Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    16003 Hwy E, Unit 60 Reed, KY 42451

    For Sale
    $34,900

    Land - Reed, KY

    Days on Market:
    18
    Last Refresh:
    Dec 12 at 1:06 pm

    Property Features for 16003 Hwy E

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Architectural style
    Other

    CHANGE OF PLACE REAL ESTATE, LLC (270) 316-8831

    Listing agent Randy Hayden (270) 316-8831 License #192077

    Listing date Nov 25, 2025

    MLS# 93176 Listing URL

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

    Overview

    2.22 Acre Building Site

    This 2.22-acre building site is located just inside the Reed town limits on Hwy 60. The property features over 650 feet of road frontage along Hwy 60. Existing improvements include a small camper, a storage building, and a partially filled 1,000-gallon propane tank. A concrete parking pad and gravel driveway are also present on the site. The location is convenient to both Henderson and Owensboro, making it a potentially nice building site.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Reed
    County
    Henderson
    State
    Kentucky
    Longitude
    -87.3796
    Latitude
    37.877

    FAQs

    What type of property is this?
    Land - 2.22 acre building site with road frontage on Hwy 60.
    Where is this land located?
    The property is located at 16003 Hwy E, Unit 60 Reed, KY.
    What is the asking price?
    The asking price for this property is $34,900.
    What are key features of this property?
    This property features: - 2.22 acre building site; - Boasts over 650 ft of road frontage along Hwy 60; - Convenient to both Henderson and Owensboro
    (270) 316-8831
    Request Owner's contact information
    16003 Hwy E, Unit 60 Reed, KY 42451
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16003 Hwy E, Unit 60
    Reed, KY 42451
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    16003 Hwy E, Unit 60 Reed, KY 42451
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.