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    1965 Petersburg Rd Hebron, KY 41048

    For Lease
    Contact for pricing

    3.5 Acres, Build-to-Suit Potential

    Lot size:
    152,460 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3.5-acre commercial land parcel presents a prime development opportunity in Hebron, KY. Strategically located on Petersburg Road, near its intersection with North Bend Road, this property boasts high visibility and convenient access. The site is zoned C-2/PD/CD, allowing for a wide range of commercial uses, including restaurants, medical facilities, retail spaces, and more. Specifically permitted uses include eating and drinking establishments, medical clinics, offices, retail stores, veterinary clinics, daycares, gas stations, hotels/motels, convenience stores, schools, and recreational facilities. The property comprises two adjacent lots (APN: 047.00-12-001.00 & 047.00-12-002.00), totaling 3.5 acres (0.28 acres and 3.22 acres respectively). Its location offers proximity to established businesses such as Kroger and AutoZone, numerous restaurants, and the Hebron Fire Department. This raw, vacant land is ideal for build-to-suit projects, providing an excellent opportunity to create a custom commercial space tailored to your specific needs. The property's location in Boone County, Kentucky, and its versatile zoning make it an attractive investment for developers and businesses seeking a high-traffic location. This is a rare opportunity to secure a significant commercial land holding in a thriving area.

    Property Features for 1965 Petersburg Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    152,460 SF

    Unit(s) available at that property

    Space
    Size
    152,460 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hebron
    County
    Boone
    State
    Kentucky
    Longitude
    -84.701766406709
    Latitude
    39.066052012857

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    FAQs

    What type of property is this?
    Land - 3.5 Acres, Build-to-Suit Potential
    Where is this land located?
    The property is located at 1965 Petersburg Rd Hebron, KY.
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    Hebron, KY 41048
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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
    1965 Petersburg Rd Hebron, KY 41048
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