0 Long Ridge Ln Owenton, KY 40359
This exceptional 1.86-acre commercial land parcel presents a unique investment opportunity in the heart of Owen County, Kentucky. Located at 0 Lot# 20 Long Ridge Lane, Owenton, KY 40359, this property is part of the Long Ridge Estates subdivision, known for its quiet atmosphere and thoughtful design. The lot boasts a rolling slope and is cleared, simplifying development. While currently zoned residential, its commercial subtype designation opens possibilities for various uses. Utilities are conveniently located underground, with electricity and water readily available. Natural gas is not currently available. The property offers approximately 200+ feet of road frontage, providing excellent accessibility. Long Ridge Estates features reasonable restrictions designed to protect property values and maintain the community's desirable character. The lot size falls within the 1 to 4.9-acre range typical for the subdivision, offering ample space for development. The corporate ownership structure ensures a streamlined transaction process. This is an ideal opportunity for investors seeking a versatile commercial lot in a peaceful, well-maintained setting. The asking price is $37,500. The APN is 00.
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.