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Property profile & analytics
OFF-MARKET
Land

00 Way Morgantown, KY 42261

2.46 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.46-acre commercial lot, located at 00 Veteran's Way in Morgantown, Kentucky, presents a unique opportunity for development. Priced at $299,000, this property boasts a highly desirable location near established shopping centers, retail stores, and banking institutions, ensuring high visibility and accessibility for any business. The land has already undergone significant preparation, including a new survey and the creation of an entrance driveway. The site is cleared and ready for immediate construction, eliminating the need for extensive pre-development work. This significantly reduces upfront costs and allows for a faster turnaround time for your project. The property's size offers ample space for a variety of commercial ventures, from retail establishments and office buildings to light industrial uses. Its strategic location in Morgantown, KY, zip code 42261, provides easy access to major transportation routes and a thriving local community. This is an ideal opportunity for entrepreneurs and investors seeking a prime location to establish or expand their business. The absence of existing structures allows for complete design flexibility, enabling you to create a space perfectly tailored to your specific needs. Don't miss this chance to acquire a ready-to-build commercial lot in a high-traffic area.

Property profile
Verified
Property type Land
Lot 2.46 ac (107,158 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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