55 Jb Shannon Dr | Flemingsburg, KY 41041
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55 Jb Shannon Dr
Flemingsburg, KY 41041
Value Add Retail Center - Flemingsburg, KY · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Fully leased 5,000 SF retail center with 4 units
- Retail center offered at an 8.0% cap rate based on Year 1 NOI of $35,423, valued at $442,787
- Zoned Highway Business – suitable for retail expansion or pad site
- Tenants: AT&T (Prime Communications), Little Caesars, Jackson Hewitt, and Spotlight Realty KY
- Includes adjacent 0.53-acre development parcel, valued at $107,213
- Adjacent to major community anchors: Fleming County Hospital, Fleming County High School, McDonald’s, and Arby’s
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
5,000 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.53 AC
Zoning
Highway Business
Parking
11 Spaces (2.2 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 039-10-08-001.01 | Improvements Assessment | $300,000 |
| Land Assessment | $75,000 | Total Assessment | $375,000 |
PROPERTY TAXES
Parcel Number
039-10-08-001.01
Land Assessment
$75,000
Improvements Assessment
$300,000
Total Assessment
$375,000
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