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    Monmouth St Newport, KY 41071

    Sponsored
    For Sale
    Contact for pricing

    Residential land, R-1 zoning, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11.048-acre parcel of land presents a unique opportunity for residential development in the desirable Newport, Kentucky area. Located on Monmouth Street, this property boasts an R-1 zoning designation, offering a range of potential uses. The land sits conveniently behind the Newport Shopping Center, providing easy access to amenities and excellent visibility. The property's APN is 999-99-03-734.06, and its precise location is detailed by the coordinates 39.08175019027398 latitude and -84.48018959085816 longitude. This significant acreage offers substantial potential for various residential projects. Note that an additional 20.03 acres of adjoining land is also available for purchase, totaling 31.0782 acres should a larger development be desired. This presents a rare chance to acquire a substantial land holding in a thriving Kentucky community. The property is being offered for sale by owner and is ready for immediate consideration. Serious inquiries are encouraged to explore the possibilities of this remarkable opportunity. The zip code for this property is 41071, and it is situated in Campbell County.

    Property Features for 0 Monmouth St

    General Information

    Property type
    Land
    Lot Size
    481,251 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newport
    County
    Campbell
    State
    Kentucky
    Longitude
    -84.480189590858
    Latitude
    39.081750190274

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    FAQs

    What type of property is this?
    Land - Residential land, R-1 zoning, prime location.
    Where is this land located?
    The property is located at Monmouth St Newport, KY.
    (859) 866-8725
    Request Owner's contact information
    Monmouth St Newport, KY 41071
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    Newport, KY 41071
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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
    Monmouth St Newport, KY 41071
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