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    1496 Martin Luther King Jr Dr Winchester, KY 40391

    For Sale
    $700,000

    COMMERCIAL - Winchester, KY

    Lot size:
    3.12 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 1496 Martin Luther King Jr Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    042-2010-001-00
    Lot size
    3.12 Acres

    Steven D Adams Real Estate Services, LLC (859) 744-1080

    Listing agent Steven D Adams (859) 744-1080

    Listing date Nov 3, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot in Winchester, KY

    This commercial lot, situated in Winchester, Kentucky, spans 3.12 acres. The property is zoned PD, planned development. Its location offers proximity to the Bypass, multiple area schools, a hospital, Interstate 64, and the Bert T. Combs Mountain Parkway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Clark
    State
    Kentucky
    Longitude
    -84.217034
    Latitude
    38.000957

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot near Bypass, schools, hospital, and major roadways.
    Where is this commercial land located?
    The property is located at 1496 Martin Luther King Jr Dr Winchester, KY.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Proximity to Bypass, Interstate 64, and Bert T. Combs Mountain Parkway.; - Zoned PD (Planned Development) offering flexible development options.; - Close proximity to multiple area schools.
    (859) 744-1080
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1496 Martin Luther King Jr Dr Winchester, KY 40391
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