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    St Danville, KY 40422

    • Commercial real estate
    • 4.35 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for St

    Lot size
    4.35 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 4.35-acre parcel in Danville, KY, presents a prime opportunity for multifamily development. Zoned R-4, this site boasts pre-approval for a substantial 72-unit complex, making it an ideal investment for developers seeking high-density residential projects. Its strategic location places it adjacent to existing apartment communities, Poplar Commons and Meadow Run, ensuring immediate access to established infrastructure and a thriving residential neighborhood. The property's proximity to the Luca Mariano Distillery and Main Street offers residents convenient access to local amenities and attractions. The site's favorable zoning and existing approvals significantly streamline the development process, minimizing potential delays and maximizing return on investment. A conceptual development plan is available for review, outlining a vision for a thriving multifamily community. This is a rare opportunity to acquire a large, well-located parcel in a growing Kentucky city, perfectly positioned for immediate development. The address is 0 N Hill-N-Dale Street, Danville, KY. The asking price is $325,000. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Boyle
    State
    Kentucky
    Longitude
    -84.7502
    Latitude
    37.6439

    Comparable in this City

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      108 Gose Pike

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      1577 Hustonville Rd

      COMMERCIAL (GENERAL) • 2,380 SF
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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
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