This form is for an option to purchase residential real estate - Commercial lot or land. It contains provisons for the payment of option money and other terms of the transaction.
Kentucky Option For the Sale and Purchase of Real Estate - Commercial Lot or Land
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FAQ
The value of one acre of land in Kentucky is $7,209. The average value of the same in the United State is $6,500.
Shareable PDF. Average Kentucky farm real estate values were $4,000/acre as reported in the annual Land Values Summary released by USDA on August 6. This was 2.0% higher than 2020 and the first-time average values have reached $4,000.
Commercial property is real estate that is used for business activities. Commercial property usually refers to buildings that house businesses, but can also refer to land used to generate a profit, as well as large residential rental properties.
Average real estate value in Kentucky was $3,920/acre an increase of 2.6% from last year. Kentucky cropland value averaged $4,400/acre an increase of 2.3%, and pasture value was $3,060/acre, up 0.7% from 2019. Farmland values continue to show resilience in the face of weak commodity prices.
Recent listings in Kentucky of undeveloped land for sale totaled around 100,000 acres acres of undeveloped land and a combined market value of $516 million. The average price of undeveloped land for sale in Kentucky was $150,342.
In Gerlach, Nevada you can get land as cheap as $157 per acre. With that kind of a price tag, you know there has to be a catch2026 The first catch to get that kind of rate you would have to consider buying in bulk. For example, check out this rural lot in Gerlach, NV, which is boasting 38.1 acres for just shy of $6,000.
It means you can do absolutely whatever the heck you want. So there are no restrictions from the zoning, deed, city or town, easements, home owner or property owner associations, or municipality.
Land is Just a Smart Investment Real estate in general is usually regarded as one of the more stable investments you can make. And among the different types of real estate investments, land is especially stable and dependable as a long-term investment.
Average real estate value in Kentucky was $3,920/acre an increase of 2.6% from last year. Kentucky cropland value averaged $4,400/acre an increase of 2.3%, and pasture value was $3,060/acre, up 0.7% from 2019.