0 Arthur Rd Monticello, KY 42633
This 1.15-acre commercial lot in Monticello, Kentucky, presents a unique investment opportunity. Located in Wayne County, near Lake Cumberland, this property boasts stunning lake views and offers a tranquil setting while remaining conveniently close to amenities. The lot is situated approximately 10 miles from downtown Monticello, providing easy access to local services and businesses. Outdoor enthusiasts will appreciate the proximity to recreational areas, including Camp Earl Wallace (2.8 miles), Ramsey Point Boat Ramp (3.5 miles), and Beaver Creek (12 miles). Utilities such as water and electricity are readily available nearby, simplifying the development process. The asking price for this exceptional property is $55,000. Please note that certain restrictions apply to the property. This prime location and picturesque setting make this land ideal for a variety of commercial ventures. The address is Arthur Rd, Monticello, KY 42633.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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