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    144 Colonial Dr Danville, KY 40422

    Sponsored
    For Sale
    $55,000

    Build Your Dream Business in Kentucky

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.48-acre commercial lot, located at 144 E Colonial Dr in Danville, Kentucky (zip code 40422), presents a unique opportunity for development. Priced at $55,000, this cleared lot offers 20,909 square feet of buildable space, ideal for a variety of commercial ventures. Its convenient location offers easy access to Danville Country Club via a cart path, enhancing its appeal and accessibility. The property is situated in the desirable Williamsburg Village, a community known for its custom homes, suggesting a strong potential for attracting clientele. Buyers have the freedom to select their preferred builder, allowing for complete customization of the future structure. Detailed plat maps and restrictive covenants are readily available upon request, providing transparency and clarity throughout the acquisition process. This property is perfect for entrepreneurs seeking a prime location to establish their business in a thriving Kentucky community. The lot's size and location make it an attractive investment for those seeking a high-return opportunity in a desirable area. Don't miss this chance to secure this exceptional commercial land parcel.

    Property Features for 144 Colonial Dr

    General Information

    Property type
    Land
    Lot Size
    20,909 SF

    HighLights

    • Level, cleared lot.
    • 0.48‑acre lot.
    • 20,909 square foot lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Danville
    County
    Boyle
    State
    Kentucky
    Longitude
    -84.7427944
    Latitude
    37.6498399

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    FAQs

    What type of property is this?
    Land - Build Your Dream Business in Kentucky
    Where is this land located?
    The property is located at 144 Colonial Dr Danville, KY.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: Level, cleared lot.; 0.48-acre lot.; 20,909 square foot lot.
    (859) 236-8830
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    144 Colonial Dr Danville, KY 40422
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    Danville, KY 40422
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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
    144 Colonial Dr Danville, KY 40422
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