+/-1.66 AC Retail Outparcel

Vacant Land for Sale
Catylist Listing ID: 30298152
Property Subtypes: Retail
Gross Land Area: 1.66 Acres
Sale Price: $575,000
Unit Price: $346,385 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/12/2019

Overview / Comments

+/-1.66 usable acres for sale or ground lease in Prestonsburg, Kentucky. The Food City anchored center outparcel is located between Prestonsburg High School and Big Sandy Community and Technical School. Area retailers and restaurants include Pizza Hut, AT&T, McDonald's, Rite Aid, Taco Bell, Wendy's, KFC, Dairy Queen, Highlands Hometown Clinic and more. This property is located within an Opportunity Zone. A Kentucky Opportunity Zone is a low income U.S. Census tract that encourages individuals and corporations to invest in a variety of economic development projects through "Opportunity Funds". To learn more visit http://www.thinkkentucky.com/OZ/.

Attachments & Media

Additional Details

Nearest MSA: Huntington-Ashland
County: Floyd
Tax ID/APN: 045-20-01-004.00
Zoning: COMMERCIAL
Area Description: The outparcel is located at the corner of University Drive and West Porter Street in Prestonsburg, Kentucky, known as the Star City of Eastern Kentucky. Prestonsburg is located in the foothills of the Appalachian Mountains in Floyd County. The area is home to Jenny Wiley State Resort Park, Jenny Wiley Theatre, a Planetarium and the Mountain Arts Center.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 779 5,890 13,276
Median Age: 50.35 42.37 40.58
Households: 376 2,548 5,468

Contact

Photograph of Listing Agent

Jim Kemper

NAI Isaac KCREA Member
Photograph of Listing Agent

Paul Ray Smith

NAI Isaac KCREA Member
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