1000 Old Sparta Rd Sparta, KY 41086
This exceptional 7-8 acre property, located at 1000 Old Sparta Road in Sparta, Kentucky (Owen County, zip code 41086), presents a unique opportunity for diverse uses. Currently unzoned, this land offers significant potential for commercial development, farming, or recreational pursuits. The property boasts approximately 1100 feet of road frontage along Old Sparta Road, providing excellent accessibility. A good mix of cleared and wooded areas adds to its versatility. County water is available, simplifying utility connections. The convenient location, only about two miles from the I-71/Sparta exit, ensures easy access to major transportation routes. The parcel is identified by APN 032-10-00-018.00. While the current acreage is estimated at 7-8 acres (subject to survey), the seller is open to discussions about potentially adding more land to the sale. This makes it an ideal investment for those seeking a mini-farm, homesite, or recreational retreat with significant development potential. The property is held under consumer ownership.
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.