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Property profile

0 Ray Peek Rd Marion, KY 42064

OFF-MARKET
Land
117 ac lot
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Property summary

AI-generated overview

This exceptional 117-acre Kentucky farm, located on Ray Peek Rd in Marion, Crittenden County (zip code 42064), presents a unique investment opportunity. Priced at $574,900, this property boasts a diverse landscape, ideal for hunting and potential agricultural use. Approximately half of the land is tillable, currently planted, while the remaining acreage is wooded, providing excellent habitat for wildlife. The property's significant feature is Livingston Creek, which creates a natural duck hole, enhanced by an existing duck blind situated in the southeast corner. This area can be strategically flooded to optimize duck hunting conditions. The wooded areas offer abundant opportunities for deer and turkey hunting. A previous timber cruise estimated the timber value at approximately $100,000. The land value is calculated at $4,913.68 per acre. This property offers a blend of recreational and potential agricultural income, making it an attractive investment for those seeking a versatile Kentucky landholding. The property's location in Marion, KY provides convenient access while maintaining a secluded, natural setting. This is a rare opportunity to own a well-appointed hunting and recreational property with significant potential.

Property profile

Verified
Property type Land
Lot 117 ac (5,096,520 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ray Peek Rd Marion, KY 42064
Marion metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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