0 Long Ridge Ln Owenton, KY 40359
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.
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
Similar Nearby for Sale
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.