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    53rd St & Winchester Ave Ashland, KY 41101

    For Sale
    $3,900,000

    26 AC industrial land with Heavy Industry Classification.

    Property size:
    26 SF
    Lot size:
    26.00 Acres

    Property Features for 53rd St & Winchester Ave

    General Information

    Size
    26 SF
    Lot size
    26.00 Acres

    Source: Bruce Isaac, SIOR, CCIM Agent Bruce Isaac, SIOR, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    26 AC Industrial Development Land

    This +/-26 AC industrial development land is located in Ashland and Catlettsburg, Kentucky. The property has a Heavy Industry Classification within the city limits. Situated on Winchester Avenue from 53rd Street in Ashland continuing on Center Street to 11th Avenue in Catlettsburg, the site offers a location within eastern Kentucky's largest urban area, a center for health care, commerce, banking, and recreational activities. The property features Ohio River frontage with three river cells for tying barges alongside the shore. Access to all city utilities is available, and the site is within 5 miles of an electrical substation. A portion of the 26 AC site previously operated as a coal dock for 15 years. A rail spur/turnout is possible. The site has +/-15,817 VPD in front of it. Previously obtained site permits include a KY Dept. of Natural Resources (DNR) surface permit, a KY Division of Water (KYGE) permit, and a US Corps of Engineers waterways and tie-up permit.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Ashland
    County
    Boyd
    State
    Kentucky
    Longitude
    -82.6532
    Latitude
    38.4744

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    FAQs

    What type of property is this?
    Industrial land - 26 AC industrial land with Heavy Industry Classification.
    Where is this industrial land located?
    The property is located at 53rd St & Winchester Ave Ashland, KY.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - Heavy Industry Classification within city limits: Rare opportunity for industrial development.; - Significant Price Reduction: Reduced from $7,000,000 to $3,900,000.; - Ohio River frontage with three river cells: Ideal for barge operations.
    (859) 221-4438
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    53rd St & Winchester Ave Ashland, KY 41101
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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

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    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
    53rd St & Winchester Ave Ashland, KY 41101
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