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    100 Blackburn Ln Dry Ridge, KY 41035

    For Sale
    $3,000,000

    1-15 acres, I-75 visibility, pad-ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial land offering presents a unique investment opportunity in Dry Ridge, Kentucky. Located at 100 Blackburn Ln, this property boasts 1.5 to 15 acres of developable land, strategically positioned for optimal visibility and accessibility from I-75. The site is zoned for a variety of commercial uses, including hotels, restaurants, and retail establishments, providing considerable flexibility for development. All utilities are conveniently in place, and the land is pad-ready, with existing street infrastructure and preliminary detention completed, significantly reducing development time and costs. The property's location benefits from the presence of numerous popular retail and restaurant businesses in the immediate vicinity, ensuring a thriving commercial environment. Pricing varies based on location within the development: Interstate-facing lots are priced at $245,000 per acre, while lots on the east side are offered at $200,000 per acre. The total asking price for the entire parcel is $3,000,000. The property's APN is 045-00-00-013.02. This is a turnkey opportunity for developers seeking high-impact commercial development in a rapidly growing area. Don't miss this chance to secure a prime location with excellent visibility and immediate access to major transportation arteries.

    Property Features for 100 Blackburn Ln

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • 1.5‑15 acres of developable commercial land in Dry Ridge, KY.
    • Located at 100 Blackburn Ln, with I‑75 visibility and accessibility.
    • Zoned for hotels, restaurants, and retail; utilities in place and pad‑ready.
    • Interstate‑facing lots: $245,000/acre; East‑side lots: $200,000/acre; Total asking price: $3,000,000.
    • APN: 045‑00‑00‑013.02
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dry Ridge
    County
    Grant
    State
    Kentucky
    Longitude
    -84.59967892541
    Latitude
    38.686192425653

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    FAQs

    What type of property is this?
    Land - 1-15 acres, I-75 visibility, pad-ready.
    Where is this land located?
    The property is located at 100 Blackburn Ln Dry Ridge, KY.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 1.5-15 acres of developable commercial land in Dry Ridge, KY.; Located at 100 Blackburn Ln, with I-75 visibility and accessibility.; Zoned for hotels, restaurants, and retail; utilities in place and pad-ready.
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    Dry Ridge, KY 41035
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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
    100 Blackburn Ln Dry Ridge, KY 41035
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