267 Hammock RdLondon, KY 40744

Property Details for 267 Hammock Rd

Lot size

27.00 AC

Property type

Other commercial real estate

Property subtype

Multifamily properties

Description

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.

Location Insight

City

London

County

Laurel

State

Kentucky

Latitude

37.0579

Longitude

-84.0668

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