0000 Hwy Utica, KY 42327
This exceptional 2.1 to 2.47-acre commercial land parcel presents a unique opportunity for development in Calhoun, Kentucky. Located on Highway 140, this property boasts a desirable location with convenient access to essential utilities already available at the roadside. The land itself is lightly wooded and has been meticulously maintained, creating a park-like setting ideal for a variety of commercial ventures. Its gently manicured landscape offers a blank canvas for construction, welcoming builders of all types. The property's size provides ample space for a substantial project, allowing for flexibility in design and functionality. Situated in McLean County, this lot benefits from low property taxes, making it an even more attractive investment. For those seeking a location with excellent connectivity, note that the Owensboro Bypass is only 14.4 miles away, ensuring easy access to regional transportation networks. This prime commercial land is ready for immediate development, offering a compelling combination of location, size, and affordability. Don't miss this chance to secure a valuable asset in a growing Kentucky community.
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.