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Gray, KY Land for Sale

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11 properties
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Mixed-Use Pay Lake Property
Updated: Oct 3
Mixed-Use Pay Lake Property

213 KY-1232 Highway, Gray, KY 40734

$1,300,000
3,398 sqft 48.00 AC lot
48 acres with three ponds, including one pay lake
Five short‑term rental units
Bait shop/store and eatery space on the property
Owner’s residence with 3 bedrooms and 2 bathrooms
30+/- wooded acres
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Wooded Hunting Land
Updated: Jan 20
Wooded Hunting Land

1 Helton Branch Rd., Gray, KY 40734

$175,000
90.66 AC lot
90.66 acres of wooded hunting land
Multiple potential building sites for a homestead or recreational cabin
Trails extend throughout the property
Utilities available at the road
Frontage along Helton Branch Road
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Land, Gray, KY
Land, Gray, KY

171 Higgins Road, Gray, KY 40734

$40,000
0.88 AC lot

Land · 0.88 Acres

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Resort Property with Pay Lake
Resort Property with Pay Lake

213 Ky 1232, Gray, KY 40734

$1,300,000
3,398 sqft 48.00 AC lot

Five guest units, a bait shop, and eatery space complement the property's fishing and lodging components.

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Agricultural Land with Creek
Agricultural Land with Creek

State Hwy 233, Gray, KY 40734

$65,000
4.33 AC lot

Mostly cleared acreage offers varied terrain, a creek, and access for roads and utilities.

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Land, Gray, KY
Land, Gray, KY

5449 S Ky 233, Gray, KY 40734

$31,200
12.00 AC lot

Land · 12.00 Acres

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Land, Gray, KY
Land, Gray, KY

N US Hwy 25E Road, Gray, KY 40734

$399,000
20.00 AC lot

Commercial land · 20.00 Acres

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Land
Land

171 Higgins Rd, Gray, KY 40734

$40,000
38,333 sqft

Residential land & home lots · 38,333 SF

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Prime Commercial/Residential Land on US-25E
Prime Commercial/Residential Land on US-25E

999 E 25 Highway, Gray, KY 40734

$139,900
2.77 AC lot

2.77-acre lot on US-25E, ideal for business or development.

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Land, Gray, KY
Land, Gray, KY

Kentucky 6, Gray, KY 40734

$54,900
3.00 AC lot

Land · 3.00 Acres

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Wooded Commercial Land
Wooded Commercial Land

9999 US 25-E, Gray, KY 40734

$236,750
9.47 AC lot

A wooded tract along US 25E has water available and may be cleared for commercial use.

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11 active listings match your search: Land for sale in Gray, KY. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Commercial Land Parcel
Commercial Land Parcel

Cumberland Gap Pkwy lot: 8, Corbin, KY 40701

$750,000
1.50 AC lot

Commercial land parcel with water available and a retail park setting.

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Hunting Land with Gated Access
Hunting Land with Gated Access

9999 Hwy 6 Aunt Kates Branch, Woodbine, KY 40771

$45,000
17.00 AC lot

Gated access serves land with both level ground and mountainous terrain.

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Mountain Hunting Land
Mountain Hunting Land

9999 Hwy 6 Big Indian Creek Road, Woodbine, KY 40771

$45,000
19.00 AC lot

Recently timbered mountainous tract with elevated views and R zoning for outdoor recreation and hunting.

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Residential Land in Corbin, KY
Residential Land in Corbin, KY

9999 Cherry Grove #Lot 12 Way, Corbin, KY 40701

Contact for pricing
0.89 AC lot

0.89 acre lot in Cherry Grove Estates.

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Gray, KY Land Market Trends and Statistics

Explore 11 land for sale in Gray, KY, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 10,453,964 square feet of properties for sale, with an estimated market value of $3,781,750.

Sale prices for lots in Gray, KY start at $31,200, averaging $343,795, and reaching up to $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

Recreation land 3
Commercial land 2
Residential land & home lots 2
Agricultural land / Farmland 1
Hunting land 1

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 $343.8K

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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