Hospitality

Gray, KY Hospitality Properties for Sale

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Corbin, KY Lily, KY Woodbine, KY London, KY Barbourville, KY Heidrick, KY Williamsburg, KY Girdler, KY
Mixed-Use Property with Pay Lake
Updated: Oct 3
Mixed-Use Property with Pay Lake

213 KY-1232 Highway, Gray, KY 40734

$1,300,000
3,398 sqft 48.00 AC lot
48‑acre property with a pay lake and two private ponds
Five Airbnb lodging units across the main building and separate structures
Main building has two Airbnb apartments and additional space
Bait shop and eatery space on site
Owner’s residence has 3 bedrooms and 2 baths
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Resort Property with Pay Lake
Updated: Oct 3
Resort Property with Pay Lake

213 Ky 1232, Gray, KY 40734

$1,300,000
3,398 sqft 48.00 AC lot
48 acres, including approximately 30 wooded acres
One pay lake and two private ponds
Five short‑term rental units
Bait shop/store and eatery space
Owner's residence with 3 bedrooms and 2 bathrooms
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2 active listings match your search: Hospitality for sale in Gray, KY. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Furnished Farm Retreat Estate
Furnished Farm Retreat Estate

790 McSwain Branch Rd, Irvine, KY 40336

$3,995,000
9,721 sqft 290.00 AC lot

Turnkey hospitality compound with multiple furnished cabins, farmhouse, and a 2025 retreat center designed for guest stays.

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Furnished Bed & Breakfast Estate
Furnished Bed & Breakfast Estate

790 McSwain Branch Road, Irvine, KY 40336

$3,995,000
9,721 sqft 290.00 AC lot

Furnished hospitality compound with cabins, a farmhouse, and a 2025 retreat center.

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Copper Creek Campground
Copper Creek Campground

4065 Copper Creek Road, Crab Orchard, KY 40419

$1,900,000
1,800 sqft 625.00 AC lot

Outdoor recreation property with campground facilities, ATV trails, and utility-supported RV sites.

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Copper Creek Campground
Copper Creek Campground

4065 Copper Creek Road, Crab Orchard, KY 40419

$1,900,000
625.00 AC lot

Established campground with RV and primitive sites, creek frontage, ATV trails, and operational support facilities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Unrestricted Land Near Cumberland Run
Unrestricted Land Near Cumberland Run

9999 Ky 3041 Corbin Bypass, Corbin, KY 40701

$1,200,000
12.89 AC lot

12.89 acres of unrestricted land near Cumberland Run Racetrack.

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Commercial Land Near Interstate
Commercial Land Near Interstate

2690 N 1223 Highway, Corbin, KY 40701

$650,000
12.84 AC lot

Commercial acreage with available water and nearby retail, dining, and fuel services.

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Commercial Land Near I-75
Commercial Land Near I-75

St Joseph Lane, London, KY 40741

$4,875,000
15.00 AC lot

Flexible commercial land outside city limits with no zoning restrictions and water available.

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Commercial Land Near Hospital
Commercial Land Near Hospital

St Joseph Lane, London, KY 40741

$4,875,000
15.00 AC lot

Flexible development land with water available and potential for commercial, professional, or residential projects.

View details

Gray, KY Hospitality Properties Market Trends and Statistics

Explore 2 hospitality properties for sale in Gray, KY on our real estate platform. These investment opportunities span a total of 6,796 square feet of properties for sale, with an estimated market value of $2,600,000.

Sale prices for hospitality properties in Gray, KY average $1,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Resorts 2

Demographics Overview

Population 3,633
Population Growth (5Y) -10.4%
Median Household Income $40,270
College Educated 9.5%

High-Yield Neighborhoods for Investment

Identify Gray submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40734 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.09%
Property Tax per SF $45.21 per SF
Tax Rate vs County Average 0.19 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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