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    Eagle Point Dr Albany, KY 42602

    For Sale
    $99,000

    1.015 Acres, Stunning Lake Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.015-acre commercial land parcel, identified as Lots #15 & #16 in Franklin Estates, presents a unique investment opportunity in Albany, Kentucky. Situated in Clinton County, this property boasts breathtaking views of Dale Hollow Lake, a highly desirable feature for potential development. The land is conveniently located just four miles from Wisdom Dock, providing easy access to lake activities. Priced at $99,000, this lot offers significant potential for various commercial ventures, capitalizing on its prime location and picturesque setting. The address is Eagle Point Drive, Albany, KY 42602, and the property's latitude and longitude coordinates are 36.6395116, -85.2380444 respectively. Given its proximity to the lake and the established community of Franklin Estates, this parcel is ideal for businesses catering to recreational activities or those seeking a scenic location. The relatively small acreage makes it suitable for a variety of development options, from smaller commercial buildings to specialized lakefront services. Serious inquiries are encouraged to explore the possibilities of this remarkable property. The property is zoned for commercial use.

    Property Features for 0 Eagle Point Dr

    General Information

    Property type
    Land
    Lot Size
    44,213 SF

    HighLights

    • 1.015‑acre commercial lot in desirable Franklin Estates, Albany, KY.
    • Breathtaking Dale Hollow Lake views in Clinton County.
    • Four miles from Wisdom Dock, offering easy lake access.
    • Priced at $99,000, ideal for various commercial ventures.
    • Located at Eagle Point Drive, Albany, KY 42602 (36.6395116, -85.2380444).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albany
    County
    Clinton
    State
    Kentucky
    Longitude
    -85.2380444
    Latitude
    36.6395116

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    FAQs

    What type of property is this?
    Land - 1.015 Acres, Stunning Lake Views
    Where is this land located?
    The property is located at Eagle Point Dr Albany, KY.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: 1.015-acre commercial lot in desirable Franklin Estates, Albany, KY.; Breathtaking Dale Hollow Lake views in Clinton County.; Four miles from Wisdom Dock, offering easy lake access.
    (606) 328-6979
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    Eagle Point Dr Albany, KY 42602
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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
    Eagle Point Dr Albany, KY 42602
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