401 E SECOND AVE

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401 E SECOND AVE

CENTRAL CITY, KY 42330
Asking Price
$50K
Asset Type
Commercial Mixed-use
Class
Class B

AI Property Summary

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

  • Located at 401 E Second Ave in Central City, Kentucky.
  • The parcel encompasses approximately 0.75 acres of land.
  • This asset is currently zoned for commercial use.
  • The property is offered for sale at a price of $49,900.
  • This site represents a flexible opportunity for commercial development projects.

What's Special

Central City serves as a functional hub within Muhlenberg County, providing essential infrastructure for local commerce and regional connectivity. This 0.75-acre commercial lot at 401 E Second Ave presents a straightforward development opportunity for investors seeking to establish a foothold in this Kentucky market. The property benefits from its straightforward commercial zoning, making it a viable site for a variety of business ventures or service-oriented projects. Buyers interested in project flexibility will find the parcel size suitable for tailoring a facility to specific operational needs. As the region continues to support ongoing commercial growth, this plot offers a clean slate for developers looking to add value to the local landscape. Its position provides accessibility for a range of professional applications, suitable for those targeting the area's customer base or specific commercial requirements. The site stands as a practical acquisition for parties evaluating build-to-suit possibilities or long-term land holding strategies.

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NOI
$80,000
Cap Rate
160.32%
DSCR
27.00
Strong
Cash-on-Cash
514.61%
Monthly Payment
$246.878
Annual Cash Flow
$77,037.464

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