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    Ridge Pl Newport, KY 41071

    Sponsored
    For Sale
    Contact for pricing

    20-acre residential lot with city views. Owner will divide.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20.03-acre parcel of land presents a unique opportunity in the desirable Riddleview Heights subdivision of Newport, Kentucky. Currently zoned R-1, this property offers significant potential for residential development. The lot boasts a recently cut access road from E. Ridge Place, providing convenient access and stunning views of the Cincinnati skyline. Its prime location in Campbell County, Kentucky, offers easy access to amenities and major transportation routes. The seller is open to dividing the property, making it suitable for various development scenarios, from single-family homes to potentially larger-scale residential projects. The property's APN is 999-99-04-795.00 and is located at E Ridge Pl, Newport, KY 41071. This is a rare opportunity to acquire a substantial residential land holding in a highly sought-after area. The property's size and location make it an ideal investment for developers or those seeking a large, buildable lot with exceptional views. Don't miss this chance to secure this remarkable piece of land.

    Property Features for 0 Ridge Pl

    General Information

    Property type
    Land
    Lot Size
    872,507 SF

    HighLights

    • 20.03‑acre parcel in Newport, KY's desirable Riddleview Heights subdivision.
    • R‑1 zoning allows for residential development.
    • New access road from E. Ridge Place offers convenient access and city views.
    • Located in Campbell County, KY, with easy access to amenities and transportation.
    • Seller will consider dividing the property.
    • APN: 999‑99‑04‑795.00, Address: E Ridge Pl, Newport, KY 41071.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newport
    County
    Campbell
    State
    Kentucky
    Longitude
    -84.47596502
    Latitude
    39.08168328

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    FAQs

    What type of property is this?
    Land - 20-acre residential lot with city views. Owner will divide.
    Where is this land located?
    The property is located at Ridge Pl Newport, KY.
    What are key features of this property?
    This property features: 20.03-acre parcel in Newport, KY's desirable Riddleview Heights subdivision.; R-1 zoning allows for residential development.; New access road from E. Ridge Place offers convenient access and city views.
    (859) 866-8725
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    Ridge Pl Newport, KY 41071
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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
    Ridge Pl Newport, KY 41071
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