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    4821 State Hwy Prestonsburg, KY 41653

    Sponsored
    For Sale
    $88,000

    High-traffic location, great business opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 4821 State Hwy 404 in Prestonsburg, Kentucky, presents a compelling investment opportunity. Situated on a half-acre lot, this property offers significant potential for a variety of commercial ventures. Its prime location along State Highway 404 ensures high visibility and accessibility, benefiting from substantial daily traffic flow. The property's proximity to the Passage Trail further enhances its appeal, offering convenient access for both local residents and tourists. The asking price is $88,000, representing a competitive entry point into the Prestonsburg commercial real estate market. While the square footage is currently unavailable, the substantial lot size allows for ample development or expansion possibilities. This property is ideal for entrepreneurs seeking a visible location with strong potential for growth and success. Its strategic positioning and attractive price point make it an exceptional opportunity for those seeking a foothold in the thriving Prestonsburg business community. Serious inquiries are encouraged to explore the full potential of this promising commercial property. Further details regarding zoning and permitted uses are available upon request.

    Property Features for 4821 State Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1948
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prestonsburg
    County
    Floyd
    State
    Kentucky
    Longitude
    -82.83629
    Latitude
    37.62781

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, great business opportunity.
    Where is this commercial real estate located?
    The property is located at 4821 State Hwy Prestonsburg, KY.
    What is the asking price?
    The asking price for this property is $88,000.
    (606) 886-9100
    Request Owner's contact information
    4821 State Hwy Prestonsburg, KY 41653
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    Prestonsburg, KY 41653
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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
    4821 State Hwy Prestonsburg, KY 41653
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