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Property profile & analytics
OFF-MARKET
Land

0 Long Ridge Ln Owenton, KY 40359

2.15 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.15 ac (93,654 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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