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    Lake Bonita Rd Catlettsburg, KY 41129

    Sponsored
    For Sale
    $1,100,000

    Prime Development Land: Flexible Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 33.44-acre property in Catlettsburg, Kentucky (Boyd County, zip code 41129) presents a unique investment opportunity. Located on Lake Bonita Rd, this land boasts flexible zoning, allowing for diverse development options including residential, commercial, and industrial uses. The property's strategic location offers easy freeway access and proximity to a planned quarter horse track and industrial site, promising significant future growth and economic activity. Its adjacency to the Marathon Oil Refinery further enhances its appeal to businesses seeking industrial and commercial advantages. The seller is open to subdividing the parcel to accommodate individual project needs. Local authorities are supportive of development proposals, making this a highly attractive site for those seeking to capitalize on the area's burgeoning potential. This versatile land offers a blank canvas for a wide range of development projects, from residential communities and retail centers to office complexes and industrial facilities. The asking price is $1,100,000. Don't miss this chance to acquire a substantial piece of prime Kentucky real estate.

    Property Features for 0 Lake Bonita Rd

    General Information

    Property type
    Land
    Lot Size
    1,456,646 SF

    HighLights

    • $1,100,000 asking price.
    • 33.44‑acre land parcel in Catlettsburg, KY.
    • Flexible zoning allows for residential, commercial, and industrial development.
    • Convenient freeway access and proximity to a planned quarter horse track and industrial site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Catlettsburg
    County
    Boyd
    State
    Kentucky
    Longitude
    -82.614848
    Latitude
    38.382052

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    FAQs

    What type of property is this?
    Land - Prime Development Land: Flexible Zoning
    Where is this land located?
    The property is located at Lake Bonita Rd Catlettsburg, KY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: $1,100,000 asking price.; 33.44-acre land parcel in Catlettsburg, KY.; Flexible zoning allows for residential, commercial, and industrial development.
    Request Owner's contact information
    Lake Bonita Rd Catlettsburg, KY 41129
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    Catlettsburg, KY 41129
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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
    Lake Bonita Rd Catlettsburg, KY 41129
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