0 #18 Owenton, KY 40359
This exceptional 1.42-acre commercial land parcel, identified as Lot #18 in the prestigious Evanwood Estates, presents a unique opportunity for development. Located in Owen County, Kentucky, this property boasts a desirable location with convenient access to both Frankfort and Georgetown. The land itself offers a gently rolling topography, providing a picturesque homesite with views of the surrounding farmland. Utilities are readily available, with county water and electric already in place. While the property is zoned for commercial use, prospective buyers should be aware that some building restrictions are in effect. The asking price for this prime piece of land is $35,000. The legal ownership structure is an LLC. The property's address is #18 Evanwood Estates, Owenton, KY 40359. Its geographical coordinates are latitude 38.4528782 and longitude -84.8292263. This presents a rare chance to acquire a well-situated commercial lot in a desirable Kentucky location. Serious inquiries are encouraged.
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.