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    123 Payne Ln Benton, KY 42025

    For Sale
    $365,000

    Business Opportunity, 1 Story - Grand Rivers, KY

    Days on Market:
    130
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 123 Payne Ln

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Other (Cooling)

    Building Details

    Floors in Building
    1
    Flooring type
    Carpet
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    LP Real Estate Services, LLC (270) 210-0073

    Listing agent Lenny Powley (270) 210-0073 License #276343

    Listing date Jul 30, 2025

    MLS# 130843 Listing URL

    Copyright © 2025 Western Kentucky Regional MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Location in Grand Rivers

    This one-story retail property is situated in a prime location in the heart of Grand Rivers, Kentucky. The property is located between two streets and next to the city park, grocery store, theater, Patties and T Lawsons Restaurants. It is located in a golf cart community, a short ride to Kentucky Lake and Barkly Lake. Green Turtle Bay Marina allows access to boating, and the Land Between the Lakes Recreation Park is a short drive away. The property offers endless possibilities for business ventures.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Hotel & Motel Nail Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Marshall
    State
    Kentucky
    Longitude
    -88.326174
    Latitude
    36.931352

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    FAQs

    What type of property is this?
    Retail property - Property in the heart of Grand Rivers, endless possibilities.
    Where is this retail property located?
    The property is located at 123 Payne Ln Benton, KY.
    What is the asking price?
    The asking price for this property is $365,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Grand Rivers, near city park, grocery store, theater, and restaurants.; - Located in a golf cart community with easy access to Kentucky Lake and Barkley Lake.; - Close proximity to Green Turtle Bay Marina for boating access.
    (270) 210-0073
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 Payne Ln Benton, KY 42025
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