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Property profile & analytics
OFF-MARKET
Land

1318 Cannonsburg Rd Ashland, KY 41102

3 ac lot
Property ID
US34-0904819
Property summary
AI-generated overview

This exceptional 3- to 3.2-acre property, located at 1318 Cannonsburg Rd, Ashland, KY 41102, presents a unique dual-use opportunity. Zoned for both commercial and residential development, this land offers significant potential for investors and entrepreneurs. The existing structure, a raised ranch, boasts three bedrooms and two bathrooms, providing immediate income potential or comfortable living space while development plans are underway. The home features both front and back porches, adding to its charm and functionality. Extensive garage space is available, including a large detached garage building in addition to the attached garage, offering ample storage or workshop potential. A waterproofed, unfinished basement provides additional storage or the possibility for future expansion. The property's prime location in Ashland, Kentucky, offers easy access to shopping, restaurants, and other amenities, making it an attractive proposition for a variety of commercial ventures. This versatile property is ideal for those seeking a blend of residential comfort and commercial potential, or a strong investment opportunity with significant upside. The asking price is $415,000. Don't miss this chance to acquire a substantial piece of land in a thriving Kentucky community.

Property profile
Verified
Property type Land
Lot 3 ac (130,680 SF)
UPID US34-0904819
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
by Request
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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