0 Spg Pl Dr, Mount Washington, KY 40047
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.
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.