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    920 Springfield Rd Bardstown, KY 40004

    Sponsored
    For Sale
    $2,122,250

    6.5 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.5-acre commercial land parcel presents a unique investment opportunity in Bardstown, Kentucky. Located at 920 Springfield Road, this B3-zoned property offers unparalleled potential for a variety of commercial ventures. The asking price is $2,122,250, translating to $325,000 per acre, reflecting the high demand for commercial real estate in this thriving area. The property's strategic location provides excellent visibility and accessibility, situated just one mile from downtown Bardstown, renowned as the "Bourbon Capital of the World" and celebrated for its charming small-town atmosphere. Its proximity to key amenities further enhances its appeal

    Property Features for 920 Springfield Rd

    General Information

    Property type
    Land
    Lot Size
    283,140 SF

    HighLights

    • High‑visibility location directly across from the County Justice Center.
    • Excellent proximity to McDonald's.
    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
    Bardstown
    County
    Nelson
    State
    Kentucky
    Longitude
    -85.451259978212
    Latitude
    37.805712973626

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    FAQs

    What type of property is this?
    Land - 6.5 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at 920 Springfield Rd Bardstown, KY.
    What is the asking price?
    The asking price for this property is $2,122,250.
    What are key features of this property?
    This property features: High-visibility location directly across from the County Justice Center.; Excellent proximity to McDonald's.;
    Request Owner's contact information
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    Bardstown, KY 40004
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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
    920 Springfield Rd Bardstown, KY 40004
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