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Property profile & analytics
OFF-MARKET Estimated value $2,495,000
Commercial real estate

4566 Sportsman Lk Rd Elizabethtown, KY 42701-8272

30 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US34-0667724
Property summary
AI-generated overview

This exceptional business opportunity presents a thriving, established campground situated on a spacious 30-acre lot in Elizabethtown, Kentucky. Currently operating with high occupancy, the campground features 73 RV pads, catering primarily to long-term residents, but with significant potential for expansion to include tent camping and short-term rentals. The property boasts a diverse range of amenities designed to enhance the camper experience, including eight single-room cabins, a two-bedroom apartment, and a double-wide trailer for additional lodging options. Two on-site laundry facilities, a shower house, and a dedicated event room provide convenience and comfort. Recreational opportunities abound with a 3-acre pond perfect for fishing and a refreshing outdoor pool. The campground's prime location offers easy access to major transportation routes, being conveniently located just off I-65, 1.5 miles from BlueOval SK, and within a reasonable distance of several major cities: 7 miles from Elizabethtown, 50 miles from Louisville, 125 miles from Nashville, and 89 miles from Lexington. This turnkey operation presents a unique opportunity for immediate income generation and future growth, allowing for seamless takeover or customization to match an individual's vision. The property's size and existing infrastructure provide a solid foundation for expansion and diversification, making it an attractive investment with significant potential for increased profitability. The asking price is $3,900,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 30 ac (1,306,800 SF)
APN 225-00-00-053
UPID US34-0667724
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.44M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.50M
Owner & transaction history
4th Generation Properties LLC · 4 yrs held
4th Generation Properties LLC
since 2022
Last sale
$2.5M
2 recorded transactions
2022
$2.5M
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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