Tillable Farm with
For Sale
$2,795,375
5320 Morgantown Road, Franklin, KY 42134
Rural farm with leased cropland, a residence, wooded acreage, wildlife, and road access from Morgantown Road.
Property Size1,384 SF
Price / SF$2,019
Days on Market904
Property Features for 5320 Morgantown Road
General Information
Standard status
Active
Size
1,384 SF
Property subtype
Farm
Amenities
Central Air
3
Shingle
Vinyl
Mature Landscaping. Rural, In County, Farm.
Building Details
Year Built
1954
Listing Agency:
Real Estate Services
(270) 776-7311
Listed By:
Landmark Partners
Source:
Xome
Added: Mar 12, 2024
Changed: Aug 31
Last Checked: Aug 31 at 2:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Services
Investment Insights
Based on property information with market context.
This farm encompasses 178 +/- acres, including 153 acres of tillable ground that is currently leased with terms negotiable. The property also includes a partially wooded area with active wildlife and a house offering approximately 1,300 square feet. Built in 1954, the home has central air and is currently leased. Exterior details include vinyl siding, a shingle roof, and mature landscaping.
The property fronts Morgantown Road and is approximately 6 minutes from 31W, 20 minutes from Highway 68-80, and one hour from Nashville. Its rural, in-county setting and available road access support agricultural use along with the residential and other uses identified for the property. The sale is offered as-is.
The property fronts Morgantown Road and is approximately 6 minutes from 31W, 20 minutes from Highway 68-80, and one hour from Nashville. Its rural, in-county setting and available road access support agricultural use along with the residential and other uses identified for the property. The sale is offered as-is.
Key Highlights
- 178 +/- acres with 153 acres of tillable land
- Tillable acreage currently leased; lease terms negotiable
- Approximately 1,300 +/- SF house built in 1954
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 42134, KY
18,881
Population
8,138
Households
2.3
Avg Household Size
40
Median Age
17%
College-Educated
89%
High-School Grad
212.7 sq mi
ZIP Area
89
Density / Sq Mi
$55,347
Median Household Income
$36,557
Median Earnings
$1,002
Median Rent
$193,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Farm - Rural farm with leased cropland, a residence, wooded acreage, wildlife, and road access from Morgantown Road.
Where is this farm located?
The property is located at 5320 Morgantown Road Franklin, KY.
What is the asking price?
The asking price for this property is $2,795,375.
What are key features of this property?
This property features: 178 +/- acres with 153 acres of tillable land; Tillable acreage currently leased; lease terms negotiable; Approximately 1,300 +/- SF house built in 1954
