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OFF-MARKET
Investment properties

3775 Hwy Centertown, KY 42328

40 ac lot Built 1960
Property ID
Property summary
AI-generated overview

This exceptional business opportunity encompasses a thriving poultry broiler house operation situated on approximately 40 fenced acres in Centertown, Kentucky. The property includes two substantial broiler houses, each measuring 40 feet by 500 feet. These structures boast recently installed upgrades, including new tunnel doors, tunnel machines, sidewall vents, stir fans, and Chore-Tronics 3 controllers. Furthermore, several new tunnel and exhaust fan motors have been added to enhance efficiency. A significant advantage is the presence of a 2-inch main water line traversing the neighboring field, ensuring a reliable water supply. The property also features a comfortable three-bedroom, one-bathroom brick house complete with a full, unfinished basement. Beyond the commercial aspects, this expansive acreage offers excellent hunting opportunities, abundant with deer, turkey, rabbits, and quail. The seller is offering this property for $525,000. An additional property located at 5797 Highway 62, Beaver Dam, KY is also available for purchase, and both properties can be acquired for a combined price of $1,325,000. Alternatively, a qualified buyer may assume the existing mortgage with a $75,000 deposit. This presents a unique chance to acquire a well-established and profitable business with significant potential for growth and expansion.

Property profile
Verified
Property type Investment properties
Year built 1960
Lot 40 ac (1,742,400 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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