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    Spg Pl Dr Mount Washington, KY 40047

    Sponsored
    For Sale
    Contact for pricing

    Prime KY retail development land. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering presents a unique investment opportunity in the thriving Mount Washington, Kentucky market. Located at the corner of Hwy 31 (US 150) Bardstown Road/Mt Washington Bypass and Hwy 44 (Old Mill Road), this property boasts unparalleled visibility and accessibility. The site is conveniently accessed via Spring Drive off the Bypass, directly across from Twelve Oaks Drive. The available parcel, Tract 4, encompasses 0.9 acres and is zoned B2 - Central Business, allowing for a wide range of commercial development possibilities. This development is already seeing significant activity, with a new Wendy's established on Tract 1 and a new Zaxby's planned for Tract 2. Tracts 3, 5-B, and 5-A are currently under contract. The remaining portion of Tract 5, approximately 3.4 acres, offers potential for subdivision, creating further development opportunities. This prime location, coupled with the existing commercial presence and high traffic counts, makes this an ideal site for businesses seeking strong visibility and convenient access in a rapidly growing community. The APN for this property is 077-000-00-036A. The total acreage of the entire development ranges from one to five acres. This is a rare chance to secure a prominent position in a bustling Kentucky retail hub.

    Property Features for 0 Spg Pl Dr

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • High‑visibility 0.9‑acre commercial lot (Tract 4) available in Mount Washington, KY.
    • New Wendy's located on adjacent Tract 1.
    • New Zaxby's planned for adjacent Tract 2.
    • Tracts 3, 5‑B, and 5‑A are under contract.
    • Potential for subdivision of remaining 3.4 acres of Tract 5.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mount Washington
    County
    Bullitt
    State
    Kentucky
    Longitude
    -85.53645758
    Latitude
    38.05164315

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    FAQs

    What type of property is this?
    Land - Prime KY retail development land. High-traffic location.
    Where is this land located?
    The property is located at Spg Pl Dr Mount Washington, KY.
    What are key features of this property?
    This property features: High-visibility 0.9-acre commercial lot (Tract 4) available in Mount Washington, KY.; New Wendy's located on adjacent Tract 1.; New Zaxby's planned for adjacent Tract 2.
    (502) 253-1811
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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
    Spg Pl Dr Mount Washington, KY 40047
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