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    Long Ridge Ln Owenton, KY 40359

    Sponsored
    For Sale
    $37,500

    1.86-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.86-acre commercial land parcel presents a unique investment opportunity in the heart of Owen County, Kentucky. Located at 0 Lot# 20 Long Ridge Lane, Owenton, KY 40359, this property is part of the Long Ridge Estates subdivision, known for its quiet atmosphere and thoughtful design. The lot boasts a rolling slope and is cleared, simplifying development. While currently zoned residential, its commercial subtype designation opens possibilities for various uses. Utilities are conveniently located underground, with electricity and water readily available. Natural gas is not currently available. The property offers approximately 200+ feet of road frontage, providing excellent accessibility. Long Ridge Estates features reasonable restrictions designed to protect property values and maintain the community's desirable character. The lot size falls within the 1 to 4.9-acre range typical for the subdivision, offering ample space for development. The corporate ownership structure ensures a streamlined transaction process. This is an ideal opportunity for investors seeking a versatile commercial lot in a peaceful, well-maintained setting. The asking price is $37,500. The APN is 00.

    Property Features for 0 Long Ridge Ln

    General Information

    Property type
    Land
    Lot Size
    81,022 SF

    HighLights

    • 1.86‑acre commercial lot in Owen County, KY, zoned residential with commercial subtype.
    • Cleared, rolling lot with underground utilities (electricity and water available).
    • Approximately 200+ feet of road frontage.
    • Located in Long Ridge Estates, a subdivision with 1‑4.9 acre lots.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Owenton
    County
    Owen
    State
    Kentucky
    Longitude
    -84.818993
    Latitude
    38.5882736

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    FAQs

    What type of property is this?
    Land - 1.86-acre commercial lot, prime location.
    Where is this land located?
    The property is located at Long Ridge Ln Owenton, KY.
    What is the asking price?
    The asking price for this property is $37,500.
    What are key features of this property?
    This property features: 1.86-acre commercial lot in Owen County, KY, zoned residential with commercial subtype.; Cleared, rolling lot with underground utilities (electricity and water available).; Approximately 200+ feet of road frontage.
    Request Owner's contact information
    Long Ridge Ln 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
    Long Ridge Ln Owenton, KY 40359
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