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Property profile & analytics
OFF-MARKET
Commercial real estate

000 Foster Ln Stanford, KY 40484

48.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 48.2-acre property in Stanford, Kentucky presents a unique opportunity for a developer. The land is envisioned as a gated 55+ community, with detailed plans available for review. The property includes designated commercial lots (Lots 1, 75, 77, and 78), multifamily and duplex lots (Lots 2-16 and 58-74), and numerous residential lots. Two key parcels are particularly noteworthy: Parcel A encompasses 5.453 acres suitable for commercial storage or multifamily housing, while Parcel B offers 1.943 acres for similar development. Significant infrastructure is already in place, including gas, electric, and sewer lines, as detailed in the provided plat. This comprehensive plan streamlines the development process, minimizing upfront costs and accelerating project timelines. The property's strategic location in Stanford, KY, offers access to key amenities and transportation routes. Note that Lot 79 is excluded from this sale. This is a turnkey opportunity to realize the vision of a thriving, gated 55+ community. The asking price is $839,000. Detailed plat maps are available upon request, providing comprehensive information on lot sizes, zoning, and utility access. This is an exceptional investment opportunity for developers seeking a high-potential project with significant infrastructure already in place.

Property profile
Verified
Property type Commercial real estate
Lot 48.2 ac (2,099,592 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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