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    1600 Morgantown Rd Franklin, KY 42134

    For Sale
    $1,120,000

    Agriculture - Franklin, KY

    Type:Farm
    Lot size:
    32.00 Acres
    Days on Market:
    88
    Last Refresh:
    Dec 8 at 3:06 pm

    Property Features for 1600 Morgantown Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    APN
    160146
    Lot size
    32.00 Acres

    Building Details

    Architectural style
    Other

    Crye-Leike Executive Realty (270) 781-3377 [email protected]

    Listing agent Klay Kelley (270) 781-3377 License #220268

    Listing date Sep 12, 2025

    MLS# RA20251404 Listing URL

    Copyright © 2025 REALTOR® Association of Southern Kentucky, 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

    32 Acres of Agricultural Land

    This 32-acre property is located on Morgantown Road, a short distance from downtown Franklin, Kentucky. The land is currently zoned for agricultural use.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Simpson
    State
    Kentucky
    Longitude
    -86.5950338
    Latitude
    36.7520542

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    FAQs

    What type of property is this?
    Farm - 32 acres of agricultural land located minutes from downtown Franklin.
    Where is this farm located?
    The property is located at 1600 Morgantown Rd Franklin, KY.
    What is the asking price?
    The asking price for this property is $1,120,000.
    What are key features of this property?
    This property features: - 32 acres of beautiful land; - Located on Morgantown Rd; - Minutes to downtown Franklin
    (270) 781-3377
    Request Owner's contact information
    1600 Morgantown Rd Franklin, KY 42134
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    Franklin, KY 42134
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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

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    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
    1600 Morgantown Rd Franklin, KY 42134
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