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    000 Millstone Way Hanson, KY 42413

    For Sale
    $1,950,000

    14.94 Acres, High-Visibility Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 14.94-acre commercial land parcel presents a remarkable investment opportunity in Hanson, Kentucky. Strategically located directly across Millstone Way from a Walmart Supercenter and boasting over 1,000 feet of frontage on Millstone Way, this property offers unparalleled visibility from Interstate 69, ensuring high traffic exposure for any development. The entire tract is zoned commercial, providing flexibility for a wide range of projects. All utilities, including high-speed internet, are readily available, simplifying the development process. The property's prime location and accessibility make it ideal for various commercial ventures. Smaller lot divisions can be negotiated, and lease or build-to-suit options may be available, offering considerable adaptability to suit individual business needs. This is a rare chance to acquire a significant commercial land holding in a high-growth area with excellent visibility and convenient access to major transportation routes. The asking price for this exceptional property is $1,950,000. Detailed demographic information is available upon request. The property is located at 000 Millstone Way, Hanson, KY 42413, in Hopkins County.

    Property Features for 000 Millstone Way

    General Information

    Property type
    Land
    Lot Size
    650,786 SF

    HighLights

    • Heating system: Other.
    • Architectural style: Other.
    • Roof type: To be determined.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hanson
    County
    Hopkins
    State
    Kentucky
    Longitude
    -87.4009165
    Latitude
    37.4610035

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    FAQs

    What type of property is this?
    Land - 14.94 Acres, High-Visibility Commercial Lot
    Where is this land located?
    The property is located at 000 Millstone Way Hanson, KY.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Heating system: Other.; Architectural style: Other.; Roof type: To be determined.
    (270) 836-1119
    Request Owner's contact information
    000 Millstone Way Hanson, KY 42413
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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
    000 Millstone Way Hanson, KY 42413
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