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Property profile & analytics
OFF-MARKET
Commercial real estate

214 Sparrow Ln Harrodsburg, KY 40330

10.52 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.52-acre property presents a unique investment opportunity in Harrodsburg, Kentucky. Located on Sparrow Lane, this B-3 zoned parcel offers significant development potential with a multitude of commercial uses. Its strategic location bordering Campbellsville University provides excellent access to a large population base and offers high visibility due to 960 feet of road frontage. The property's zoning allows for a wide range of possibilities, including residential developments such as housing or a retirement community, medical facilities, shopping centers, or light industrial uses. The availability of sewer connections simplifies the development process, reducing upfront costs and expediting project timelines. Its proximity to the Harrodsburg bypass ensures easy access to major transportation routes, enhancing its appeal to potential tenants and residents. Furthermore, the property's location just six miles from Danville provides access to a larger regional market. This is a rare opportunity to acquire a substantial tract of land in a thriving area with exceptional development potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Lot 10.52 ac (458,251 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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