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107 Waterford Dr. 107 Waterford Dr 2,593 SF Office Building Oak Grove, KY 42262 $274,900 ($106.02/SF) 13.07% Cap Rate
INVESTMENT HIGHLIGHTS
- R3 Zoning, Grandfathered B2 Zoning,
- Rental Potential $1,250 for the front, the rear isn't finished out, but upon completion $750 each as finished out studios.
- ADA Compliant, could lease the front building to office tenant
EXECUTIVE SUMMARY
KW Commercial | Clarksville is pleased to exclusively present a rare investment offering grandfathered B2 Zoning office space 1036sf- 3 full size offices, wifh sliding window, 2 full bathrooms. Full kitchen and washer dryer set up. The Location has Handicap accessible ramp with entry to the right side, and entire lot has been concreted for ease of use. Full drive around, and Additional building located in the back with 3 car garage pull ups, and the third door converted into more office areas. 3/4 additional rooms and a full size bath, Hvac, plumbing, and also electric has been connected. Traffic count near by on fort Campbell has 37k and other end shows 26k cars
Special Terms: Building in the rear has not been completed due to having listed for sale. It could be finished out once contractor is free, and current vehicle, storage items to be moved prior to sale.
Offering a 30k Seller Concessions towards buildout on rear building
Interactive 360 property viewer.
https://jameschurchrealtor.viewin360.co/share/53nZR?logo=1&info=0&fs=1&vr=1&sd=1&initload=0&thumbs=1
Special Terms: Building in the rear has not been completed due to having listed for sale. It could be finished out once contractor is free, and current vehicle, storage items to be moved prior to sale.
Offering a 30k Seller Concessions towards buildout on rear building
Interactive 360 property viewer.
https://jameschurchrealtor.viewin360.co/share/53nZR?logo=1&info=0&fs=1&vr=1&sd=1&initload=0&thumbs=1
PROPERTY FACTS Under Contract
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Building Size
2,593 SF
Building Class
C
Year Built/Renovated
1997/2019
Price
$274,900
Price Per SF
$106.02
Cap Rate
13.07%
NOI
$35,940
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,023 SF
Building FAR
0.09
Lot Size
0.66 AC
Zoning
B2/R3 - R3 Multifamily, but Grandfathered from B-2 Commercial Zoning
AMENITIES
- Controlled Access
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Ready for Owner Occupant
- Real Estate
- 1,023 SF
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Ready for Owner Occupant | Real Estate | 1,023 SF | - | Triple Net | - |
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107 Waterford Dr. | 107 Waterford Dr
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