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100 Gray St 9,286 SF 25% Leased Office Building Elizabethtown, KY 42701 $959,000 ($103.27/SF) 9% Cap Rate
Investment Highlights
- Heavy Daytime Traffic on Dixie Highway
- Ample parking
- Plenty of Office Space
Executive Summary
Prime Investment property which currently has one tenant occupying about 2000 s.f. the cap rate reflected above is with the potential rental income.
Discover a turnkey addition to your real estate portfolio at the high-visibility corner of Dixie Highway (31W) and Gray Street. This versatile commercial office building offers approximately 9,286 square feet of professional space, strategically positioned to capture the attention of thousands of daily commuters in one of Elizabethtown’s most active corridors.
Discover a turnkey addition to your real estate portfolio at the high-visibility corner of Dixie Highway (31W) and Gray Street. This versatile commercial office building offers approximately 9,286 square feet of professional space, strategically positioned to capture the attention of thousands of daily commuters in one of Elizabethtown’s most active corridors.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
9,286 SF
Building Class
B
Year Built/Renovated
1978/2025
Price
$959,000
Price Per SF
$103.27
Cap Rate
9%
NOI
$86,310
Percent Leased
25%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,286 SF
Building FAR
0.27
Lot Size
0.80 AC
Zoning
C-3 - Regional Commercial
Amenities
- Courtyard
- Fenced Lot
- Signage
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
- Shower Facilities
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Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 201-20-02-017 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $460,000 |
Property Taxes
Parcel Number
201-20-02-017
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$460,000
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Videos
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Photos
Street View
Street
Map
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Contact the Sale Advisor
100 Gray St