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Property profile & analytics
OFF-MARKET
Land

0 Little Lk Vlg Dr Grand Rivers Ky Grand Rivers, KY 42045

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity encompasses 3.15 acres of subdivided, build-ready land in Grand Rivers, Kentucky. The property boasts three existing, income-generating Airbnbs situated on lots 4, 17, and 25, offering immediate return on investment. The land is strategically located less than half a mile from Patti's 1880s Settlement and Green Turtle Bay, providing stunning Lake Barkley views. Utilities are conveniently located at the front of lots 1-24, simplifying future development. Included in the sale are the plat and house plans, streamlining the building process for additional units. This prime location in Grand Rivers offers proximity to award-winning dining, shopping, festivals, and events, enhancing the appeal and potential rental income of the property. The residential zoning permits further development, making this a unique opportunity to expand an existing successful business or create a new venture in a highly desirable Kentucky lakeside community. The property's proximity to recreational activities and the vibrant atmosphere of Grand Rivers ensures strong demand and high occupancy rates for rental properties. This turnkey investment is ready for immediate income generation and future expansion.

Property profile
Verified
Property type Land
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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