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    349 Riverbend Rd Rd London, KY 40744

    For Sale
    $195,000

    Versatile 10-room building, 1.35 acres.

    Property size:
    3,572 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 3,572 square foot property located at 349 Riverbend Road in London, Kentucky, presents a unique investment opportunity. Situated on a spacious 1.35-acre lot, this adaptable building offers immense potential for a variety of commercial ventures. Its history includes use as a church and a Haven House, showcasing its inherent suitability for community-focused businesses or those requiring multiple rooms. The interior comprises ten generously sized rooms, providing ample space for diverse operational needs. Three full bathrooms and two half bathrooms ensure convenience for staff and clients alike. A fully equipped kitchen and a dedicated laundry room add to the property's practicality and functionality. The building's substantial size and versatile layout make it ideal for a range of businesses, from offices and educational facilities to healthcare providers or community centers. The expansive lot offers ample parking and potential for future expansion or outdoor amenities. This property represents a rare chance to acquire a well-maintained building in a desirable location, ready for immediate occupancy and customization to suit your specific business requirements. The asking price of $195,000 reflects the significant value and potential this property offers. Serious inquiries are encouraged.

    Property Features for 349 Riverbend Rd Rd

    General Information

    Property type
    Investment properties
    Square Feet
    3,572 SF
    Lot Size
    58,806 SF

    Building Details

    Year Built
    1993
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    London
    County
    Laurel
    State
    Kentucky
    Longitude
    -84.08504
    Latitude
    37.05815

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    FAQs

    What type of property is this?
    Investment property - Versatile 10-room building, 1.35 acres.
    Where is this investment property located?
    The property is located at 349 Riverbend Rd Rd London, KY.
    What is the asking price?
    The asking price for this property is $195,000.
    (606) 878-0021
    Request Owner's contact information
    349 Riverbend Rd Rd London, KY 40744
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    London, KY 40744
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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
    349 Riverbend Rd Rd London, KY 40744
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