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    For Sale (32)

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    Lawrenceburg Land For Sale
    Contact for pricing
    0.64 Acres

    Lawrenceburg Land For Sale

    Land for sale near downtown Lawrenceburg, Kentucky.

    538 Lincoln St, Lawrenceburg, KY 40342
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    Prime Commercial Land in London
    $5,800,000
    22.00 Acres

    Prime Commercial Land in London

    22-acre commercial land with 17,000 sqft building in London, KY

    339 Old Whitley Rd, London, KY 40744
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    Land in Owingsville City Limits
    $89,900
    7.82 Acres

    Land in Owingsville City Limits

    7.82 acres of leveled land, ideal for investment.

    611 High St, Owingsville, KY 40360
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    Commercial Property in London, KY
    $750,000
    6,000 SF

    Commercial Property in London, KY

    Commercial property featuring 6,000 square feet on 6 acres.

    40 Highlands Diversified Dr, London, KY 40741
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    46-Unit Motel Near I-75
    $900,000
    19,892 SF

    46-Unit Motel Near I-75

    Income-producing 46-unit motel on 1.4 acres near I-75.

    1798 S Wilderness Rd, Mount Vernon, KY 40456
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    Land For Sale, London, KY
    $35,000
    0.53 Acres

    Land For Sale, London, KY

    Commercial land available in London, Kentucky.

    205 Valley Ln, London, KY 40744
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    Land For Sale, Lawrenceburg
    Contact for pricing
    0.26 Acres

    Land For Sale, Lawrenceburg

    Land for sale near downtown Lawrenceburg, Kentucky.

    540 Lincoln St, Lawrenceburg, KY 40342
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    Updated Home with Income Potential
    $379,900
    2,234 SF

    Updated Home with Income Potential

    Updated 1906 home in Danville, Kentucky, with commercial potential.

    424 S 4Th St, Danville, KY 40422
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    Land For Sale, London, KY
    $249,000
    9.64 Acres

    Land For Sale, London, KY

    9.64 acre land parcel suitable for residence or development.

    8888 Smith Brewer Rd, London, KY 40744
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    Versatile Land in Desirable Area
    $345,000
    29.36 Acres

    Versatile Land in Desirable Area

    29.36 acres of gently rolling land near town.

    Clarks Run Rd, Maysville, KY 41056
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    Maysville Land Opportunity
    $90,000
    6.00 Acres

    Maysville Land Opportunity

    6+/- acre lots for residential development or homestead.

    Clarks Run Rd, Maysville, KY 41056
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    Secluded Mountainous Land For Sale
    $199,900
    70.00 Acres

    Secluded Mountainous Land For Sale

    70+/- acres of wooded land with utilities near West Liberty.

    1065 Brushy Fork Rd, West Liberty, KY 41472
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    Hillsboro Farm with Income Potential
    $699,000
    2,376 SF

    Hillsboro Farm with Income Potential

    29.7-acre farm with main house, guest house, and barns.

    604 Sunset Rd, Hillsboro, KY 41049
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    Richmond, KY Commercial Land
    $3,200,000
    16.00 Acres

    Richmond, KY Commercial Land

    16 acres of B-3 commercial land on Robert Martin Bypass.

    999 Dr Robert R Martin Byp, Richmond, KY 40475
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    Harrodsburg Vacant Building Lot
    Contact for pricing
    0.29 Acres

    Harrodsburg Vacant Building Lot

    Vacant lot in established neighborhood with utilities available.

    148 Grace Ct, Harrodsburg, KY 40330
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    Commercial Land on US Hwy 127
    $200,000
    1.64 Acres

    Commercial Land on US Hwy 127

    Prime commercial land with high visibility and accessibility on US Hwy 127.

    77 Jeffries Ln, Hustonville, KY 40437
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    Lakeview Land in Gated Community
    $45,000
    1.86 Acres

    Lakeview Land in Gated Community

    Nearly 2 acres of lakeview land in a gated community.

    8 Beechwood Dr, Nancy, KY 42544
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    Commercial Space in Irvine, KY
    $409,000
    4,788 SF

    Commercial Space in Irvine, KY

    Retail property for sale with high visibility and ample parking.

    209 211 & 213, Irvine, KY 40336
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    Vacant Land in Maysville, KY
    Contact for pricing
    1.10 Acres

    Vacant Land in Maysville, KY

    Approximately 1.10 acres of vacant land for sale.

    734 Lexington St, Maysville, KY 41056
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    Residential Land in Flemingsburg, KY
    Contact for pricing
    0.35 Acres

    Residential Land in Flemingsburg, KY

    Building lot with mature trees, city utilities available.

    232 Mills Ave, Flemingsburg, KY 41041
    View details
    Residential Land in Firebrook Subdivision
    $62,000
    0.21 Acres

    Residential Land in Firebrook Subdivision

    Residential land for sale in Richmond, Kentucky's Firebrook Subdivision.

    Seminole Trl, Richmond, KY 40475
    View details
    Richmond, KY Land For Sale
    $3,200,000
    3.41 Acres

    Richmond, KY Land For Sale

    3.413 acres of land available in Richmond, Kentucky.

    999 Dr Robert Martin Byp, Richmond, KY 40475
    View details
    Kentucky Land Ready For Vision
    $269,999
    91.20 Acres

    Kentucky Land Ready For Vision

    91.2 acres of surveyed land near Cave Run Lake.

    912 Acres Land, Morehead, KY 40351
    View details
    Tompkinsville Land with Development Potential
    $45,900
    5.46 Acres

    Tompkinsville Land with Development Potential

    5.46 acres in Tompkinsville, KY, with development potential.

    Lovers Ln, Tompkinsville, KY 42167
    View details
    91 Acres Recreational Land For Sale
    $139,000
    91.00 Acres

    91 Acres Recreational Land For Sale

    91-acre property with recreational appeal and development potential in Kentucky.

    91 Acres Land Cains Crk Rd, Sandy Hook, KY 41171
    View details
    Lexington Commercial Corner Lot
    $900,000
    0.11 Acres

    Lexington Commercial Corner Lot

    Corner lot with expansion potential in Lexington, Kentucky.

    686 Montgomery Ave, Lexington, KY 40505
    View details
    Berea Home with Rental Potential
    $199,900
    1,720 SF

    Berea Home with Rental Potential

    Well-maintained home with a second residence for rental income.

    110 Baugh St, Berea, KY 40403
    View details
    Land For Sale, London, KY
    $3,500,000
    13.98 Acres

    Land For Sale, London, KY

    13.98 acre land parcel in London, Kentucky.

    10000 Old Whitley Rd, London, KY 40744
    View details
    Updated Home in Danville, KY
    $379,900
    2,234 SF

    Updated Home in Danville, KY

    Updated 1906 home with income-producing potential in Danville, Kentucky.

    424 S 4Th St, Danville, KY 40422
    View details
    Nicholasville Road Commercial Suite
    $199,999
    771 SF

    Nicholasville Road Commercial Suite

    771 sq ft commercial suite on high-traffic Nicholasville Road.

    2121 Nicholasville Rd, Lexington, KY 40503
    View details
    Downtown Commercial Building on US 60
    $285,000
    8,865 SF

    Downtown Commercial Building on US 60

    8865 SF commercial building in central Olive Hill location.

    141 E Tom T Hall Blvd, Olive Hill, KY 41164
    View details
    Corner Lot Land For Sale
    $900,000

    Corner Lot Land For Sale

    Corner lot with expansion potential in excellent location.

    686 Montgomery Ave, Lexington, KY 40505
    View details

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    • For Sale

    Properties for sale

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    CENTURY 21 Advantage Realty, A Robinson Company
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    CENTURY 21 Advantage Realty, A Robinson Company
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