0 Country Living Ln Garfield, KY 40140
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.
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.