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    Land

    0 Lots 4&5 Woodsdale Est, Albany, KY 42602

    1.63 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.633-acre commercial property in Albany, Kentucky (zip code 42602), offers a unique blend of natural beauty and development potential. Located within the Woodsdale Estates private community, the land is mostly wooded and presents an idyllic setting for a variety of commercial ventures. Included is a like-new 2022 Grand Design Momentum G-Class travel trailer, featuring a ramp door/patio, built-in gas stop, onboard generator, and ample sleeping and storage space. A substantial 32x32 outbuilding boasts a 16x32 open carport ideal for RV or boat storage, plus a fully enclosed workshop area with durable concrete floors. Modern amenities include full interior electric service, 30-amp exterior service, and on-site water. A fire pit enhances the tranquil atmosphere. The property is already perked for a 2-bedroom septic system, simplifying construction. Its prime location, just 8 miles from Dale Hollow Lake and 15 miles from Lake Cumberland, provides easy access to recreational opportunities. This versatile property is ready for immediate development, offering a rare combination of natural beauty, modern conveniences, and prime location. The asking price is $165,000.

    Property profile
    Verified
    Property type Land
    Lot 1.63 ac (71,133 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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