Search
Agricultural Land with Crop Ground
New
For Sale
$369,900

150 Morgan Rd, Payneville, KY 40157

Payneville, KY

Property SizeContact for details
Lot Size30.86 Acres
Days on Market4

Property Features for 150 Morgan Rd

General Information

Property type Land
Property subtype Other
Standard status Active
Lot size 30.86 Acres
Listing Agency: NextHome Chism Realty
Listed By: Brian Chism · License #222383
Added: Oct 13 Changed: Oct 14 Last Checked: Oct 16 at 9:06AM
MLS# 1730604

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 30.86-acre agricultural property at 150 Morgan Rd in Payneville consists of crop ground with mostly level terrain. It is zoned R1, and the seller is willing to divide the land into parcels as small as 5 acres. Electric service is available along the property, and fiber internet service is available. Public water is across KY 144; an easement has been secured for a water line, with installation and related costs the buyer’s responsibility if service is desired.

The property has approximately 1,600 feet of road frontage. Payneville Elementary School is about 0.7 mile away. Drive times are approximately 15 minutes to Brandenburg, 30 minutes to the Fort Knox main gate, 50 minutes to Elizabethtown, and one hour to Louisville Muhammad Ali International Airport.

Current agricultural use, outdoor recreation, and a possible homesite are identified uses; any residential construction would remain subject to zoning, permits, septic approval, and other requirements.

Key Highlights

  • 30.86 acres of mostly level crop ground
  • Approximately 1,600 feet of road frontage
  • R1 zoning; seller willing to divide into parcels as small as 5 acres

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Carpet & Flooring Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 40157, KY

951
Population
364
Households
2.6
Avg Household Size
39
Median Age
17%
College-Educated
86%
High-School Grad
32.3 sq mi
ZIP Area
29
Density / Sq Mi
$55,893
Median Household Income
$48,547
Median Earnings
$306,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Open, mostly level acreage is currently in agricultural use and carries R1 zoning.
Where is this agricultural land / farmland located?
The property is located at 150 Morgan Rd Payneville, KY.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: 30.86 acres of mostly level crop ground; Approximately 1,600 feet of road frontage; R1 zoning; seller willing to divide into parcels as small as 5 acres
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again