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    For Sale (30)

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    Level Lot Ready for Building
    $36,900
    0.87 Acres

    Level Lot Ready for Building

    0.87-acre building lot near Smiths Grove with utilities.

    13 Brownsville Rd, Brownsville, KY 42210
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    Land Near Nolin Lake
    Contact for pricing
    0.54 Acres

    Land Near Nolin Lake

    0.54-acre property near Nolin Lake with subdivision boat ramp.

    9-11 Woodland Dr, Cub Run, KY 42729
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    Residential Lot in Horse Cave
    Contact for pricing
    0.41 Acres

    Residential Lot in Horse Cave

    Residential building lot outside city limits with utilities available.

    Lot Timberleaf Dr, Horse Cave, KY 42749
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    Cave City Motel Business Opportunity
    $389,500
    1.24 Acres

    Cave City Motel Business Opportunity

    25-room motel near Cave City tourist attractions for sale.

    1224 N Dixie Hwy, Cave City, KY 42127
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    63 Acres Hunting and Recreation
    $235,000
    63.00 Acres

    63 Acres Hunting and Recreation

    Prime hunting and recreational land with abundant wildlife and unique cave.

    Old Dixie Hwy, Horse Cave, KY 42749
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    Commercial Property Near Nolin Lake
    $300,000
    0.46 Acres

    Commercial Property Near Nolin Lake

    Commercial property near Nolin Lake with high traffic and visibility.

    8122 Wax Rd, Clarkson, KY 42726
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    Residential Land in Smiths Grove
    $49,900
    1.46 Acres

    Residential Land in Smiths Grove

    1.46-acre property near Smiths Grove with utilities available.

    4 R H Martin Rd, Smiths Grove, KY 42171
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    Heavily Wooded Acreage Near Nolin
    $72,500
    10.16 Acres

    Heavily Wooded Acreage Near Nolin

    10 acres of wooded land near Nolin Lake.

    1108 Webb Ford Rd, Clarkson, KY 42726
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    Recreational Land Near Mammoth Cave
    $298,000
    17.78 Acres

    Recreational Land Near Mammoth Cave

    17.78 acre recreational property with Green River frontage.

    1301 Walker Stewart Rd, Horse Cave, KY 42749
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    Glasgow Triplex: Investment Opportunity
    $215,000
    0.10 Acres

    Glasgow Triplex: Investment Opportunity

    Updated triplex in downtown Glasgow, ideal for real estate investment.

    309/311 N Green St, Glasgow, KY 42141
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    Waterfront Acreage in Cub Run
    $265,000
    8.00 Acres

    Waterfront Acreage in Cub Run

    8-acre waterfront property near Nolin Lake, ready for development.

    8 Ac Jericho Church Rd, Cub Run, KY 42729
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    Glasgow Industrial Land For Sale
    $80,000
    1.90 Acres

    Glasgow Industrial Land For Sale

    1.9 acre industrial tract zoned I-2 with utilities.

    3 Carroll Knicely Dr, Glasgow, KY 42141
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    Historic Downtown Horse Cave Opportunity
    $525,000
    12,000 SF

    Historic Downtown Horse Cave Opportunity

    Luxury loft with retail space in historic downtown Horse Cave.

    123 Water St, Horse Cave, KY 42749
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    Adolphus, KY Building Lots
    Contact for pricing
    0.70 Acres

    Adolphus, KY Building Lots

    Two unrestricted building lots perfect for a hobby farm.

    667 Calvert Rd, Adolphus, KY 42120
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    Scenic Acreage in Cub Run
    $75,000
    5.18 Acres

    Scenic Acreage in Cub Run

    5+ acre property near Wax Marina, Blue Holler, and Mammoth Cave.

    5 Ac Jericho Church Rd, Cub Run, KY 42729
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    Glasgow, KY Residential Building Lot
    Contact for pricing
    0.53 Acres

    Glasgow, KY Residential Building Lot

    Cleared 0.54 acre lot ready for your dream home.

    2 Lick Branch Rd, Glasgow, KY 42141
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    Corner Lot in Scottsville, KY
    $44,900
    1.00 Acre

    Corner Lot in Scottsville, KY

    Corner lot with close access to downtown Scottsville.

    11 Halifax Rd, Scottsville, KY 42164
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    Prime Commercial Land Opportunity
    $199,900
    1.05 Acres

    Prime Commercial Land Opportunity

    1.049-acre tract zoned Agricultural with Mixed Use Commercial potential.

    1 Veterans Memorial Ln, Bowling Green, KY 42101
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    Farm House on 20 Acres
    $269,000
    1,175 SF

    Farm House on 20 Acres

    Residential farm with house on 20.31 acres in Edmonton.

    2121 Leatherwood Church Rd, Edmonton, KY 42129
    View details
    New RV Park Near I-65
    $1,800,000
    6.50 Acres

    New RV Park Near I-65

    Newly constructed RV park with 48 sites on 6.5 acres.

    610 Mammoth Cave St, Cave City, KY 42127
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    24.4 Acres in Edmonton, KY
    $185,000
    24.40 Acres

    24.4 Acres in Edmonton, KY

    24.4 acres of agricultural land for sale in Edmonton.

    Leatherwood Church Rd, Edmonton, KY 42129
    View details
    Land Near Riverview Golf Course
    $199,900
    1.05 Acres

    Land Near Riverview Golf Course

    1.049 acre commercial land near Riverview Golf Course.

    1 Veterans Memorial Blvd, Bowling Green, KY 42101
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    Cleared Lots Ready to Build
    $50,000
    0.32 Acres

    Cleared Lots Ready to Build

    Cleared lots with utilities, ready for building or camping.

    74A/94A Silverside Dr, Scottsville, KY 42164
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    Unrestricted Acreage Near Nolin Lake
    $350,000
    26.00 Acres

    Unrestricted Acreage Near Nolin Lake

    26 acres with road frontage, pond, and home sites.

    100 Longfall Rd, Clarkson, KY 42726
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    Scottsville, KY Residential Lot
    Contact for pricing
    0.81 Acres

    Scottsville, KY Residential Lot

    Residential building lot with utilities in Scottsville, Kentucky.

    3A Halifax Bailey Rd, Scottsville, KY 42164
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    Residential Land in Scottsville, KY
    Contact for pricing
    0.86 Acres

    Residential Land in Scottsville, KY

    Cleared 0.86-acre residential land ready for construction.

    3B Halifax Bailey Rd, Scottsville, KY 42164
    View details
    Unrestricted Land on Glasgow Road
    $60,000
    2.79 Acres

    Unrestricted Land on Glasgow Road

    2.79 acre unrestricted tract ideal for residential development.

    Ac Old Glasgow Rd, Edmonton, KY 42129
    View details
    Secluded Acreage in Summer Shade
    $125,000
    21.41 Acres

    Secluded Acreage in Summer Shade

    21.41 acres perfect for building a home or mini-farm.

    709 Phillip Whitlow Rd, Summer Shade, KY 42166
    View details
    New RV Park For Sale
    $1,800,000

    New RV Park For Sale

    New RV park with 48 sites near Mammoth Cave.

    610 Mammoth Cave St, Cave City, KY 42127
    View details
    Industrial Building Near Veterans Loop
    $389,000

    Industrial Building Near Veterans Loop

    4800 SF industrial building on 1.8 acres for sale.

    260 Circle Rd, Glasgow, KY 42141
    View details

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    Coldwell Banker Legacy Group
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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
    Coldwell Banker Legacy Group
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