6459 KY-1428

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6459 KY-1428

Allen, KY 41601
Asking Price
$1.10M
Asset Type
Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 6459 KY-1428 in Allen, Kentucky
  • Special-purpose facility offering 8,000 square feet
  • Priced at $1,100,000 for interested commercial investors
  • Versatile floor plan suitable for various business operations
  • Strategically positioned within the Eastern Kentucky regional market

What's Special

Allen serves as a notable community within Floyd County, representing a region known for its resource-driven economy and steady local infrastructure in Eastern Kentucky. This special-purpose asset, located at 6459 KY-1428, provides 8,000 square feet of flexible floor space suitable for diverse commercial applications. The property sits within reach of local transit corridors, connecting it effectively to the broader Appalachian market and surrounding business centers. Prospective buyers may consider this facility for adaptive reuse projects, light industrial storage, or community-based institutional operations that require an expansive interior footprint. The layout accommodates various operational configurations, making it a viable candidate for organizations seeking functional space in a regional hub. With its strategic positioning and scale, the building serves as a practical foundation for business owners or investors focused on the Floyd County area. The site offers long-term potential for those looking to establish or expand a presence within this specific Kentucky submarket.

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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602

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