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Property profile & analytics
OFF-MARKET
Land

0 Country Living Ln Garfield, KY 40140

1110 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1,110-acre commercial land parcel presents a unique investment opportunity in Breckinridge County, Kentucky, near Garfield (zip code 40140). Priced at $2,100,000, this property boasts a land value of $840 per acre. The expansive acreage includes approximately 262 acres of irrigated land equipped with two wells and Valley Electric Sprinklers. This irrigated area is currently in native grasses and is fenced with electric and cross fencing. The remaining 848 acres are primarily in native grasses and are currently enrolled in a 15-year grazing program, generating $18 per acre annually. A substantial home, recently remodeled to over 1,600 square feet, is situated on the property. This home features Austin Stone exterior, hardwood floors, a full basement, and a metal roof. The assessor's taxes are calculated based on a total of 3,360 square feet, encompassing the home and outbuildings. The property's location offers both country living and significant development potential, making it an attractive investment for various commercial ventures. The property is conveniently located near Texhoma, Oklahoma. Annual property taxes are estimated at $1,000.

Property profile
Verified
Property type Land
Lot 1110 ac (48,351,600 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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