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    209 Tunnel Hill Rd Elizabethtown, KY 42701

    Sponsored
    For Sale
    $2,500,000

    Established Campground with Expansion Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional 10.65-acre business opportunity presents a thriving, currently operational campground ideally situated just off I-65. The property boasts 48 RV pads, currently utilized for long-term rentals, offering immediate income potential. However, the campground's design easily allows for the addition of tent camping and short-term rentals, significantly increasing revenue streams. Existing infrastructure includes three one-room cabins, an apartment, and a double-wide trailer, providing diverse accommodation options. Campers enjoy a comprehensive range of amenities: an on-site laundry facility, shower house, recreation room, and a propane fill station. Recreational opportunities include fishing in a small pond and a refreshing outdoor pool. The property's strategic location offers unparalleled accessibility. It's conveniently located 10 miles from the BlueOval SK facility, 2 miles from Elizabethtown, 43 miles from Louisville, 133 miles from Nashville, and 84 miles from Lexington. This turnkey operation presents a unique chance to acquire a profitable business, either continuing its current successful model or implementing your own vision for expansion and growth. The property's size and existing infrastructure provide ample room for future development and enhancement. This is a rare opportunity to own a well-established and highly profitable campground in a prime location with significant growth potential.

    Property Features for 209 Tunnel Hill Rd

    General Information

    Property type
    Investment properties
    Lot Size
    463,914 SF

    Building Details

    Year Built
    1980
    Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Auto Repair Shop Hair Salon Gym & Fitness Hotel & Motel Kitchen & Bath Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Elizabethtown
    County
    Hardin
    State
    Kentucky
    Longitude
    -85.81745
    Latitude
    37.72408

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    FAQs

    What type of property is this?
    Investment property - Established Campground with Expansion Potential
    Where is this investment property located?
    The property is located at 209 Tunnel Hill Rd Elizabethtown, KY.
    What is the asking price?
    The asking price for this property is $2,500,000.
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    209 Tunnel Hill Rd Elizabethtown, KY 42701
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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
    209 Tunnel Hill Rd Elizabethtown, KY 42701
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