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#1 Opportunity: Rural Estate / Lot Subdivision
Landowner Goal
Commercial
#1 GoalThis is the landowner’s top development goal.
Top Development Opportunities

Rural Estate / Lot Subdivision
A co-leading concept supported by Property Fit 78 and Execution Fit 77. LIP's planning scenario considers rural estate lot sales; approved lot yield, service strategy and market pricing remain unverified.

Luxury Ranchette Community
A co-leading concept with Property Fit 81, its strongest weighted factor. Market Fit 56 and preliminary Financial Fit 59 call for local demand and pricing evidence before a premium residential program is advanced.

Boat / RV Storage
A co-leading concept distinguished by Execution Fit 87. Market Fit 55 remains less developed, and the record does not establish storage rates, occupancy or project-specific returns.
Utilities at site
Bankruptcy Auction! Prime Highway Development – 54+ Ac. No Zoning. No Limits – Bid Your Price. An extraordinary commercial development opportunity is now available via online auction. This 54.25± acre tract offers dual road frontage on two major corridors delivering unmatched visibility, accessibility, and development flexibility rarely found in southeastern Kentucky. The property has been fully cleared, graded, leveled, vibratory compacted, and is shovel-ready for immediate development, with all major utilities already on site. Property Ordered Sold by U.S. Bankruptcy Court! Water: Municipal City Water at Property - Fresh Untreated Water tap on site, previously utilized by the former golf course for irrigation. Electric: Three-Phase Electricity available and on site. Gas: High-Pressure Natural Gas lines readily available on road frontages. Sewer: The Property is now Serviced by a New Municipal Sewer Connection (a $1.4 million Upgrade) Zoning & Incentives: No Zoning Restrictions Flexible Development Plan: A Proposed Subdivision Plat has been prepared dividing the 51.78± acres into 22 individual tracts, ranging from 0.50 acres to 15.00 acres, served by a network of internal 40-foot wide roadways. Design Your Final Development Plan that Suits Your Needs! Highway Frontage Tracts (Tracts 1–4A): 0.50 to 1.00+ acre pad sites with direct highway frontage, ideal for retail, restaurants, banking, fuel/convenience, or service commercial users Large Interior Tracts (Tracts 9–13): 3.75 to 15.00 acres — Tract 9 alone can encompass 15.00 acres and can be further subdivided into four parcels, offering flexibility for big-box retail, logistics, warehousing, or light industrial users Perimeter Tracts (Tracts 5–8, 14–23): 1.00 to 3.11 acres with useable acreage clearly identified, suited for mixed-use, multi-family, hospitality, or commercial pad site development The internal road network provides full access to all tracts. Selling Free & Clear Per Bankruptcy Court Order, No Back Taxes, No Liens, Title Insurance Available!
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