Property summary
This exceptional 0.93-acre commercial lot presents a unique investment opportunity in Albany, Kentucky. Located just 5.3 miles from downtown Albany, this property offers unparalleled convenience and accessibility. The lot boasts readily available water and electricity hookups, simplifying the development process. Adding to its appeal is an existing barn and garden area, providing ample space for various uses. The absence of restrictive covenants allows for maximum flexibility in design and construction, catering to a wide range of commercial ventures. For those seeking recreational opportunities, the property's proximity to water recreation is a significant advantage, situated only 7.9 miles from Wisdom Dock and 9.6 miles from Wolf River Dock. Priced competitively at $31,900, this land parcel represents a compelling investment in a desirable Kentucky location. The property's size and features make it suitable for a variety of commercial developments, offering significant potential for future growth and return. Its strategic location combines the benefits of a quiet setting with easy access to the amenities of Albany and nearby recreational areas. This is an exceptional opportunity to acquire a versatile commercial lot with significant potential.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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