0 Long Ridge Ln Owenton, KY 40359
This exceptional 3.68-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# 37 Long Ridge Lane, Owenton, KY 40359 (APN 00), this property boasts a desirable residential zoning designation, offering flexibility for various commercial ventures. The lot features a cleared, rolling slope and is part of a planned community designed for privacy and protection. Most lots within the subdivision range from 1 to 3 acres, providing ample space and approximately 200+ feet of road frontage. Many lots are configured to accommodate daylight or walkout basements, potentially reducing construction costs. Underground utilities are in place, with electricity and water readily available. Natural gas is not currently available. The reasonable restrictions in place help maintain property values within the community. This property is held under corporate ownership and offers a compelling combination of serene surroundings and commercial potential. The asking price is $37,500. Don't miss this chance to acquire a prime piece of land in a sought-after Owen County 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
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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.