Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    70+/-Acres Hunting Property Sandy Hook, KY 41171

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Kentucky land, development potential.

    Property Features for 0 70+/-Acres Hunting Property

    General Information

    Property type
    Farms
    Lot Size
    3,049,200 SF

    We can help!

    Listing Contact
    Deborah Manning
    Deborah Manning

    Listing Agency: Manning Realty Listing Agent: Deborah Manning

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 70-acre property in Elliott County, Kentucky, presents a unique investment opportunity. Situated at the end of Keith Whitley Boulevard, the land encompasses lots 5 through 11 within Sandy Hook city limits, with the remaining acreage outside the city limits. The property's strategic location at the terminus of an existing housing and apartment development suggests significant potential for future expansion. Envision a new residential development, a thriving tiny home community, modern apartment buildings, or a tranquil senior living complex. Alternatively, build your dream home and enjoy the expansive wooded acreage. The possibilities are truly limitless. The asking price is $119,900. The property's address is 70+/- acres Hunting Property, Sandy Hook, KY 41171. This versatile land offers a blend of accessibility and seclusion, making it an ideal canvas for a variety of development projects or a private retreat. The property is zoned for commercial and farm use. Its location offers both the convenience of city proximity and the tranquility of rural Kentucky.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sandy Hook
    County
    Elliott
    State
    Kentucky
    Longitude
    -83.1434573
    Latitude
    38.0956426

    Nearby Similar for Sale

    • $674,760
      199.00 Acres

      Kentucky Farm with River Frontage

      199-acre working farm with river frontage near Sandy Hook, KY.
      2274 Key 7 S, Sandy Hook, KY 41171
      View Details
    • $239,800

      Former Frosty Freeze Property

      Commercial property with road frontage and city utilities in Sandy Hook.
      566 16, Sandy Hook, KY 41171
      View Details

    FAQs

    What type of property is this?
    Farm - Prime Kentucky land, development potential.
    Where is this farm located?
    The property is located at 70+/-Acres Hunting Property Sandy Hook, KY.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: 70+/- acre property in Sandy Hook, KY, listed at $119,900.; Located at the end of Keith Whitley Boulevard, encompassing lots 5-11 within Sandy Hook city limits, with remaining acreage outside city limits.; Zoned for commercial and farm use, offering potential for residential development (including apartments, tiny homes, or senior living), or a private estate.
    (606) 776-1404 Call to check price and availability
    Request Owner's contact information
    70+/-Acres Hunting Property Sandy Hook, KY 41171
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    70+/-Acres Hunting Property
    Sandy Hook, KY 41171
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    70+/-Acres Hunting Property Sandy Hook, KY 41171
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Deborah Manning
    Deborah Manning
    (606) 776-1404 (606) 755-5973
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!