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    121-146 Stone Trace Dr Mount Sterling, KY 40353

    Sponsored
    For Sale
    Contact for pricing

    Seven prime KY development lots

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Seven commercial development lots totaling approximately 0.9 to 11.96 acres are available for sale in Mount Sterling, Kentucky. Located at 121-146 Stone Trace Dr, 40353, this exceptional opportunity boasts a prime location just off Maysville Road and I-64 at Exit 110, providing unparalleled visibility and accessibility. The property is zoned B-2, offering flexibility for a variety of commercial uses. Surrounding businesses include well-known national chains such as Cattleman's Roadhouse, Ramada, Comfort Inn & Suites, Krystal, Lee's Famous Recipe, McDonald's, Long John Silvers, KFC, and Wendy's, indicating a strong retail presence and high consumer traffic. Furthermore, the site benefits from its proximity to CHI Saint Joseph Hospital Mount Sterling, a 42-bed community hospital. The land is priced competitively at $315,000 to $410,000 per acre. Individual lots are also available for ground lease. This presents a unique investment opportunity for developers seeking high-traffic locations in a thriving Kentucky community. The property's strategic location and surrounding amenities make it an ideal site for a variety of commercial ventures.

    Property Features for 121-146 Stone Trace Dr

    General Information

    Property type
    Land
    Lot Size
    39,204 SF

    HighLights

    • 0.9 to 11.96 acres available for sale.
    • Seven commercial lots available for development.
    • Prime location near Maysville Road and I‑64 (Exit 110).
    • Strong retail presence nearby, including national chains.
    • Convenient proximity to CHI Saint Joseph Hospital Mount Sterling.
    • B‑2 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Sterling
    County
    Montgomery
    State
    Kentucky
    Longitude
    -83.9524164
    Latitude
    38.0789319

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    FAQs

    What type of property is this?
    Land - Seven prime KY development lots
    Where is this land located?
    The property is located at 121-146 Stone Trace Dr Mount Sterling, KY.
    What are key features of this property?
    This property features: 0.9 to 11.96 acres available for sale.; Seven commercial lots available for development.; Prime location near Maysville Road and I-64 (Exit 110).
    Request Owner's contact information
    121-146 Stone Trace Dr Mount Sterling, KY 40353
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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
    121-146 Stone Trace Dr Mount Sterling, KY 40353
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