267 Hammock Rd London, KY 40744
This exceptional 27-acre mixed-use property in London, Kentucky, presents a lucrative investment opportunity. Located at 267 Hammock Road, Laurel County, KY 40744, this strategically positioned land boasts significant road frontage less than two miles from the heavily trafficked US-25 highway, ensuring high visibility. The property includes three 2018 manufactured homes, each currently rented for $700 per month, generating consistent tenant revenue. Underground utilities are already in place, simplifying future development plans. The property's zoning allows for a variety of commercial uses, making it ideal for entrepreneurs seeking a blend of immediate income and long-term development potential. The asking price is $535,000. This is a rare chance to acquire a substantial parcel of land with existing income streams in a desirable location, offering both immediate returns and significant future upside. The property's size and location make it suitable for a wide range of commercial ventures, from retail to light industrial. The existing manufactured homes provide a stable income base while the undeveloped acreage offers substantial potential for expansion and development. Don't miss this opportunity to secure a valuable asset in a growing Kentucky market.
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.