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    1732-1 Old Gallatin Rd Scottsville, KY 42164

    For Sale
    $159,900

    0.6-acre commercial lot, high-traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.6-acre commercial lot, located at 1732-1 Old Gallatin Road in Scottsville, Kentucky, presents a compelling investment opportunity. Currently zoned commercial, this property boasts a prime location in a high-traffic area, ideal for a variety of small business ventures. The lot offers significant development potential, and its proximity to other commercial properties enhances its appeal. While currently zoned commercial, the possibility of residential rezoning through appropriate channels exists. A key advantage is the existing easement at the rear of the property, providing convenient access to Tulip Street. This easement adds flexibility and potential for future expansion or development. The property's strategic location and zoning make it an attractive option for entrepreneurs seeking a visible and accessible location for their business. This lot is also situated adjacent to 1732 Old Gallatin Road, another commercially zoned property with similar rezoning potential, presenting an opportunity for acquisition of both properties. The property's 42164 zip code further underscores its convenient location within the Scottsville community. This 0.6-acre parcel in Allen County offers a rare combination of location, zoning, and accessibility, making it an exceptional investment opportunity.

    Property Features for 1732-1 Old Gallatin Rd

    General Information

    Property type
    Land
    Lot Size
    26,136 SF

    HighLights

    • Commercial zoning.
    • Ideal for small businesses.
    • High‑traffic location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsville
    County
    Allen
    State
    Kentucky
    Longitude
    -86.2109459
    Latitude
    36.7373363

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    FAQs

    What type of property is this?
    Land - 0.6-acre commercial lot, high-traffic area.
    Where is this land located?
    The property is located at 1732-1 Old Gallatin Rd Scottsville, KY.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: Commercial zoning.; Ideal for small businesses.; High-traffic location.
    (270) 781-3377
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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
    1732-1 Old Gallatin Rd Scottsville, KY 42164
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