845 Flint Ridge RdHorse Cave, KY 42749

  • Commercial real estate
  • 25,000 SF

Property Details for 845 Flint Ridge Rd

Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
57.00 AC
Property size (Sq ft)
25,000 SF
Property type
Commercial real estate
APN
046-00-00-055.00
APU
46000005500

Description

This exceptional 53-acre development opportunity boasts unparalleled visibility and accessibility, situated directly off Interstate 65 in Horse Cave, Kentucky. The property, identified by APN 046-00-00-055.00, is located at 845 Flint Ridge Rd, Horse Cave, KY 42749 (37.2085136, -85.9395797) and offers a unique blend of commercial and industrial potential. Currently without zoning restrictions, this expansive parcel presents a blank canvas for a wide array of development projects. The land's significant size, coupled with its prime location, makes it an ideal site for various uses, from large-scale industrial facilities to retail centers. A pre-existing retail pad is already in place, providing a head start for developers seeking to capitalize on the high-traffic area. The property's strategic position near I-65 ensures excellent connectivity and visibility, attracting significant attention from potential customers and businesses. This presents a rare chance to acquire a substantial tract of land with immense development potential in a rapidly growing region. Serious inquiries are encouraged to explore the possibilities this remarkable property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,894,640
    6.5%
    $4,518,130
    7%
    $4,195,410
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,152,000
    Geo Method
    $2,152,000
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $8,502,290
    Retail / Commercial
    $4,436,840
    Mixed-Use / Specialty
    $4,481,630
    Hospitality / Lodging
    $3,366,940
    Office
    $4,518,130
    Institutional / Educational
    $4,680,750
    Residential Income
    $5,476,480
    Multifamily
    $6,232,200
    Automotive / Energy
    $4,012,070
    Parking / Income-Based Land
    $1,324,640
    Restaurant / Food Service
    $2,460,280
    Healthcare / Senior Housing
    $4,533,680

Location Insight

City
Horse Cave
County
Hart
State
Kentucky
Latitude
37.2076
Longitude
-85.941

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,157
-
-
$2,326,140
-
-
-
$2,326,140

FAQs

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