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    John C Watts Dr Nicholasville, KY 40356

    Sponsored
    For Sale
    $990,000

    9 Acres, Industrial Zoning, $990,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9-acre parcel of industrially zoned land presents a rare development opportunity in Nicholasville, Kentucky. Located on John C Watts Dr, in Jessamine County, zip code 40356 (37.857932, -84.570702), this property offers significant potential for various industrial uses. Priced at $110,000 per acre, totaling $990,000, the land is strategically situated within a designated industrial area, ensuring seamless integration into the existing infrastructure. While currently undeveloped, recent improvements include gravel for yard storage, showcasing its readiness for immediate development. Previous plans for a 25,000 square foot distilling facility highlight the site's suitability for substantial construction projects. This prime location in central Kentucky offers a compelling investment opportunity in a market experiencing increasing scarcity of available industrial land. The property's size and zoning make it ideal for a variety of industrial ventures. Serious inquiries are encouraged to explore this exceptional opportunity.

    Property Features for 0 John C Watts Dr

    General Information

    Property type
    Land
    Lot Size
    392,040 SF

    HighLights

    • 9+/- acres of industrially zoned land for sale in Nicholasville, KY.
    • Asking price: $990,000.
    • $110,000 per acre land value.
    • Located on John C Watts Dr, Jessamine County, KY, 40356.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Nicholasville
    County
    Jessamine
    State
    Kentucky
    Longitude
    -84.570702
    Latitude
    37.857932

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    FAQs

    What type of property is this?
    Land - 9 Acres, Industrial Zoning, $990,000
    Where is this land located?
    The property is located at John C Watts Dr Nicholasville, KY.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: 9+/- acres of industrially zoned land for sale in Nicholasville, KY.; Asking price: $990,000.; $110,000 per acre land value.
    Request Owner's contact information
    John C Watts Dr Nicholasville, KY 40356
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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
    John C Watts Dr Nicholasville, KY 40356
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