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    Long Ridge Ln Owenton, KY 40359

    • Land
    • 3.07 lot acres
    For Sale
    View listing
    $37,500
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Long Ridge Ln

    Lot size
    3.07 lot acres
    Property type
    Land

    Description

    This exceptional 3.07-acre commercial land parcel presents a unique investment opportunity in Owenton, Kentucky. Located at 0 Lot# 29 Long Ridge Lane, 40359, this property boasts a desirable location within the Long Ridge Estates development. The lot features a rolling slope and is cleared, providing a level building site. Utilities are largely underground, with electricity and water readily available. Natural gas is not currently available. The property is zoned for residential use, offering flexibility for various development plans. The lot size falls within the 1 to 4.9-acre range typical for the Long Ridge Estates community, which is designed to offer privacy and protection with lots featuring 200+ feet of road frontage. Many lots are configured for walkout basements, potentially reducing construction costs. Reasonable restrictions are in place to maintain property values. The APN is 00 and the ownership is corporate. This property is ideal for developers or investors seeking a prime location in a well-planned community. The asking price is $37,500.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Owenton
    County
    Owen
    State
    Kentucky
    Longitude
    -84.819
    Latitude
    38.5883

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      1.86 Acres

      Long Ridge Ln

      Land • 1.86 Acres
      0 Long Ridge Ln, Owenton, KY 40359
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    Similar Nearby for Sale

    • $37,500
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      Owenton KY Commercial Land - $37,500

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    • $37,500
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      Owenton Commercial Land - $37,500

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      Owen County Commercial Land Parcel

      3.68 Acres, Residential Zoning, $37,500
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    • $37,500
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      Owen County Commercial Land Parcel

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    Long Ridge Ln
    Owenton, KY 40359
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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