0 Lake Bonita Rd Catlettsburg, KY 41129
This exceptional 33.44-acre property in Catlettsburg, Kentucky (Boyd County, zip code 41129) presents a unique investment opportunity. Located on Lake Bonita Rd, this land boasts flexible zoning, allowing for diverse development options including residential, commercial, and industrial uses. The property's strategic location offers easy freeway access and proximity to a planned quarter horse track and industrial site, promising significant future growth and economic activity. Its adjacency to the Marathon Oil Refinery further enhances its appeal to businesses seeking industrial and commercial advantages. The seller is open to subdividing the parcel to accommodate individual project needs. Local authorities are supportive of development proposals, making this a highly attractive site for those seeking to capitalize on the area's burgeoning potential. This versatile land offers a blank canvas for a wide range of development projects, from residential communities and retail centers to office complexes and industrial facilities. The asking price is $1,100,000. Don't miss this chance to acquire a substantial piece of prime Kentucky real estate.
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
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.