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    8 Rolling Hills Blvd Monticello, KY 42633

    For Sale
    $800,000

    8 Acres, Highway 90 Frontage, High Traffic

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 8-acre commercial property, situated on the highly visible and heavily trafficked Highway 90 corridor in Monticello, Kentucky, presents a remarkable investment opportunity. Boasting excellent visibility and accessibility, this level parcel is ideally suited for a diverse range of commercial developments. Its location within a rapidly growing area ensures strong potential for long-term value appreciation. The property's zoning allows for flexible development plans, accommodating retail, hospitality, office, or mixed-use projects. The high traffic counts and direct highway frontage guarantee significant exposure for any business established here. This prime location offers unparalleled potential for entrepreneurs and investors seeking a strategic foothold in a thriving market. The expansive acreage provides ample space for substantial development, allowing for creative and expansive project designs. The property's level topography simplifies construction and minimizes site preparation costs. This is a rare opportunity to acquire a significant commercial parcel in a desirable location with exceptional growth prospects. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $800,000.

    Property Features for 8 Rolling Hills Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    348,480 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Wayne
    State
    Kentucky
    Longitude
    -84.84229
    Latitude
    36.85652

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    FAQs

    What type of property is this?
    Commercial real estate - 8 Acres, Highway 90 Frontage, High Traffic
    Where is this commercial real estate located?
    The property is located at 8 Rolling Hills Blvd Monticello, KY.
    What is the asking price?
    The asking price for this property is $800,000.
    (606) 753-9253
    Request Owner's contact information
    8 Rolling Hills Blvd Monticello, KY 42633
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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
    8 Rolling Hills Blvd Monticello, KY 42633
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