416 Old State Rd Scottsville, KY 42164
This exceptional 12.91-acre property presents a unique investment opportunity in Scottsville, Kentucky. Ideally situated at 416 E Old State Rd, this land boasts significant highway frontage: 1,393 feet along US Highway 231 and 705 feet along E Old State Road. Its prime location makes it perfect for a variety of commercial or industrial developments. The property's accessibility is further enhanced by the availability of sewer service across US Highway 231, and electricity is readily available on-site. This "pad-ready" site is ready for immediate development, eliminating the need for extensive site preparation. The Allen County location and convenient access to US Highway 231 offer unparalleled visibility and ease of access for potential businesses. The property's APN is 27-33C. This is a rare chance to acquire a large parcel of land with excellent highway visibility in a growing Kentucky market. The asking price for this exceptional property is $1,200,000.
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.