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    Lots 4&5 Woodsdale Est Albany, KY 42602

    For Sale
    $165,000

    1.6 acres Kentucky commercial land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.633-acre commercial property in Albany, Kentucky (zip code 42602), offers a unique blend of natural beauty and development potential. Located within the Woodsdale Estates private community, the land is mostly wooded and presents an idyllic setting for a variety of commercial ventures. Included is a like-new 2022 Grand Design Momentum G-Class travel trailer, featuring a ramp door/patio, built-in gas stop, onboard generator, and ample sleeping and storage space. A substantial 32x32 outbuilding boasts a 16x32 open carport ideal for RV or boat storage, plus a fully enclosed workshop area with durable concrete floors. Modern amenities include full interior electric service, 30-amp exterior service, and on-site water. A fire pit enhances the tranquil atmosphere. The property is already perked for a 2-bedroom septic system, simplifying construction. Its prime location, just 8 miles from Dale Hollow Lake and 15 miles from Lake Cumberland, provides easy access to recreational opportunities. This versatile property is ready for immediate development, offering a rare combination of natural beauty, modern conveniences, and prime location. The asking price is $165,000.

    Property Features for 0 Lots 4&5 Woodsdale Est

    General Information

    Property type
    Land
    Lot Size
    71,133 SF

    HighLights

    • 1.63‑acre wooded lot in Woodsdale Estates, Albany, KY (42602), with a 32x32 outbuilding including a 16x32 carport and enclosed workshop with concrete floors.
    • Full interior electric, 30‑amp exterior service, and on‑site water. Includes a fire pit.
    • Septic system already installed for a 2‑bedroom dwelling.
    • 8 miles from Dale Hollow Lake and 15 miles from Lake Cumberland. Includes a like‑new 2022 Grand Design Momentum G‑Class travel trailer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albany
    County
    Clinton
    State
    Kentucky
    Longitude
    -85.1479364
    Latitude
    36.7263899

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    FAQs

    What type of property is this?
    Land - 1.6 acres Kentucky commercial land
    Where is this land located?
    The property is located at Lots 4&5 Woodsdale Est Albany, KY.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: 1.63-acre wooded lot in Woodsdale Estates, Albany, KY (42602), with a 32x32 outbuilding including a 16x32 carport and enclosed workshop with concrete floors.; Full interior electric, 30-amp exterior service, and on-site water. Includes a fire pit.; Septic system already installed for a 2-bedroom dwelling.
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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.

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    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
    Lots 4&5 Woodsdale Est Albany, KY 42602
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