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Property profile & analytics
OFF-MARKET
Land

1732-2 Old Scottsville Rd Alvaton, KY 42103

1 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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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