1732-2 Old Scottsville Rd Alvaton, KY 42103
This exceptional 1-acre commercial lot, located at 1732-2 Old Scottsville Road in Alvaton, Kentucky (zip code 42103), presents a remarkable opportunity for small business owners or investors. Priced at $199,900, this property boasts a prime location in a high-traffic area, directly across from established restaurants and retail businesses. The lot is conveniently situated near the intersection of Old Scottsville Road and Old Gallatin Road, ensuring excellent visibility and accessibility. Currently zoned commercial, this land offers immediate potential for various business ventures. Utilities, including sewer, water, and electricity, are readily available at the street. While currently zoned commercial, the possibility of rezoning to residential exists, providing additional flexibility for future development. This property's strategic location and existing infrastructure make it an ideal investment, particularly for those seeking a smaller footprint for their business or considering purchasing in conjunction with the adjacent property at 1732 Old Gallatin Road, which also has commercial zoning potential. The high volume of traffic ensures significant exposure for any business established on this lot. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving area.
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.
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.