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    OFF-MARKET
    Land

    144 Colonial Dr, Danville, KY 40422

    0.48 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.48-acre commercial lot, located at 144 E Colonial Dr in Danville, Kentucky (zip code 40422), presents a unique opportunity for development. Priced at $55,000, this cleared lot offers 20,909 square feet of buildable space, ideal for a variety of commercial ventures. Its convenient location offers easy access to Danville Country Club via a cart path, enhancing its appeal and accessibility. The property is situated in the desirable Williamsburg Village, a community known for its custom homes, suggesting a strong potential for attracting clientele. Buyers have the freedom to select their preferred builder, allowing for complete customization of the future structure. Detailed plat maps and restrictive covenants are readily available upon request, providing transparency and clarity throughout the acquisition process. This property is perfect for entrepreneurs seeking a prime location to establish their business in a thriving Kentucky community. The lot's size and location make it an attractive investment for those seeking a high-return opportunity in a desirable area. Don't miss this chance to secure this exceptional commercial land parcel.

    Property profile
    Verified
    Property type Land
    Lot 0.48 ac (20,909 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
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    CAP Approach CAP
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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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