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    6 Rolling Hills Blvd Monticello, KY 42633

    For Sale
    $400,000

    6+ Acres, High Traffic, Prime Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 6+ acre commercial property, situated on the highly visible Highway 90 corridor in Monticello, Kentucky, presents a remarkable investment opportunity. Boasting excellent visibility and high traffic flow, this level parcel is ideally suited for a diverse range of commercial developments. Its prime location within a sought-after area ensures strong potential for long-term value appreciation. The property's zoning allows for flexible development options, making it suitable for retail, hospitality, office space, or a mixed-use project. The ease of accessibility and high traffic count make this an attractive proposition for businesses seeking maximum exposure. The surrounding area is experiencing consistent growth, further enhancing the property's investment potential. This is a rare chance to acquire a significant commercial land holding in a thriving location with considerable development possibilities. The property's level topography simplifies construction planning and minimizes site preparation costs. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The asking price is $400,000.

    Property Features for 6 Rolling Hills Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    261,360 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Wayne
    State
    Kentucky
    Longitude
    -84.84225
    Latitude
    36.85652

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    FAQs

    What type of property is this?
    Commercial real estate - 6+ Acres, High Traffic, Prime Location
    Where is this commercial real estate located?
    The property is located at 6 Rolling Hills Blvd Monticello, KY.
    What is the asking price?
    The asking price for this property is $400,000.
    (606) 753-9253
    Request Owner's contact information
    6 Rolling Hills Blvd Monticello, KY 42633
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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
    6 Rolling Hills Blvd Monticello, KY 42633
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