For Sale
$535,000

267 Hammock RdLondon, KY 40744

Prime commercial land with rental income.

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • 27-acre mixed-use property in London, KY, offering significant development potential.
  • Strategically located on Hammock Road, less than two miles from US-25, providing high visibility.
  • Three 2018 manufactured homes generating $2,100 monthly rental income.
  • Underground utilities already installed, simplifying future development.
  • Zoned for a variety of commercial uses, including retail and light industrial.
  • Asking price: $535,000.

Property Details for 267 Hammock Rd

Property type
Mixed-use properties, Land
Lot Size (sq. ft)
1,176,120 SF

Location Insight

City
London
County
Laurel
State
Kentucky
Latitude
37.0578911
Longitude
-84.0668226
267 Hammock Rd, London, Kentucky

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267 Hammock Rd
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