2870 Weldon Loop Rd Upton, KY 42784
This exceptional 10.152-acre parcel presents a remarkable industrial development opportunity in Upton, Kentucky. Strategically located within the burgeoning LaRue County Industrial Park, this property boasts unparalleled access to Interstate 65, placing it in close proximity to the significant BlueOval SK battery plant in Glendale, KY. The site is zoned for industrial use and is divisible, offering flexibility for various project sizes. This prime location benefits from planned infrastructure improvements and upgraded utilities within the industrial park, ensuring a seamless development process. The property's appeal is further enhanced by the projected population growth of approximately 22,000 people within the next three years, fueled by the expanding EV sector and related manufacturing and logistics needs in the region. This presents a unique chance to capitalize on the unprecedented growth anticipated over the next five years, driven by the industrial expansion in the surrounding area. The property's APN is 004-00-00-088.00 and is privately owned. The asking price for this exceptional opportunity is $1,800,000. Contact us to discuss this exciting investment prospect.
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
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.