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Property profile & analytics
OFF-MARKET
Land

0 Long Ridge Ln Owenton, KY 40359

2.54 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.54-acre commercial land parcel presents a unique investment opportunity in the tranquil Long Ridge Estates subdivision, nestled in the heart of Owen County, Kentucky. Located at 0 Lot# 2 Long Ridge Lane, Owenton, KY 40359 (APN 00), this property boasts a desirable residential zoning designation, offering versatility for future development. The lot features a cleared, rolling slope, providing a buildable landscape with potential for walkout basements, thereby potentially reducing construction costs. The subdivision is designed to prioritize privacy and protection, with most lots offering 200+ feet of road frontage. Underground utilities are in place, including readily available electricity and water; however, natural gas is not currently available. Access is convenient via a county road and a private road. Reasonable restrictions are in place to maintain property values within the community. This property is held under corporate ownership and is priced affordably at $37,500. The location offers a peaceful setting while remaining easily accessible. This is an ideal opportunity for developers or investors seeking a prime parcel in a desirable Kentucky location.

Property profile
Verified
Property type Land
Lot 2.54 ac (110,642 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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