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    97 Hwy S Farmington, KY 42040

    For Sale
    $1,070,000

    Farm/Ranch - Other, KY

    Type:Farm
    Lot size:
    80.00 Acres
    Days on Market:
    151
    Last Refresh:
    Dec 7 at 6:06 am

    Property Features for 97 Hwy S

    General Information

    Property type
    Land
    Property subtype
    Farm
    Standard status
    Active
    Vegetation
    Crop(s)
    Interior features
    Other-See Remarks
    Exterior features
    Barn, Crop Storage, Other-See Remarks
    Lot size
    80.00 Acres

    Building Details

    Architectural style
    Ranch
    Additional Structures
    Barn(s), See Remarks

    Greater Madisonville Realty Company (270) 926-5000

    Listing agent Laura Whitfield (270) 926-5000

    Listing date Jul 10, 2025

    MLS# 117065 Listing URL

    Copyright © 2025 Madisonville-Hopkins County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Productive 80-Acre Working Farm

    This 80-acre working farm presents an investment opportunity with rental income and agricultural infrastructure. Situated on State Route 97 South, the property is equipped with 3-phase electric service, two upright concrete silos, and a 30,000-bushel grain bin, which is currently rented for $6,000 annually. A 150-cow stall barn offers additional utility, though the roof requires some repair. The land includes timber and tillable acres, currently generating $12,960 annually in crop rent across Parcels A and B. The current farmer is open to continuing the lease. The seller will retain rights to the existing harvest payout. The property offers income potential and room to improve. Buyer is responsible for verifying property lines. The seller collects the 2025 crop and bin lease.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Farmington
    County
    Graves
    State
    Kentucky
    Longitude
    -88.5376
    Latitude
    36.6766

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    FAQs

    What type of property is this?
    Farm - Farm with rental income and agricultural infrastructure on 80 acres.
    Where is this farm located?
    The property is located at 97 Hwy S Farmington, KY.
    What is the asking price?
    The asking price for this property is $1,070,000.
    What are key features of this property?
    This property features: - Strong rental income totaling $18,960 annually.; - 80-acre working farm with productive tillable acres and timber.; - Excellent agricultural infrastructure including 3-phase electric service and a 30,000-bushel grain bin.
    (270) 926-5000
    Request Owner's contact information
    97 Hwy S Farmington, KY 42040
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    Farmington, KY 42040
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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.

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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
    97 Hwy S Farmington, KY 42040
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