500 Crk 1238 Arlington, KY 42021
This exceptional multi-use commercial property in Arlington, KY, presents a rare investment opportunity. The main building boasts 2,430 square feet (30' x 80'), offering ample space for a variety of businesses or uses. A detached 25' x 40' building includes a bathroom, kitchen floor drain, and electricity, providing additional versatility. The property also features a 20' x 40' fenced area encompassing an 18' x 38' swimming pool with depths ranging from 4 to 9 feet. This pool has historically supported 20-30 summer memberships, and the property's clubhouse is frequently rented for birthday parties, anniversaries, community events, and private member gatherings. Two water hookups are in place, ready for RV parking with the addition of electrical hookups. The property's strategic location near AREA 252 ATV Riding Area & Campground, Fish Lake, Doug Travis Wildlife Management Area, and Columbus State Park makes it ideally suited for a hunting lodge or similar venture, with ample space for bunk beds and seating. This unique property offers significant potential for diverse income streams and is a truly exceptional find.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.