301 Indian Mound Drive
Mt Sterling, KY, 40353 $ 6,689,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 46,199
for $6,689,000. The lot size is 33.45.
PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY - ±33.445 ACRES Location! Location! Location! An exceptional opportunity to acquire approximately 33.445 acres of prime commercial real estate strategically situated between Walmart and JCPenney off the busy Indian Mound Bypass in Mount Sterling, Kentucky. Positioned in an established retail corridor alongside nationally recognized retailers, this expansive property offers tremendous potential for commercial development. Its desirable location makes it an attractive opportunity for investors, developers, and businesses seeking to establish or expand their presence in the growing Mount Sterling market. With approximately 33.445 acres available, the property offers flexibility for a variety of potential developments, including retail shopping centers, grocery stores, car dealerships, restaurants, hotels, medical facilities, professional offices, entertainment venues, and other commercial uses, subject to applicable zoning and development approvals. Opportunities to acquire a commercial tract of this size in such a desirable retail location are increasingly difficult to find. Whether you're envisioning a major retail development, a multi-business commercial destination, or a long-term investment, this property offers the acreage, location, and potential to bring your vision to life. Invest in the future of Mount Sterling with this outstanding commercial real estate opportunity.
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FeaturesGeneralUtilities Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
Zoning B-2
Property Subtype Unimproved Land
Current Use Unimproved
Parcel Number 023-00-00-026.00
County Montgomery
New Construction N
Property Type Land
Subdivision Name Commercial
Possible Use Professional Residential Recreational Pasture Horses Commercial Cattle Agricultural
Status Active
Directions Take exit 113 off of I-64 and head south then make a right turn on Indian Mound Drive bypass and property will be on your right between Walmart and JCPenney.
City Mt Sterling
Zoning Description B2
MLS Area 018 - Montgomery County
Lot Size Units Acres
Lot Size Square Feet 1456864.2
Land Lease Y/N N
MLS Area Minor 018 - Montgomery County
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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ExteriorLot Size Area 33.45
Lot Size Acres 33.45
Crops Included Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList Byshannon@shannondenniston.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $46,199
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Mt Sterling, KY
Average List Price $710,774
Percent of Sale Price 89%
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/9/2026 | $6,689,000 | | Listed Price |