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Property profile & analytics
OFF-MARKET
Commercial real estate

38 Hwy Evarts, KY 40828

0.62 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.62-acre commercial lot is strategically located on Highway 38 in the thriving town of Evarts, Kentucky. Its prime position ensures excellent visibility and accessibility, making it an ideal site for a diverse range of commercial enterprises. The property benefits from high traffic flow, guaranteeing significant exposure to potential customers. Easy access from the highway is a key advantage, simplifying operations and enhancing convenience for both businesses and their clientele. Situated in the heart of Evarts, this lot offers a unique opportunity to establish a presence in a growing area with considerable potential for future development and expansion. The 0.62-acre size provides ample space for various commercial projects, allowing for flexibility in design and functionality. This property represents a rare chance to acquire a highly visible and accessible commercial lot in a desirable location, promising significant returns on investment. The asking price of $40,000 makes this an attractive proposition for entrepreneurs and investors seeking a foothold in the dynamic Evarts market. Don't miss this chance to secure a prime commercial location with exceptional visibility and accessibility.

Property profile
Verified
Property type Commercial real estate
Lot 0.62 ac (27,007 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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