Home For Sale In Cave City, Kentucky

house for sale

Listed: 03/11/24

Dairy Queen, 517 North Dixie Highway, Cave City, Barren County, KY 42127, USA

Studio Bed:

5,550 Sq Ft Living Area:

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Price

$ 499,500

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About This House

Welcome to your next business adventure! This property offers approx.50 acre (pending a survey), a car wash, and storage units. This multi-income producing property has 2 storage unit structures with a combined total of 28 10x10 units currently rented at $45 per month per unit, totaling $1260 per month, and$15, 120per year. All units are rented with a waiting list. There is also a shed on the lot that currently rents at $125 per month as a large storage unit with 572 sq ft. The yearly income is$1500.There are no utilities on the unit at this time. The carwash was built in 2001 with 2058 sqft. is currently not in use. It was purchased in 2020 with a 15 year non-compete for the carwash business. The current owner had plans to make it into more storage units for this time period for use of vehicles or boat storage.

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Original listing

Cave City Housing & Living

Household Income

Median household income: $30,727

Number of households: 969

The average household income in Cave City, KY grew from $28,542 to $30,727 in the past year. This data is an estimate based upon 969 households in Cave City, KY.
The chart below presents how household income is distributed in Cave City, KY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cave City, KY compared to median property taxes around the country. The prevalent amount of property taxes in Cave City, KY equals <$800 , which is more than the national average.