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Investment Highlights

  • Prime Downtown Location, on the outskirts on the way to Grayson Lake

Executive Summary

Prime Downtown Location on the outskirts of town, on your way to the popular Grayson Lake, only 10 minutes further down the road. 3.45 acres consist of 2.96 acres zoned commercial and .49 acres of vacant residential lot. The residential lot had a house at one point but has been gone for a long time. Buyer can pursue having the lots combined to 3.45 total acres for commercial or Buyer can submit offer for just 2.96 acres by itself. Seller is also open to a land build to suit lease contract. Land is across from Dollar General. The 2.96 acres was appraised in April 2023, it appraised for $706,500. That did not include the extra .49 acres that we are including. Buyer will get immediate equity. This is priced to sell. Owner/Agent

Attachments

Plat

Property Facts

Price $550,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Bank
  • Fast Food
  • General Freestanding
Total Lot Size 3.45 AC

1 Lot Available

Lot

Price $550,000
Price Per AC $159,420.29
Lot Size 3.45 AC

Description

Prime Downtown Location on the outskirts of town, on your way to the popular Grayson Lake, only 10 minutes further down the road. 3.45 acres consist of 2.96 acres zoned commercial and .49 acres of vacant residential lot. The residential lot had a house at one point but has been gone for a long time. Buyer can pursue having the lots combined to 3.45 total acres for commercial or Buyer can submit offer for just 2.96 acres by itself. Seller is also open to a land build to suit lease contract. Land is across from Dollar General. Listing Agent is wife of seller.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
105-10-00-001.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$159,500
  • Listing ID: 34907101

  • Date on Market: 2/21/2025

  • Last Updated:

  • Address: 5 Carol Malone Boulevard, Grayson, KY 41143

Contact the Sale Advisor

5 Carol Malone Boulevard - 3.45 Acres Commercial Lot - Grayson, KY

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