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    1234 Park Dr Elizabethtown, KY 42701

    For Sale
    Contact for pricing

    13.75 Acres Near Sports Park

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 13.75-acre commercial land parcel in Elizabethtown, Kentucky, presents a remarkable investment opportunity. Located at 1234 West Park Drive, 42701, this cleared lot enjoys unparalleled proximity to the Elizabethtown Sports Park, attracting approximately 165,000 visitors annually. This high-traffic area offers significant potential for a variety of commercial ventures, including restaurants, entertainment venues (arcade, pizza place), hotels, or even a factory or warehouse. The property's strategic location provides easy access to major roadways such as Ring Road, I-65, Lincoln Parkway, Bluegrass Parkway, and Western Kentucky Parkway, ensuring convenient transportation and accessibility. Given Hardin County's projected population boom in the next five years, this location is poised for substantial growth and increased demand. The site's adjacency to the sports park, coupled with its excellent road access and the county's anticipated population growth, makes it an ideal location for businesses catering to both local residents and visitors. Consider the possibilities: a thriving commercial hub serving the influx of sports enthusiasts and the growing community. This property is being offered via online auction.

    Property Features for 1234 Park Dr

    General Information

    Property type
    Land
    Lot Size
    598,950 SF

    HighLights

    • 13.75‑acre commercial land parcel in Elizabethtown, KY.
    • Located at 1234 West Park Drive, Elizabethtown, KY 42701.
    • Adjacent to Elizabethtown Sports Park, attracting approximately 165,000 visitors annually.
    • High‑traffic area with proximity to I‑65, Ring Road, and other major roadways.
    • Suitable for various commercial uses, including restaurants, hotels, entertainment venues, or industrial facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elizabethtown
    County
    Hardin
    State
    Kentucky
    Longitude
    -85.8955938
    Latitude
    37.6865845

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    FAQs

    What type of property is this?
    Land - 13.75 Acres Near Sports Park
    Where is this land located?
    The property is located at 1234 Park Dr Elizabethtown, KY.
    What are key features of this property?
    This property features: 13.75-acre commercial land parcel in Elizabethtown, KY.; Located at 1234 West Park Drive, Elizabethtown, KY 42701.; Adjacent to Elizabethtown Sports Park, attracting approximately 165,000 visitors annually.
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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
    1234 Park Dr Elizabethtown, KY 42701
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