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    #18 Owenton, KY 40359

    For Sale
    $35,000

    1.42-acre commercial lot, Owen County, KY.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.42-acre commercial land parcel, identified as Lot #18 in the prestigious Evanwood Estates, presents a unique opportunity for development. Located in Owen County, Kentucky, this property boasts a desirable location with convenient access to both 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. While the property is zoned for commercial use, prospective buyers should be aware that some building restrictions are in effect. The asking price for this prime piece of land is $35,000. The legal ownership structure is an LLC. The property's address is #18 Evanwood Estates, Owenton, KY 40359. Its geographical coordinates are latitude 38.4528782 and longitude -84.8292263. This presents a rare chance to acquire a well-situated commercial lot in a desirable Kentucky location. Serious inquiries are encouraged.

    Property Features for 0 #18

    General Information

    Property type
    Land
    Lot Size
    61,855 SF

    HighLights

    • 1.42‑acre commercial lot (#18) in Evanwood Estates, Owenton, KY.
    • Conveniently located near Frankfort and Georgetown, KY.
    • Gently rolling topography with farmland views.
    • County water and electric available.
    • Zoned commercial with building restrictions.
    • Priced at $35,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Owenton
    County
    Owen
    State
    Kentucky
    Longitude
    -84.8292263
    Latitude
    38.4528782

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    FAQs

    What type of property is this?
    Land - 1.42-acre commercial lot, Owen County, KY.
    Where is this land located?
    The property is located at #18 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: 1.42-acre commercial lot (#18) in Evanwood Estates, Owenton, KY.; Conveniently located near Frankfort and Georgetown, KY.; Gently rolling topography with farmland views.
    Request Owner's contact information
    #18 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
    #18 Owenton, KY 40359
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