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    804 3Rd St Bardstown, KY 40004

    Sponsored
    For Sale
    $175,000

    Prime .25-acre lot, B-3 zoning, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.25-acre commercial lot, located at 804 N 3rd St in Bardstown, Kentucky, presents a compelling investment opportunity. Zoned B-3, this vacant land offers significant potential for diverse development, including retail, medical, or office spaces. Its prime location within Bardstown's major retail corridor ensures high visibility and accessibility. Situated adjacent to a high-volume Wendy's, the property benefits from substantial daily traffic exceeding 17,000 vehicles on US-31E (3rd Street). Convenient access to the Bluegrass Parkway, a major Kentucky state highway, further enhances its strategic advantage. Bardstown, known as the "Bourbon Capital of the World," has experienced a surge in tourism, creating a robust and expanding market. The property's APN is 45NE0-01-019. The asking price is $175,000, representing a land value of $700,000 per acre. This is a rare opportunity to acquire a highly visible and strategically located commercial lot in a thriving Kentucky community. The property's Nelson County address and 40004 zip code solidify its position within this dynamic market.

    Property Features for 804 3Rd St

    General Information

    Property type
    Individual retail properties
    Lot Size
    10,890 SF

    HighLights

    • 0.25‑acre ± lot zoned B‑3 for sale in Bardstown, KY.
    • Prime location on North 3rd Street (US‑31E) in a major retail corridor.
    • Excellent investment opportunity adjacent to a high‑volume Wendy's, with over 17,000 vehicles per day.
    • High development potential for retail, medical, or office uses.
    • High visibility to over 17,000 vehicles daily on US‑31E.
    • Bardstown, KY, the "Bourbon Capital of the World," boasts a booming tourism industry.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bardstown Cemetery Cemetery

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bardstown
    County
    Nelson
    State
    Kentucky
    Longitude
    -85.4628054
    Latitude
    37.8226787

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    FAQs

    What type of property is this?
    Individual retail property - Prime .25-acre lot, B-3 zoning, high traffic.
    Where is this individual retail property located?
    The property is located at 804 3Rd St Bardstown, KY.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: 0.25-acre ± lot zoned B-3 for sale in Bardstown, KY.; Prime location on North 3rd Street (US-31E) in a major retail corridor.; Excellent investment opportunity adjacent to a high-volume Wendy's, with over 17,000 vehicles per day.
    (502) 271-5830
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    804 3Rd St Bardstown, KY 40004
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    Bardstown, KY 40004
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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
    804 3Rd St Bardstown, KY 40004
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