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    972 King Creek Rd Benton, KY 42025

    Sponsored
    For Sale
    $2,100,000

    Lakefront Resort, Turnkey Opportunity

    Property size:
    15,824 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional turnkey opportunity presents the chance to acquire Blommaert's King Creek Resort & Marina, a thriving lakeside establishment situated on Kentucky Lake near Benton, KY. Spanning over 10 acres (approximate), the property boasts eight waterfront cottages offering spectacular lake views, each equipped with covered decks and recently updated amenities. The resort also features 67 campsites, a bathhouse, and a laundry facility, providing comprehensive amenities for guests. A manager's residence is included on the property. Further enhancing the revenue streams are 46 covered and 10 open boat slips, complete with fuel and live bait sales, ensuring convenient access to deep water for boaters. The resort also includes a range of boat rental equipment, including tri-toons, pontoons, and bass trackers (a detailed inventory is available upon request). The property benefits from recurring annual bookings, demonstrating a consistent revenue stream. Significant potential exists for future expansion given the available land. The sale includes the established "King Creek Resort & Marina" name, allowing for immediate continuation of operations. This well-maintained property is ready for immediate takeover and requires no additional investment. The predominantly seasonal camper base provides a strong foundation for continued success.

    Property Features for 972 King Creek Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    15,824 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    King Creek Resort ... Resort Hotel

    Suggested Use

    Realty agency Hotel & Motel Bed & Breakfast Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Marshall
    State
    Kentucky
    Longitude
    -88.22758
    Latitude
    36.88838

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    FAQs

    What type of property is this?
    Commercial real estate - Lakefront Resort, Turnkey Opportunity
    Where is this commercial real estate located?
    The property is located at 972 King Creek Rd Benton, KY.
    What is the asking price?
    The asking price for this property is $2,100,000.
    Request Owner's contact information
    972 King Creek Rd Benton, KY 42025
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    Benton, KY 42025
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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
    972 King Creek Rd Benton, KY 42025
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