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    US-150 Byp Danville, KY 40422

    Sponsored
    For Sale
    $2,744,000

    34.3 Acres, Highway Business Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 34.3-acre commercial land parcel presents a significant investment opportunity in Danville, Kentucky. Ideally situated with 1264 feet of frontage on US-150 (Perryville Road), this property boasts Highway Business zoning, offering a multitude of development possibilities. Conveniently accessible via Thoroughbred Drive, near McDonald's on US-150, and also via Ingleside Drive (Summit Drive) adjacent to Stuart Powell Ford, this location provides excellent visibility and accessibility. The property's eastern boundary is bordered by 115 Thoroughbred Drive. Originally a 40-acre tract, a 6-acre portion was recently sold for retail development, leaving the current 34.3 acres available. The parcel is identified by APN 041000041 and is owned by Family Ties Investments, LLC. No mailing address is currently assigned. The asking price is $2,744,000, representing $80,008 per acre. While the property is currently vacant land, its prime location and zoning make it suitable for a wide range of commercial ventures. Information regarding potential restrictions and a plat map is available upon request. The seller is open to considering offers for smaller tracts of land. This is a rare opportunity to acquire a substantial commercial land holding in a thriving Kentucky market.

    Property Features for US-150 Byp

    General Information

    Property type
    Land
    Lot Size
    1,494,108 SF

    HighLights

    • 34.3‑acre commercial land parcel in Danville, KY.
    • 1,264 feet of US‑150 (Perryville Road) frontage with Highway Business zoning.
    • Excellent visibility and accessibility near major retailers.
    • APN 041000041; owned by Family Ties Investments, LLC.
    • Asking price: $2,744,000 ($80,008/acre).
    • Seller open to offers for smaller tracts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Danville
    County
    Boyle
    State
    Kentucky
    Longitude
    -84.810746702444
    Latitude
    37.64836730711

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    FAQs

    What type of property is this?
    Land - 34.3 Acres, Highway Business Zoning
    Where is this land located?
    The property is located at US-150 Byp Danville, KY.
    What is the asking price?
    The asking price for this property is $2,744,000.
    What are key features of this property?
    This property features: 34.3-acre commercial land parcel in Danville, KY.; 1,264 feet of US-150 (Perryville Road) frontage with Highway Business zoning.; Excellent visibility and accessibility near major retailers.
    (859) 236-8830
    Request Owner's contact information
    US-150 Byp Danville, KY 40422
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    Danville, KY 40422
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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
    US-150 Byp Danville, KY 40422
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