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Property profile

15 Campton Rd Slade, KY 40376

OFF-MARKET
Commercial real estate
8.44 ac lot
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Property summary

AI-generated overview

This exceptional 8.44-acre property presents a remarkable investment opportunity in the heart of Kentucky's Red River Gorge. Boasting 2.207 acres of cleared land and 6.23 acres of forested hillside, this strategically located parcel offers 350+ feet of road frontage along Highway 15, ensuring high visibility from the Mountain Parkway, a thoroughfare with over 54,000 weekly travelers. Its proximity to Slade (just 2.5 miles away) and a proposed resort further enhances its potential. The Red River Gorge's renowned reputation for world-class outdoor recreation, including climbing, hiking, and biking, attracts a significant influx of tourists annually. This is amplified by a new golf course currently under development, promising increased visitor numbers. The property's versatility allows for diverse development options, including restaurants, distilleries, family entertainment centers, or adventure parks, all perfectly aligned with the area's thriving tourism sector. A new shopping village under construction adjacent to the property guarantees consistent foot traffic. The seller is offering flexible land division options, and additional acreage is available for purchase, providing further expansion possibilities. This is a unique chance to capitalize on the explosive growth of this popular destination. The property is priced at $405,000.

Property profile

Verified
Property type Commercial real estate
Lot 8.44 ac (367,646 SF)

Cap rate & NOI

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

Location

15 Campton Rd Slade, KY 40376
Slade metro
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Value estimations

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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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