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    2870 Weldon Loop Rd Upton, KY 42784

    Sponsored
    For Sale
    $1,800,000

    10+ Acres, Industrial Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10.152-acre parcel presents a remarkable industrial development opportunity in Upton, Kentucky. Strategically located within the burgeoning LaRue County Industrial Park, this property boasts unparalleled access to Interstate 65, placing it in close proximity to the significant BlueOval SK battery plant in Glendale, KY. The site is zoned for industrial use and is divisible, offering flexibility for various project sizes. This prime location benefits from planned infrastructure improvements and upgraded utilities within the industrial park, ensuring a seamless development process. The property's appeal is further enhanced by the projected population growth of approximately 22,000 people within the next three years, fueled by the expanding EV sector and related manufacturing and logistics needs in the region. This presents a unique chance to capitalize on the unprecedented growth anticipated over the next five years, driven by the industrial expansion in the surrounding area. The property's APN is 004-00-00-088.00 and is privately owned. The asking price for this exceptional opportunity is $1,800,000. Contact us to discuss this exciting investment prospect.

    Property Features for 2870 Weldon Loop Rd

    General Information

    Property type
    Land
    Lot Size
    442,221 SF

    HighLights

    • Excellent I‑65 access, close proximity to Glendale BlueOval SK Battery Plant.
    • LaRue County Industrial Park location with improved utilities and upcoming infrastructure enhancements.
    • Significant projected growth within the next five years.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Barber Shop Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Upton
    County
    Larue
    State
    Kentucky
    Longitude
    -85.8802264
    Latitude
    37.458126

    Nearby Comparable

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      Upton, KY Industrial Land

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      Upton, KY Warehouse Investment

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    Nearby Similar for Sale

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      Prime KY Commercial Investment

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      Upton, KY Warehouse Investment

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    FAQs

    What type of property is this?
    Land - 10+ Acres, Industrial Zoning, Prime Location
    Where is this land located?
    The property is located at 2870 Weldon Loop Rd Upton, KY.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Excellent I-65 access, close proximity to Glendale BlueOval SK Battery Plant.; LaRue County Industrial Park location with improved utilities and upcoming infrastructure enhancements.; Significant projected growth within the next five years.
    Request Owner's contact information
    2870 Weldon Loop Rd Upton, KY 42784
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    Upton, KY 42784
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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
    2870 Weldon Loop Rd Upton, KY 42784
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