US-150 Byp Danville, KY 40422
This exceptional 34.3-acre commercial land parcel presents a significant investment opportunity in Danville, Kentucky. Ideally situated with 1264 feet of frontage on US-150 (Perryville Road), this property boasts Highway Business zoning, offering a multitude of development possibilities. Conveniently accessible via Thoroughbred Drive, near McDonald's on US-150, and also via Ingleside Drive (Summit Drive) adjacent to Stuart Powell Ford, this location provides excellent visibility and accessibility. The property's eastern boundary is bordered by 115 Thoroughbred Drive. Originally a 40-acre tract, a 6-acre portion was recently sold for retail development, leaving the current 34.3 acres available. The parcel is identified by APN 041000041 and is owned by Family Ties Investments, LLC. No mailing address is currently assigned. The asking price is $2,744,000, representing $80,008 per acre. While the property is currently vacant land, its prime location and zoning make it suitable for a wide range of commercial ventures. Information regarding potential restrictions and a plat map is available upon request. The seller is open to considering offers for smaller tracts of land. This is a rare opportunity to acquire a substantial commercial land holding in a thriving Kentucky market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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