0 #15 Owenton, KY 40359
This exceptional 1.34-acre commercial land parcel, identified as Lot #15 in the prestigious Evanwood Estates, presents a unique opportunity for development. Located in Owen County, Kentucky, near Owenton, this property boasts a desirable location with convenient access to Frankfort and Georgetown. The land itself offers a gently rolling topography, providing a picturesque homesite with views of the surrounding farmland. Utilities are readily available, with county water and electric already in place. The asking price for this prime commercial lot is $35,000. While some building restrictions are in effect, this property offers significant potential for a variety of commercial ventures. The property's address is #15 Evanwood Estates, Owenton, KY 40359 (38.45267, -84.8284388). The land is owned by an LLC. This is an excellent opportunity to acquire a well-situated commercial lot in a desirable Kentucky location. The relatively flat to gently rolling terrain makes it suitable for a range of commercial developments. Prospective buyers are encouraged to review the building restrictions before making an offer. This property is ready for your vision.
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
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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.