0 Strange Rd Hodgenville, KY 42748
This exceptional 3.09-acre commercial lot in Hodgenville, Kentucky, presents a remarkable investment opportunity. Located on Strange Road and Lincoln Parkway, this property boasts a highly desirable B3 zoning designation, opening doors to a wide array of commercial ventures. Permitted uses include, but are not limited to, fuel sales, retail establishments, liquor stores, strip malls, and self-storage facilities. The lot's strategic corner location ensures exceptional visibility and accessibility, attracting significant foot and vehicle traffic. Essential infrastructure is readily available, simplifying the development process. This property is ideally suited for entrepreneurs and investors seeking to capitalize on the area's growth and high demand for commercial space. The location offers excellent proximity to key transportation routes and benefits from its position less than 20 minutes from the Blue Oval Factory. While this 3.09-acre parcel is a compelling opportunity in itself, note that an additional 11 acres of adjacent land are also available for purchase separately, providing potential for significant expansion. The property's APN is 030-00-00-028.00. This is a rare chance to acquire a prime commercial lot in a thriving Kentucky market. The asking price is $495,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.