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    305 Kentucky Ave, Unit 305 Versailles, KY 40383

    For Sale
    $922,000

    LAND - Versailles, KY

    Lot size:
    3.97 Acres
    Days on Market:
    73
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 305 Kentucky Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    30-2003-005-02
    Lot size
    3.97 Acres

    Utilities

    Utilities
    Natural Gas Available

    Haroldz, Inc. 8739108

    Listing agent Harold Steele (859) 338-8712

    Listing date Sep 24, 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

    Versailles, KY Industrial Land

    This 3.967-acre lot is zoned I1, light industrial, accommodating various uses. The property's size allows for potential development into several lots. It is also large enough to accommodate 35 townhomes with an R3 zone change, or 69 units with an R4 zone change. The property is located in Versailles, KY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Versailles
    County
    Jessamine
    State
    Kentucky
    Longitude
    -84.739225
    Latitude
    38.05715

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    FAQs

    What type of property is this?
    Commercial land - Large lot with road frontage, suitable for various development projects.
    Where is this commercial land located?
    The property is located at 305 Kentucky Ave, Unit 305 Versailles, KY.
    What is the asking price?
    The asking price for this property is $922,000.
    What are key features of this property?
    This property features: - Huge lot size suitable for development.; - Zoned I1 (light industrial) allowing for diverse uses.; - Potential for 35 townhomes with R3 zone change.
    (859) 338-8712
    Request Owner's contact information
    305 Kentucky Ave, Unit 305 Versailles, KY 40383
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    Versailles, KY 40383
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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
    305 Kentucky Ave, Unit 305 Versailles, KY 40383
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