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Property profile & analytics
OFF-MARKET
Commercial real estate

42 Homestead Ln Monticello, KY 42633

0.68 ac lot
Property ID
US34-2030129
Property summary
AI-generated overview

This exceptional 0.68-acre retail property, located at 42 Homestead Ln, Monticello, KY 42633, presents a unique investment opportunity. Situated within Monticello city limits, this property offers high visibility and convenient access. The land is ideal for a variety of retail ventures, benefiting from its size and prime location. Wayne County's thriving community provides a strong customer base for any retail establishment. The property's 0.68-acre lot provides ample space for building expansion or outdoor display areas, enhancing the potential for business growth. The address is easily accessible via a blacktop driveway. Proximity to Lake Cumberland (10 miles to Beaver Creek and Conley Bottom) offers additional recreational opportunities for potential customers and employees. This property is ready for immediate development, presenting a rare chance to establish a successful retail business in a desirable Kentucky location. The property's location offers easy access to local amenities, ensuring convenience for both business operations and customer traffic. This is a prime opportunity for entrepreneurs seeking a well-positioned retail space in a growing community. The property's size and location make it an attractive investment for those seeking a strong return on investment in the Kentucky retail market. The existing blacktop driveway ensures easy access for customers and deliveries.

Property profile
Verified
Property type Commercial real estate
Lot 0.68 ac (29,621 SF)
UPID US34-2030129
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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