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    OFF-MARKET
    Land

    15855-15897 Us Hwy, Benton, KY 42025

    10.65 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 10.65 ac (463,914 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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    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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