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Property profile & analytics
OFF-MARKET
Land

538 Rte Lockwood, KY 41129

90 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 90 ac (3,920,400 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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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