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    1732-2 Old Scottsville Rd Alvaton, KY 42103

    Sponsored
    For Sale
    $199,900

    1-Acre Commercial Lot, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1-acre commercial lot, located at 1732-2 Old Scottsville Road in Alvaton, Kentucky (zip code 42103), presents a remarkable opportunity for small business owners or investors. Priced at $199,900, this property boasts a prime location in a high-traffic area, directly across from established restaurants and retail businesses. The lot is conveniently situated near the intersection of Old Scottsville Road and Old Gallatin Road, ensuring excellent visibility and accessibility. Currently zoned commercial, this land offers immediate potential for various business ventures. Utilities, including sewer, water, and electricity, are readily available at the street. While currently zoned commercial, the possibility of rezoning to residential exists, providing additional flexibility for future development. This property's strategic location and existing infrastructure make it an ideal investment, particularly for those seeking a smaller footprint for their business or considering purchasing in conjunction with the adjacent property at 1732 Old Gallatin Road, which also has commercial zoning potential. The high volume of traffic ensures significant exposure for any business established on this lot. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving area.

    Property Features for 1732-2 Old Scottsville Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Zoned Commercial.
    • Ideal small business location in high‑traffic area.
    • Sewer, water, and electric available at the street.
    • High visibility near Old Scottsville Rd and Old Gallatin Rd intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Wholesale Shop Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Alvaton
    County
    Warren
    State
    Kentucky
    Longitude
    -86.3870649
    Latitude
    36.936203

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    FAQs

    What type of property is this?
    Land - 1-Acre Commercial Lot, High Traffic Area
    Where is this land located?
    The property is located at 1732-2 Old Scottsville Rd Alvaton, KY.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: Zoned Commercial.; Ideal small business location in high-traffic area.; Sewer, water, and electric available at the street.
    (270) 781-3377
    Request Owner's contact information
    1732-2 Old Scottsville Rd Alvaton, KY 42103
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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
    1732-2 Old Scottsville Rd Alvaton, KY 42103
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