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    Strange Rd Hodgenville, KY 42748

    Sponsored
    For Sale
    $495,000

    Prime KY location, B3 zoning, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.09-acre commercial lot in Hodgenville, Kentucky, presents a remarkable investment opportunity. Located on Strange Road and Lincoln Parkway, this property boasts a highly desirable B3 zoning designation, opening doors to a wide array of commercial ventures. Permitted uses include, but are not limited to, fuel sales, retail establishments, liquor stores, strip malls, and self-storage facilities. The lot's strategic corner location ensures exceptional visibility and accessibility, attracting significant foot and vehicle traffic. Essential infrastructure is readily available, simplifying the development process. This property is ideally suited for entrepreneurs and investors seeking to capitalize on the area's growth and high demand for commercial space. The location offers excellent proximity to key transportation routes and benefits from its position less than 20 minutes from the Blue Oval Factory. While this 3.09-acre parcel is a compelling opportunity in itself, note that an additional 11 acres of adjacent land are also available for purchase separately, providing potential for significant expansion. The property's APN is 030-00-00-028.00. This is a rare chance to acquire a prime commercial lot in a thriving Kentucky market. The asking price is $495,000.

    Property Features for 0 Strange Rd

    General Information

    Property type
    Land
    Lot Size
    134,600 SF

    HighLights

    • 3.09‑acre corner lot in Hodgenville, KY, on Strange Road and Lincoln Parkway.
    • High‑traffic location with excellent visibility and accessibility.
    • B3 zoning allows for various commercial uses including retail, fuel sales, and self‑storage.
    • Less than 20 minutes from the Blue Oval Factory.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hodgenville
    County
    Larue
    State
    Kentucky
    Longitude
    -85.739214439003
    Latitude
    37.553302310328

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    FAQs

    What type of property is this?
    Land - Prime KY location, B3 zoning, high traffic.
    Where is this land located?
    The property is located at Strange Rd Hodgenville, KY.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 3.09-acre corner lot in Hodgenville, KY, on Strange Road and Lincoln Parkway.; High-traffic location with excellent visibility and accessibility.; B3 zoning allows for various commercial uses including retail, fuel sales, and self-storage.
    Request Owner's contact information
    Strange Rd Hodgenville, KY 42748
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    Hodgenville, KY 42748
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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
    Strange Rd Hodgenville, KY 42748
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