356
    Medical
    $7,176,976
    Retail
    $10,792,998
13555 Dixie Hwy, Upton, Kentucky

Location Insight

City
Upton
County
Hardin
State
Kentucky
Latitude
37.502
Longitude
-85.8839
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
$840
$15,000
$55,000
$70,000
-
$15,000
$55,000
$70,000

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