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    #15 Owenton, KY 40359

    Sponsored
    For Sale
    $35,000

    1.34-acre commercial lot in Owen County, KY

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.34-acre commercial land parcel, identified as Lot #15 in the prestigious Evanwood Estates, presents a unique opportunity for development. Located in Owen County, Kentucky, near Owenton, this property boasts a desirable location with convenient access to Frankfort and Georgetown. The land itself offers a gently rolling topography, providing a picturesque homesite with views of the surrounding farmland. Utilities are readily available, with county water and electric already in place. The asking price for this prime commercial lot is $35,000. While some building restrictions are in effect, this property offers significant potential for a variety of commercial ventures. The property's address is #15 Evanwood Estates, Owenton, KY 40359 (38.45267, -84.8284388). The land is owned by an LLC. This is an excellent opportunity to acquire a well-situated commercial lot in a desirable Kentucky location. The relatively flat to gently rolling terrain makes it suitable for a range of commercial developments. Prospective buyers are encouraged to review the building restrictions before making an offer. This property is ready for your vision.

    Property Features for 0 #15

    General Information

    Property type
    Land
    Lot Size
    58,370 SF

    HighLights

    • 1.34‑acre commercial lot (#15) in Evanwood Estates, Owenton, KY.
    • Conveniently located near Frankfort and Georgetown, KY.
    • Gently rolling terrain ideal for commercial development.
    • County water and electric available.
    • Asking price: $35,000.
    • Building restrictions apply.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Owenton
    County
    Owen
    State
    Kentucky
    Longitude
    -84.8284388
    Latitude
    38.45267

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    FAQs

    What type of property is this?
    Land - 1.34-acre commercial lot in Owen County, KY
    Where is this land located?
    The property is located at #15 Owenton, KY.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: 1.34-acre commercial lot (#15) in Evanwood Estates, Owenton, KY.; Conveniently located near Frankfort and Georgetown, KY.; Gently rolling terrain ideal for commercial development.
    Request Owner's contact information
    #15 Owenton, KY 40359
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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
    #15 Owenton, KY 40359
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