Property profile

0 Tr Johnson Rd Olive Hill, KY 41164

OFF-MARKET
Land
47 ac lot
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Property summary

AI-generated overview

This exceptional 47-acre property presents a unique investment opportunity in Elliott County, Kentucky. Located on Tr Johnson Rd, Olive Hill, KY 41164 (38.1866098, -83.2429272), this expansive land parcel boasts significant potential for diverse uses. The land is currently wooded, featuring established timber, making it ideal for hunting enthusiasts. Its proximity to public land further enhances its recreational appeal. Beyond recreational pursuits, the property's commercial viability is underscored by the availability of utilities along the county road. This includes a significant advantage: high-speed fiber optic internet service, catering to modern business needs. The asking price for this remarkable 47-acre tract is $97,500. This presents a compelling opportunity for those seeking a blend of recreational enjoyment and commercial development potential in a desirable Kentucky location. The property is classified as both Commercial and Hunting/Recreational land. Serious inquiries are encouraged to explore the full potential of this versatile property.

Property profile

Verified
Property type Land
Lot 47 ac (2,047,320 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tr Johnson Rd Olive Hill, KY 41164
Olive Hill metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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