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    2355 Water Tower Dr Hebron, KY 41048

    Sponsored
    For Sale
    Contact for pricing

    2.37 acres, $550,000/acre, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.372-acre commercial land parcel presents a unique investment opportunity in the thriving Hebron, Kentucky market. Located at 2355 Water Tower Drive, Boone County, KY 41048, this property offers significant potential for various commercial developments. The land is priced competitively at $550,000 per acre, reflecting its prime location and development readiness. Its convenient access to major roadways ensures excellent visibility and accessibility for businesses. The property's size allows for flexibility in design and construction, accommodating a wide range of commercial projects. Detailed site surveys and environmental assessments are available upon request. This is an ideal opportunity for developers seeking a strategically located parcel in a rapidly growing area of Northern Kentucky. The property's address is clearly identified as 2355 Water Tower Drive, providing easy navigation and identification for potential buyers and investors. The geographic coordinates are 39.0866422 latitude and -84.7314648 longitude. This property is offered for sale and represents a compelling investment opportunity in a high-demand commercial area. Serious inquiries are encouraged to explore the possibilities this exceptional land parcel offers.

    Property Features for 2355 Water Tower Dr

    General Information

    Property type
    Land
    Lot Size
    103,324 SF

    HighLights

    • 2.37‑acre commercial land parcel in Hebron, KY.
    • Located at 2355 Water Tower Drive, Boone County, KY 41048.
    • Priced at $550,000 per acre.
    • Excellent access to major roadways.
    • Suitable for various commercial developments.
    • Site surveys and environmental assessments available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hebron
    County
    Boone
    State
    Kentucky
    Longitude
    -84.7314648
    Latitude
    39.0866422

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    FAQs

    What type of property is this?
    Land - 2.37 acres, $550,000/acre, excellent location.
    Where is this land located?
    The property is located at 2355 Water Tower Dr Hebron, KY.
    What are key features of this property?
    This property features: 2.37-acre commercial land parcel in Hebron, KY.; Located at 2355 Water Tower Drive, Boone County, KY 41048.; Priced at $550,000 per acre.
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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
    2355 Water Tower Dr Hebron, KY 41048
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