Commercial

Melbourne, KY Commercial Land for Sale

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Cincinnati, OH Silver Grove, KY Newport, KY
Church Building with Flexible Zoning
Updated: Jan 29
Church Building with Flexible Zoning

5783 Mary Ingles Hwy, Melbourne, KY 41059

$350,000
3,200 sqft · 2.99 AC lot
2.99‑acre parcel in Melbourne, KY with an existing 3,200 SF building previously used as a church
Rural Commercial zoning allows for a wide range of potential uses, including self‑storage and religious facilities
Interior includes a large open auditorium, kitchen, two restrooms, and multiple meeting rooms
Additional flexible spaces in the former church layout support owner‑user use or redevelopment
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Melbourne, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

2.43 Acres Development Opportunity
2.43 Acres Development Opportunity

8074 Beechmont Ave, Cincinnati, OH

$1,500,000
2.43 AC lot

2.43 acres available in a dense retail market.

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Commercial Development Land Parcel
Commercial Development Land Parcel

595 Davis Road, Cincinnati, OH 45255

$750,000
522,720 sqft · 12.00 AC lot

Mostly cleared, level 12-acre tract with commercial zoning and utilities available for a range of nonresidential uses.

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Development Opportunity on Alexandria Pike
Development Opportunity on Alexandria Pike

7000 Alexandria Pike, Alexandria, KY

$500,000
0.43 AC lot

Commercial land for development in high-traffic area.

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Prime Land for Commercial Development
Prime Land for Commercial Development

7562 Alexandria Pike Unit 7562, Alexandria, KY 41001

$20,000,000
63.00 AC lot

63 acres of land ideal for commercial development.

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Melbourne, KY Commercial Land Market Trends and Statistics

Explore 1 commercial land for sale in Melbourne, KY on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale, with an estimated market value of $350,000.

Sale prices for commercial lots in Melbourne, KY start at $350,000, averaging $350,000, and reaching up to $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 1
Residential land & home lots 1

Demographics Overview

Population 3,166
Population Growth (5Y) +19.9%
Median Household Income $53,667
College Educated 28.0%

High-Yield Neighborhoods for Investment

Identify Melbourne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
41059 $350K

Taxes & Financing

Tax Rate (average for all types) 1.23%
Property Tax per SF $36.82 per SF
Tax Rate vs County Average 0.32 pp above county avg
Average Loan-to-Value 65.0%

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