0 Long Ridge Ln Owenton, KY 40359
This exceptional 2.15-acre commercial lot, located at 0 Lot# 38 Long Ridge Lane in Owenton, Kentucky, presents a unique investment opportunity. Situated within the peaceful Long Ridge Estates subdivision in Owen County (zip code 40359), this property offers a blend of tranquility and accessibility. The lot boasts a rolling slope and is largely cleared, simplifying development. While zoned residential, its commercial subtype designation opens possibilities for various uses. The subdivision is designed to prioritize privacy and protection, featuring lots ranging from one to three acres with substantial road frontage (200+ feet). Many lots are configured for walkout basements, potentially reducing construction costs. Underground utilities are in place, with electricity and water readily available. Natural gas is not currently available. Reasonable restrictions are in place to maintain property values within the community. The asking price for this prime commercial lot is $37,500. The corporate ownership ensures a streamlined transaction process. This property's combination of size, location, and potential makes it an attractive investment for discerning buyers. The APN is 00.
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.