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    7260 Ky Prestonsburg, KY 41653

    Sponsored
    For Sale
    $599,000

    14,024 SF Commercial Land, Great Location

    Property size:
    14,024 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6-acre commercial property in Prestonsburg, Kentucky, presents a significant business opportunity. Located at 7260 Ky Rt. 114, this strategically positioned land boasts a substantial 14,024 square feet of space, ideal for a variety of commercial ventures. The property's convenient location off Route 114, between Prestonsburg and Paintsville, ensures high visibility and easy access for customers and employees. Its proximity to the US 23/114 intersection further enhances its accessibility and marketing potential. The site is easily visible from US 114 when traveling towards Salyersville. The property is classified as Special Purpose land and offers significant potential for development. With its ample square footage and prime location, this property is well-suited for businesses seeking a prominent presence in a thriving Kentucky market. The asking price for this remarkable opportunity is $599,000. This is a rare chance to acquire a substantial commercial property in a desirable location with excellent potential for growth and return on investment. The property features approximately 26 dock doors.

    Property Features for 7260 Ky

    General Information

    Property type
    Land
    Square Feet
    14,024 SF
    Lot Size
    261,360 SF

    HighLights

    • $599,000 asking price.
    • 6‑acre lot.
    • 14,024 square feet.
    • Located at 7260 KY Rt. 114, Prestonsburg, KY 41653.
    • Commercial land with great business opportunity.
    • Conveniently located off Rt. 114 between Prestonsburg and Paintsville.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prestonsburg
    County
    Floyd
    State
    Kentucky
    Longitude
    -82.8772386
    Latitude
    37.6484872

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    FAQs

    What type of property is this?
    Land - 14,024 SF Commercial Land, Great Location
    Where is this land located?
    The property is located at 7260 Ky Prestonsburg, KY.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: $599,000 asking price.; 6-acre lot.; 14,024 square feet.
    Request Owner's contact information
    7260 Ky Prestonsburg, KY 41653
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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
    7260 Ky Prestonsburg, KY 41653
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