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    Central Ave Ashland, KY 41101

    Sponsored
    For Sale
    $650,000

    Level lot, high potential, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.6-acre commercial land parcel is ideally situated in the heart of downtown Ashland, Kentucky, at the intersection of 18th Street and Central Avenue. The property boasts a desirable level topography, eliminating costly site preparation and making it immediately buildable. Its prime location offers unparalleled visibility and accessibility, directly across from the vibrant Central Park. This presents a unique opportunity for developers and investors seeking a high-impact location for a variety of commercial ventures. The asking price for this exceptional property is $650,000. The address is Central Ave, Ashland, KY 41101, within Boyd County. The property's central location provides easy access to a range of amenities, businesses, and residential areas, ensuring high foot traffic and strong potential for return on investment. The expansive lot size offers ample space for a variety of development projects, from retail spaces and restaurants to office buildings and mixed-use developments. This is a rare opportunity to acquire a highly desirable commercial land parcel in a thriving Kentucky city. Don't miss out on this chance to capitalize on the potential of this exceptional property.

    Property Features for 0 Central Ave

    General Information

    Property type
    Land

    HighLights

    • $650,000 asking price.
    • Level commercial land lot.
    • Located in downtown Ashland, KY, on Central Ave.
    • Across from Central Park.
    • 41101 zip code.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ashland
    County
    Boyd
    State
    Kentucky
    Longitude
    -82.638350591999
    Latitude
    38.475402961105

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    FAQs

    What type of property is this?
    Land - Level lot, high potential, prime location.
    Where is this land located?
    The property is located at Central Ave Ashland, KY.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: $650,000 asking price.; Level commercial land lot.; Located in downtown Ashland, KY, on Central Ave.
    Request Owner's contact information
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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
    Central Ave Ashland, KY 41101
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