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Property profile & analytics
FOR SALE
Commercial real estate

120 Cumberland Ave Jamestown, KY 42629

0.38 ac lot
Property ID
US34-0982172
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 0.38 ac (16,553 SF)
UPID US34-0982172
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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