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Versatile Land Parcel for Development
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Route 538, Catlettsburg, KY 41129

Large acreage suitable for industrial, commercial, or residential development.

Property SizeContact for details
Days on Market951

Property Features for Route 538

General Information

Standard status Active
Property subtype Land
Listing Agency: eXp Commercial LLC
Listed By: Stephanie Gilezan · License #KY 199560
Source: Crexi
Added: Jan 3, 2024 Changed: Aug 8 Last Checked: Aug 8 at 11:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial LLC

Investment Insights

Based on property information with market context.

This expansive acreage is suitable for a multitude of development visions. The property offers the flexibility of rezoning to accommodate specific projects, including industrial, manufacturing, hospitality, residential, retail, multi-family, or office space. Local authorities are cooperative and ready to support the transformation of this land to suit the buyer's aspirations. The property has easy freeway access and sits near the anticipated quarter horse track and expected industrial site, ensuring economic activity and growth potential. Its proximity to the Marathon Oil Refinery amplifies its strategic importance, making it ideal for businesses seeking to leverage the industrial and commercial prospects of the area. The possibilities include subdividing and adapting the land to a custom residential area, an expansive retail destination, or an innovative office complex. This property offers a canvas for development, with location, versatility, and potential.

Key Highlights

  • Rezoning Flexibility: Adaptable to industrial, manufacturing, hospitality, residential, retail, multi‑family, or office space.
  • Strategic Location: Easy freeway access and proximity to the upcoming quarter horse track and expected industrial site.
  • Economic Growth Potential: Anticipated surge in economic activity due to nearby developments.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 41129, KY

9,331
Population
4,084
Households
2.3
Avg Household Size
45
Median Age
18%
College-Educated
88%
High-School Grad
87.6 sq mi
ZIP Area
107
Density / Sq Mi
$60,438
Median Household Income
$37,660
Median Earnings
$685
Median Rent
$152,700
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Large acreage suitable for industrial, commercial, or residential development.
Where is this commercial land located?
The property is located at Route 538 Catlettsburg, KY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Rezoning Flexibility: Adaptable to industrial, manufacturing, hospitality, residential, retail, multi‑family, or office space.; Strategic Location: Easy freeway access and proximity to the upcoming quarter horse track and expected industrial site.; Economic Growth Potential: Anticipated surge in economic activity due to nearby developments.
(502) 817-6484 Call to check price and availability
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