0 Long Ridge Ln Owenton, KY 40359
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.
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
Similar Nearby for Sale
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.