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Property profile

0 Ridge Pl Newport, KY 41071

OFF-MARKET
Land
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20.03 ac lot

Property summary

AI-generated overview

This exceptional 20.03-acre parcel of land presents a unique opportunity in the desirable Riddleview Heights subdivision of Newport, Kentucky. Currently zoned R-1, this property offers significant potential for residential development. The lot boasts a recently cut access road from E. Ridge Place, providing convenient access and stunning views of the Cincinnati skyline. Its prime location in Campbell County, Kentucky, offers easy access to amenities and major transportation routes. The seller is open to dividing the property, making it suitable for various development scenarios, from single-family homes to potentially larger-scale residential projects. The property's APN is 999-99-04-795.00 and is located at E Ridge Pl, Newport, KY 41071. This is a rare opportunity to acquire a substantial residential land holding in a highly sought-after area. The property's size and location make it an ideal investment for developers or those seeking a large, buildable lot with exceptional views. Don't miss this chance to secure this remarkable piece of land.

Property profile

Verified
Property type Land
Lot 20.03 ac (872,507 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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