800 Happy Valley StCave City, KY 42127

  • Other commercial real estate
  • 9,852 SF
For Sale
$895,000 View listing

Property Details for 800 Happy Valley St

Year built
1999
Construction
WOOD
Lot size
2.26 AC
Property size (Sq ft)
9,852 SF
Zone code
COMMERCIAL
Property type
Other commercial real estate
APN
60-6F-1
APU
606F1

Description

This exceptional 15-acre commercial property, located at 800 Happy Valley Street in Cave City, Kentucky, presents a unique investment opportunity. Situated in Barren County, zip code 42127, this land is zoned B-2, offering a wide range of potential commercial uses. Its strategic location directly adjacent to Mazatlan Restaurant provides excellent visibility and accessibility. The property's proximity to Mammoth Cave National Park, a world-renowned attraction drawing over two million visitors annually, presents significant potential for businesses catering to tourism. Mammoth Cave is a UNESCO World Heritage Site and International Biosphere Reserve, ensuring ongoing high visitor numbers. The asking price for this substantial parcel is $895,000. Furthermore, this property is designated as an Opportunity Zone, offering potential tax advantages for qualified investors. This is a rare chance to acquire a large commercial tract in a high-traffic area with exceptional growth potential. The property's coordinates are 37.134625 latitude and -85.9726421 longitude. A video showcasing the property is available online.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,948,082
    Hospitality
    $1,784,433
    Educational
    $1,484,627
    Medical
    $1,535,686
    Retail
    $2,309,420
800 Happy Valley St, Cave City, Kentucky

Location Insight

City
Cave City
County
Barren
State
Kentucky
Latitude
37.1346
Longitude
-85.9726
CBSA code
23980
CBSA name
GLASGOW, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$33,674
$418,599
$2,241,300
$2,659,899
-
$418,599
$2,241,300
$2,659,899

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