0 Old Lick Creek Rd Louisa, KY 41230
This exceptional 8.58-acre development land parcel presents a compelling investment opportunity in Louisa, Kentucky. Strategically located within city limits, this property offers convenient access to city services. Its prime position directly across from Brown's Foods, nestled between Old Lick Creek Road and Clayton Lane, ensures high visibility and accessibility. The zoning allows for diverse development possibilities, including industrial, government, or multi-family projects. While a portion of the land falls within a flood zone, this can be mitigated through obtaining a fill permit. The property's proximity to the Big Sandy River and the West Virginia border adds to its strategic appeal. The asking price has been significantly reduced to $239,000, making this an attractive proposition for developers seeking a versatile and well-situated site in a growing area. The property's address is Old Lick Creek Rd, Louisa, KY 41230. This is a rare opportunity to acquire a substantial tract of land in a desirable location with significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.