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    2401 Water Tower Dr Hebron, KY 41048

    Sponsored
    For Sale
    Contact for pricing

    Exceptional commercial land, two parcels available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional opportunity presents two adjacent commercial land parcels for sale in the thriving city of Hebron, Kentucky, located in Boone County. The properties, situated at 2401 and 2415 Water Tower Drive, zip code 41048, offer a combined potential of 0.99 to 5.05 acres of developable land. Each parcel presents a unique opportunity for commercial development, with the flexibility to acquire either individually or as a combined larger tract. The land is priced at $550,000 per acre, reflecting its prime location and high development potential within a rapidly growing area. The properties are conveniently located in Hebron, offering easy access to major transportation routes and amenities. This presents a rare chance to secure valuable commercial real estate in a desirable Kentucky location. Detailed site plans and surveys are available upon request. Serious inquiries only. Don't miss this chance to acquire prime commercial land in a booming market. Contact us today to learn more about this exciting investment opportunity.

    Property Features for 2401 Water Tower Dr

    General Information

    Property type
    Land
    Lot Size
    43,124 SF

    HighLights

    • Two adjacent commercial land parcels totaling 0.99 to 5.05 acres available for sale in Hebron, KY.
    • Located at 2401 and 2415 Water Tower Drive, Hebron, KY 41048.
    • Priced at $550,000 per acre.
    • Individual or combined purchase options available.
    • Excellent access to major transportation routes and amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hebron
    County
    Boone
    State
    Kentucky
    Longitude
    -84.732999
    Latitude
    39.086478

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    FAQs

    What type of property is this?
    Land - Exceptional commercial land, two parcels available.
    Where is this land located?
    The property is located at 2401 Water Tower Dr Hebron, KY.
    What are key features of this property?
    This property features: Two adjacent commercial land parcels totaling 0.99 to 5.05 acres available for sale in Hebron, KY.; Located at 2401 and 2415 Water Tower Drive, Hebron, KY 41048.; Priced at $550,000 per acre.
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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
    2401 Water Tower Dr Hebron, KY 41048
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