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Property profile & analytics
OFF-MARKET
Land

000 Homewood Dr Madisonville, KY 42431

48 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 48-acre property located at 000 Homewood Drive, Madisonville, KY 42431 presents a unique opportunity for both estate living and investment. Situated within city limits, this land boasts multiple access points from north, south, and west, offering unparalleled convenience and flexibility. The property is zoned residential, allowing for potential development into individual lots, making it an attractive investment prospect. Approximately 5 acres are cleared and have been previously used for crop cultivation, while the remaining acreage is wooded, providing a blend of open and natural landscapes. All utilities are either readily available or already present on the site, simplifying development plans. This expansive parcel offers the rare combination of a tranquil, spacious setting with the advantages of city proximity. The property's size and zoning make it ideal for a large estate, a subdivision project, or a combination of both. With its versatile nature and prime location, this land presents a compelling opportunity for discerning buyers seeking a significant investment or a remarkable place to build their dream home. The property's latitude and longitude coordinates are 37.3162147, -87.5043388.

Property profile
Verified
Property type Land
Lot 48 ac (2,090,880 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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