0 Xxx Cheyenne Pass Austin, KY 42123
This exceptional 0.27-acre commercial land parcel presents a unique investment opportunity in Barren County, Kentucky. Located on xxx Cheyenne Pass in the Cheyenne Valley Subdivision, this unrestricted lot offers unparalleled flexibility for development. Its prime location provides convenient access to recreational amenities, situated just two miles from the Austin Boat Ramp and 5.5 miles from the Lodge at Barren River State Park. The gently sloping terrain ensures ease of construction, and the property boasts a picturesque view of the lake. The asking price has been reduced to $45,500, making this an attractive proposition for buyers seeking a versatile commercial property in a desirable location. The unrestricted nature of the land allows for a wide range of uses, from a personal garage for boat storage to a recreational camping spot, or any other permitted commercial venture. The property's proximity to the boat ramp and state park enhances its appeal and potential for future development. This is a rare opportunity to acquire a well-situated, unrestricted commercial lot in south-central Kentucky, near Austin, KY, zip code 42123. The lot's size and location make it ideal for a variety of commercial uses, offering significant potential for return on investment. Don't miss this chance to secure this valuable piece of land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.