538 Rte Lockwood, KY 41129
This exceptional 90-acre property in Boyd County, Kentucky, presents a unique investment opportunity. Located at Route 538, Catlettsburg, KY 41129 (APN 040-00-00-049.00), this expansive land parcel is zoned for flexible commercial, industrial, and residential development. The property's strategic location offers easy freeway access and proximity to a planned quarter horse track and industrial site, promising significant future growth. Its adjacency to the Marathon Oil Refinery further enhances its appeal to businesses seeking a location within a thriving industrial corridor. Local authorities are supportive of development proposals, making this a highly attractive option for various projects. The land is divisible, allowing for tailored development plans to suit individual needs. Whether you envision a residential community, a commercial center, an industrial facility, or a mixed-use development, this property provides the scale and flexibility to realize your vision. The asking price is $2,700,000. This is a rare opportunity to acquire a large, versatile tract of land in a rapidly developing area with significant long-term potential.
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
Similar Nearby for Sale
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.