001 Pleasant Home Dr Fountain Run, KY 42123
This exceptional 0.51-acre commercial lot is situated in the desirable Edgewater Heights community, a planned development directly on the shores of Barren River Lake in Austin, Kentucky (zip code 42123). The property boasts mature shade trees and offers stunning country views. Edgewater Heights provides residents with a secure, gated entrance, well-maintained blacktop streets, convenient city water access, and year-round access to the lake via common walkways. The HOA maintains a high standard of living with light restrictions in place. A list of these restrictions is available upon request. This lot presents a unique opportunity for commercial development in a picturesque lakeside setting. Two additional adjacent lots are also available for purchase, providing the potential for expansion. The asking price is $39,000, and all offers will be considered. This property is located at 001 Pleasant Home Drive, Austin, KY, and is conveniently located near Fountain Run.
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
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.
