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Property profile & analytics
OFF-MARKET
Land

0 Arthur Rd Monticello, KY 42633

1.15 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.15 ac (50,094 SF)
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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