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    4821 St. Hwy 404 Blue River, KY 41607

    Sponsored
    For Sale
    $98,000

    0.5-acre lot, 1800 sq ft, $98,000

    Property size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 0.5-acre commercial land parcel, located at 4821 St. Hwy 404 in Blue River, Kentucky, presents a unique investment opportunity. Priced at $98,000, this property offers 1,800 square feet of potential development space. Its convenient location in Floyd County, zip code 41607, provides easy access to US23/114 via KY-114 West, approximately 4.8 miles from the David turnoff. The property is situated on the left side of the road. The "Special Purpose" designation allows for a variety of commercial uses, making it ideal for entrepreneurs seeking a strategic location for their business ventures. Its proximity to the Passage Trail offers additional potential for attracting customers or clients. This versatile property is ready for development and presents a compelling opportunity for those seeking a foothold in the thriving Blue River commercial market. The property is zoned for commercial use and is ready for immediate development. The 0.5-acre lot provides ample space for a variety of commercial projects. This is a rare opportunity to acquire a well-located commercial property in a growing area. Serious inquiries are encouraged.

    Property Features for 4821 St. Hwy 404

    General Information

    Property type
    Land
    Square Feet
    1,800 SF
    Lot Size
    21,780 SF

    HighLights

    • 0.5‑acre commercial lot in Blue River, KY, priced at $98,000.
    • Located at 4821 St. Hwy 404, Floyd County, zip code 41607.
    • Offers 1,800 square feet of potential development space.
    • Convenient access to US23/114 via KY‑114 West.
    • Special Purpose zoning allows for various commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Blue River
    County
    Floyd
    State
    Kentucky
    Longitude
    -82.8371353
    Latitude
    37.6286466

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 0.5-acre lot, 1800 sq ft, $98,000
    Where is this land located?
    The property is located at 4821 St. Hwy 404 Blue River, KY.
    What is the asking price?
    The asking price for this property is $98,000.
    What are key features of this property?
    This property features: 0.5-acre commercial lot in Blue River, KY, priced at $98,000.; Located at 4821 St. Hwy 404, Floyd County, zip code 41607.; Offers 1,800 square feet of potential development space.
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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
    4821 St. Hwy 404 Blue River, KY 41607
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