214 Sparrow Ln Harrodsburg, KY 40330
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.
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
Similar Nearby for Lease
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.