38 Hwy Evarts, KY 40828
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.