120 Cumberland Ave Jamestown, KY 42629
For Sale
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This mixed-use property, located at 120 West Cumberland Ave. in Jamestown, Kentucky, presents a compelling investment opportunity. Priced at $288,750, this 0.38-acre lot features a duplex building, ideal for rental income generation. The property's prime location offers significant advantages. It's situated just one block away from three newly established restaurants, ensuring high foot traffic and potential for increased rental demand. Furthermore, its proximity to the Jamestown Marina, boasting the title of the largest houseboat lake in the USA, provides exceptional recreational access and attracts a substantial tourist population. Ample parking is available on the property, accommodating trailers and RVs, a valuable asset given the area's recreational appeal. While the exact square footage of the building is not currently available, the substantial lot size and strategic location make this a promising investment for those seeking a high-yield property in a thriving Kentucky community. The property's zip code is 42629, and its county is 21207. The property is located at latitude 36.9831071 and longitude -85.0646301.
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
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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.