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    Ky-909 East Bernstadt, KY 40741

    Sponsored
    For Sale
    $699,000

    75+ Acres, I-75 Access, $699K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 75+ acre property boasts prime commercial development potential, strategically located off I-75 Exit 49 in Laurel County, Kentucky. Situated on KY-909, it offers convenient access to both I-75 and US 25. Currently zoned for agricultural use, the land presents a unique opportunity for a variety of ventures. Previous logging has prepared the site, which is largely raw. Potential uses include an ATV park, RV campground, residential development, or commercial development along KY-909, leveraging its proximity to the interstate. The asking price is $699,000, translating to less than $10,000 per acre. This represents a significant investment opportunity in a high-traffic area with diverse development possibilities. The property is located in East Bernstadt, near London, KY, with a zip code of 40741. The site's location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in this growing region. The mixed-use potential allows for flexibility in development plans, catering to a wide range of commercial and residential needs.

    Property Features for 0 Ky-909

    General Information

    Property type
    Land

    HighLights

    • High‑visibility 75+ acre parcel at I‑75 Exit 49 (Northbound).
    • Raw land offering mixed‑use potential for commercial and residential development, or an off‑road park.
    • Priced under $10,000 per acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    East Bernstadt
    County
    Laurel
    State
    Kentucky
    Longitude
    -84.2127395
    Latitude
    37.2295824

    Nearby Comparable

    • $300,000
      134.00 Acres

      134+/- Acre Land Near I-75

      Remarkable 134+/- acre property with owner financing available.
      9999 Ohler Br, East Bernstadt, KY 40729
      View Details
    • $189,000
      2.06 Acres

      Commercial Land in Laurel County

      2.06 acres of commercial land with high traffic exposure.
      4859 N Us Highway 25, East Bernstadt, KY 40729
      View Details

    FAQs

    What type of property is this?
    Land - 75+ Acres, I-75 Access, $699K
    Where is this land located?
    The property is located at Ky-909 East Bernstadt, KY.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: High-visibility 75+ acre parcel at I-75 Exit 49 (Northbound).; Raw land offering mixed-use potential for commercial and residential development, or an off-road park.; Priced under $10,000 per acre.
    (859) 312-8069
    Request Owner's contact information
    Ky-909 East Bernstadt, KY 40741
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    Ky-909
    East Bernstadt, KY 40741
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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
    Ky-909 East Bernstadt, KY 40741
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