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    Lot On Cumberland St Albany, KY 42602

    For Sale
    $30,000

    0.65-Acre Commercial Land in Albany, KY

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.65-acre commercial lot presents a remarkable investment opportunity in Albany, Kentucky. Located within Clinton County city limits, this prime parcel offers unparalleled potential for a diverse range of commercial ventures. Its central location ensures high visibility and accessibility, guaranteeing significant foot traffic and exposure. The property's size allows for the development of various business concepts, from retail spaces to professional offices. Albany, known for its welcoming community and stunning natural beauty, provides a thriving environment for businesses. The town's annual Foothills Festival further enhances the area's appeal and attracts a steady stream of visitors. This lot is ideally situated to capitalize on the bustling downtown area and its consistent flow of both local residents and tourists. The asking price is $30,000. This is a rare chance to establish a successful business in a desirable Kentucky location. Don't miss this opportunity to secure a piece of Albany's vibrant commercial landscape.

    Property Features for 0 Lot On Cumberland St

    General Information

    Property type
    Land
    Lot Size
    28,314 SF

    HighLights

    • 0.65‑acre commercial lot for sale.
    • Located in Albany, KY.
    • Situated within Clinton County city limits.
    • Asking price: $30,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albany
    County
    Clinton
    State
    Kentucky
    Longitude
    -85.1313629
    Latitude
    36.6908809

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    FAQs

    What type of property is this?
    Land - 0.65-Acre Commercial Land in Albany, KY
    Where is this land located?
    The property is located at Lot On Cumberland St Albany, KY.
    What is the asking price?
    The asking price for this property is $30,000.
    What are key features of this property?
    This property features: 0.65-acre commercial lot for sale.; Located in Albany, KY.; Situated within Clinton County city limits.
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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
    Lot On Cumberland St Albany, KY 42602
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