15855-15897 Us Hwy, Benton, KY 42025
This exceptional 10.65-acre property, located at 15855-15897 US Hwy 68E in Benton, Kentucky (42025), presents a lucrative investment opportunity. Situated just 1.8 miles from Kentucky Lake, this land boasts significant potential for immediate income generation and future development. Currently featuring seven double-wide mobile homes and two single-wide mobile homes, all situated on permanent foundations, the property provides a steady stream of rental income. Three additional vacant lots further enhance the investment potential. The expansive acreage offers ample room for expansion, allowing for the creation of additional rental units, a glamping site, or an RV park, capitalizing on the area's thriving tourism industry driven by the proximity to Kentucky Lake. The property is classified as residential land and is zoned accordingly. Please note that lot lines are approximate and should not be considered definitive. This is a rare opportunity to acquire a substantial land parcel with existing income streams and significant upside potential in a desirable location. The asking price for this remarkable property is $925,000.
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
Similar Nearby for Sale
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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.