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    Phillip Stone Way Central City, KY 42330

    For Sale
    Contact for pricing

    Prime Commercial/Residential Land Investment

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 20-acre property, located on Phillip Stone Way in Central City, Kentucky, presents a unique investment opportunity. Zoned for both commercial and residential development, this expansive parcel offers unparalleled flexibility for a variety of projects. Imagine establishing a thriving commercial enterprise, creating a residential community, or developing a mixed-use project that seamlessly blends both. The property's strategic location in Central City, zip code 42330, ensures convenient access to essential amenities and transportation networks, making it an attractive proposition for businesses and residents alike. Situated in Muhlenberg County, this land boasts easy access to key infrastructure, enhancing its appeal to developers seeking a location with strong potential for growth and return on investment. The sheer size of the property allows for ambitious plans, catering to large-scale developments or smaller, more focused projects. This is a rare opportunity to acquire a significant land holding in a dynamic Kentucky market, offering substantial potential for long-term growth and profitability. Don't miss this chance to shape the future of this remarkable property and unlock its myriad possibilities. The latitude and longitude coordinates are 37.32123180689469 and -87.13728646080531 respectively.

    Property Features for 0 Phillip Stone Way

    General Information

    Property type
    Land
    Lot Size
    871,200 SF

    HighLights

    • Versatile commercial/residential zoning in Central City, KY (zip code 42330).
    • Strategic location in Central City with convenient access to amenities and transportation.
    • Suitable for commercial, residential, or mixed‑use development.
    • Easy access to key infrastructure in Muhlenberg County.
    • 20‑acre expansive parcel offering significant development potential.
    • Prime investment opportunity with strong potential for long‑term growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Central City
    County
    Muhlenberg
    State
    Kentucky
    Longitude
    -87.137286460805
    Latitude
    37.321231806895

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land Investment
    Where is this land located?
    The property is located at Phillip Stone Way Central City, KY.
    What are key features of this property?
    This property features: Versatile commercial/residential zoning in Central City, KY (zip code 42330).; Strategic location in Central City with convenient access to amenities and transportation.; Suitable for commercial, residential, or mixed-use development.
    Request Owner's contact information
    Phillip Stone Way Central City, KY 42330
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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
    Phillip Stone Way Central City, KY 42330
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