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Property profile & analytics
OFF-MARKET
Land

0 Butler Ridge Rd Albany, KY 42602

2.62 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.62-acre commercial property in Albany, Kentucky, is ideally situated just five minutes from the Wolf River Resort and Marina on Dale Hollow Lake. The land boasts existing infrastructure including septic, water, and electricity, significantly reducing development costs. Currently improved with three campers and a cabin needing finishing touches, plus two newly constructed, fully furnished rental cabins (each sleeping up to six guests with a full bathroom), this property presents a turnkey opportunity. These existing rental cabins offer immediate income potential, making it an attractive investment as an Airbnb or campground. The tranquil setting, overlooking a pond, provides a serene atmosphere. Located in Clinton County, KY, with the zip code 42602, this property offers a rare blend of recreational appeal and commercial viability, making it an excellent investment in a highly desirable location. The property's proximity to Dale Hollow Lake enhances its attractiveness to tourists and outdoor enthusiasts. This is a unique chance to acquire a well-positioned commercial land parcel with existing income-generating structures. The existing infrastructure and the lake's proximity make this a compelling investment opportunity.

Property profile
Verified
Property type Land
Lot 2.62 ac (114,127 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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