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    OFF-MARKET
    Land

    0 Spg Pl Dr, Mount Washington, KY 40047

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial land offering presents a unique investment opportunity in the thriving Mount Washington, Kentucky market. Located at the corner of Hwy 31 (US 150) Bardstown Road/Mt Washington Bypass and Hwy 44 (Old Mill Road), this property boasts unparalleled visibility and accessibility. The site is conveniently accessed via Spring Drive off the Bypass, directly across from Twelve Oaks Drive. The available parcel, Tract 4, encompasses 0.9 acres and is zoned B2 - Central Business, allowing for a wide range of commercial development possibilities. This development is already seeing significant activity, with a new Wendy's established on Tract 1 and a new Zaxby's planned for Tract 2. Tracts 3, 5-B, and 5-A are currently under contract. The remaining portion of Tract 5, approximately 3.4 acres, offers potential for subdivision, creating further development opportunities. This prime location, coupled with the existing commercial presence and high traffic counts, makes this an ideal site for businesses seeking strong visibility and convenient access in a rapidly growing community. The APN for this property is 077-000-00-036A. The total acreage of the entire development ranges from one to five acres. This is a rare chance to secure a prominent position in a bustling Kentucky retail hub.

    Property profile
    Verified
    Property type Land
    Lot 1 ac (43,560 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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