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    214 Sparrow Ln Harrodsburg, KY 40330

    For Sale
    $680,000

    Prime Commercial Land, High Visibility, Development Ready

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 10.52-acre property presents a unique investment opportunity in Harrodsburg, Kentucky. Located on Sparrow Lane, this B-3 zoned parcel offers significant development potential with a multitude of commercial uses. Its strategic location bordering Campbellsville University provides excellent access to a large population base and offers high visibility due to 960 feet of road frontage. The property's zoning allows for a wide range of possibilities, including residential developments such as housing or a retirement community, medical facilities, shopping centers, or light industrial uses. The availability of sewer connections simplifies the development process, reducing upfront costs and expediting project timelines. Its proximity to the Harrodsburg bypass ensures easy access to major transportation routes, enhancing its appeal to potential tenants and residents. Furthermore, the property's location just six miles from Danville provides access to a larger regional market. This is a rare opportunity to acquire a substantial tract of land in a thriving area with exceptional development potential. Serious inquiries are encouraged.

    Property Features for 214 Sparrow Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    458,251 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrodsburg
    County
    Mercer
    State
    Kentucky
    Longitude
    -84.83922
    Latitude
    37.73421

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Land, High Visibility, Development Ready
    Where is this commercial real estate located?
    The property is located at 214 Sparrow Ln Harrodsburg, KY.
    What is the asking price?
    The asking price for this property is $680,000.
    (859) 265-5100
    Request Owner's contact information
    214 Sparrow Ln Harrodsburg, KY 40330
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    Harrodsburg, KY 40330
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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
    214 Sparrow Ln Harrodsburg, KY 40330
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