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    15855-15897 Us Hwy 68E Benton, KY 42025

    Sponsored
    For Sale
    $925,000

    10.65 Acres, High Rental Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 10.65-acre property, located at 15855-15897 US Hwy 68E in Benton, Kentucky (42025), presents a lucrative investment opportunity. Situated just 1.8 miles from Kentucky Lake, this land boasts significant potential for immediate income generation and future development. Currently featuring seven double-wide mobile homes and two single-wide mobile homes, all situated on permanent foundations, the property provides a steady stream of rental income. Three additional vacant lots further enhance the investment potential. The expansive acreage offers ample room for expansion, allowing for the creation of additional rental units, a glamping site, or an RV park, capitalizing on the area's thriving tourism industry driven by the proximity to Kentucky Lake. The property is classified as residential land and is zoned accordingly. Please note that lot lines are approximate and should not be considered definitive. This is a rare opportunity to acquire a substantial land parcel with existing income streams and significant upside potential in a desirable location. The asking price for this remarkable property is $925,000.

    Property Features for 15855-15897 Us Hwy 68E

    General Information

    Property type
    Land
    Lot Size
    463,914 SF

    HighLights

    • 10.65‑acre property located at 15855‑15897 US Hwy 68E, Benton, KY 42025.
    • 1.8 miles from Kentucky Lake.
    • Nine mobile homes (seven double‑wide, two single‑wide) on permanent foundations generate rental income.
    • Three vacant lots available for future development.
    • Zoned residential.
    • Asking price: $925,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Benton
    County
    Marshall
    State
    Kentucky
    Longitude
    -88.2397271
    Latitude
    36.8464351

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    FAQs

    What type of property is this?
    Land - 10.65 Acres, High Rental Potential
    Where is this land located?
    The property is located at 15855-15897 Us Hwy 68E Benton, KY.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: 10.65-acre property located at 15855-15897 US Hwy 68E, Benton, KY 42025.; 1.8 miles from Kentucky Lake.; Nine mobile homes (seven double-wide, two single-wide) on permanent foundations generate rental income.
    (270) 331-4747
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    15855-15897 Us Hwy 68E Benton, KY 42025
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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
    15855-15897 Us Hwy 68E Benton, KY 42025
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