240+/- acres - Flexible Zoning, Divisible Parcels

Hidden Valley Road Catlettsburg, KY 41129

Hidden Valley Road, Catlettsburg, KY, 41129
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FOR SALE
Property Type:
Residential Land Development
Amount:
$5,500,000
Last Verified:
Jan 04, 2024

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Description

Seize the chance to own a substantial parcel of prime real estate, poised for a multitude of development visions. This expansive acreage offers the unique flexibility of rezoning to accommodate your specific project, whether it be industrial, manufacturing, hospitality, residential, retail, multi-family, or office space. Local authorities are cooperative and ready to support the transformation of this land to suit the buyer's aspirations. Strategically positioned with easy freeway access, this property is not only accessible but also sits near the highly anticipated quarter horse track and expected industrial site, ensuring a surge of economic activity and growth potential in the near future. Its proximity to the Marathon Oil Refinery further amplifies its strategic importance, ideal for businesses seeking to leverage the industrial and commercial prospects of the area. The possibilities here are limitless, with the freedom to subdivide and adapt the land to your vision. Whether creating a custom residential haven, an expansive retail destination, an innovative office complex, or supporting the incoming industrial wave, this property offers the canvas for your blueprint. Take advantage of this rare offering where location, versatility, and potential converge.

Visibility and access to I-64

Lot Size: 240.44 acres

Map of Hidden Valley Road, Catlettsburg, KY, 41129

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.