451 Fairview RdWilliamstown, KY 41097
- Land
- 5.01 AC
Property Details for 451 Fairview Rd
- Lot size
- 5.01 AC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 004-00-00-006.00
- APU
- 4000000600
Description
This exceptional 5-acre property in Williamstown, KY, presents a unique investment opportunity. The main structure is a substantial 7,000 square foot steel building situated on a concrete slab. Over 1,000 square feet of the building is climate-controlled, offering versatile space for a variety of uses. The property previously functioned as a commercial warehouse, incorporating office space, a climate-controlled production room, a wood shop, a bathroom, and a break area. However, its adaptability extends far beyond its previous configuration. The mostly flat 5-acre lot provides ample space for a multitude of potential developments, including a minifarm or a barndominium, potentially with up to three stories of living space. Enjoy breathtaking views from this peaceful country setting, conveniently located just 12 minutes from I-75 for easy access to major transportation routes. City water and sewer services are readily available. Its proximity to the Ark Encounter (10 miles) makes this property ideally suited for short-term rental operations. This property offers a rare blend of convenience, space, and potential, making it an attractive proposition for discerning investors and entrepreneurs alike.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $21,475,846
- Hospitality
- $19,671,760
- Educational
- $16,366,673
- Medical
- $16,929,548
- Retail
- $25,459,270
Location Insight
- City
- Williamstown
- County
- Pendleton
- State
- Kentucky
- Latitude
- 38.6972
- Longitude
- -84.4993
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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