4821 St. Hwy Blue River, KY 41607
This exceptional 0.5-acre commercial land parcel, located at 4821 St. Hwy 404 in Blue River, Kentucky, presents a unique investment opportunity. Priced at $98,000, this property offers 1,800 square feet of potential development space. Its convenient location in Floyd County, zip code 41607, provides easy access to US23/114 via KY-114 West, approximately 4.8 miles from the David turnoff. The property is situated on the left side of the road. The "Special Purpose" designation allows for a variety of commercial uses, making it ideal for entrepreneurs seeking a strategic location for their business ventures. Its proximity to the Passage Trail offers additional potential for attracting customers or clients. This versatile property is ready for development and presents a compelling opportunity for those seeking a foothold in the thriving Blue River commercial market. The property is zoned for commercial use and is ready for immediate development. The 0.5-acre lot provides ample space for a variety of commercial projects. This is a rare opportunity to acquire a well-located commercial property in a growing area. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
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.