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Property profile & analytics
OFF-MARKET
Commercial real estate

2 Martin Luther King Jr Dr Winchester, KY 40391

3.43 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.43-acre parcel presents a prime opportunity for development in Winchester, Kentucky. Strategically located just beyond the Dairy Queen, heading towards the Clark County Educational Plaza, this property boasts convenient access and high visibility. The land is designated for planned development, ensuring a streamlined process for prospective buyers. All necessary utilities are readily available, minimizing infrastructure costs and expediting project timelines. The seller retains the right to approve the development plan, ensuring alignment with the overall vision for the area and maintaining the property's high standards. This offers a unique chance to create a tailored project that meets specific needs and maximizes the potential of this valuable land. The site's proximity to the educational plaza suggests strong potential for projects catering to students, faculty, or the wider community. Given its size and location, this property is ideal for a variety of commercial or mixed-use developments. Serious inquiries are encouraged to explore the possibilities and submit development proposals for consideration. The asking price reflects the significant potential and strategic location of this exceptional development opportunity. Don't miss this chance to acquire a highly desirable parcel in a thriving Kentucky community. Contact us today to learn more and begin planning your next project.

Property profile
Verified
Property type Commercial real estate
Lot 3.43 ac (149,411 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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