Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings
    (606) 788-9002
    Web Site
    Size: under 10 agents

    Agents

    Service Locations

    Property Types

    • Land

    Listings

    For Sale (24)

    View map
    Residential Land in Tutor Key
    $50,000
    29.00 Acres

    Residential Land in Tutor Key

    29 acres of residential land near Paintsville, Kentucky.

    2520 Dp 288 Ky RT 993, Tutor Key, KY 41263
    View details
    Residential Land Near Medical Center
    Contact for pricing
    0.09 Acres

    Residential Land Near Medical Center

    Residential lot near Kings Daughter Medical Center in Ashland, KY.

    708 May Ct, Ashland, KY 41101
    View details
    Residential Land in Hueysville, KY
    Contact for pricing
    1.49 Acres

    Residential Land in Hueysville, KY

    1.49 acres of flat land with utilities available.

    Rt 550, Hueysville, KY 41640
    View details
    Undeveloped Acreage in Floyd County
    Contact for pricing
    2.80 Acres

    Undeveloped Acreage in Floyd County

    2.8 acres of undeveloped land in Floyd County, Kentucky.

    Prater Crk, Hueysville, KY 41640
    View details
    Hueysville Residential Land For Sale
    Contact for pricing
    3.25 Acres

    Hueysville Residential Land For Sale

    Undeveloped 3.25 acre residential lot in Hueysville, Kentucky.

    Midas Rd, Hueysville, KY 41640
    View details
    Wellington Acreage Near Cave Run
    $340,000
    15.33 Acres

    Wellington Acreage Near Cave Run

    15.33 acres near Cave Run Lake with recreational and income potential.

    5478 Highway 1693, Wellington, KY 40387
    View details
    Salyersville Land for Recreation
    $130,000
    107.00 Acres

    Salyersville Land for Recreation

    107 acres for hunting, hiking, camping, and recreation.

    Alsept Frk Rd Map, Salyersville, KY 41465
    View details
    Undeveloped Land for Outdoor Activities
    $65,000
    52.00 Acres

    Undeveloped Land for Outdoor Activities

    52 acres of land perfect for hunting and recreation.

    Alsept Frk Rd Map, Salyersville, KY 41465
    View details
    Undeveloped Recreational Land in Salyersville
    $240,000
    238.30 Acres

    Undeveloped Recreational Land in Salyersville

    238.3 acres of recreational land for sale in Salyersville.

    Map 015-00-00-034 Cow Crk, Salyersville, KY 41465
    View details
    Undeveloped Acreage in Salyersville, KY
    $49,000
    38.40 Acres

    Undeveloped Acreage in Salyersville, KY

    38.4 acres of recreational land in Magoffin County.

    Map 008-00-00-011 Cow Crk, Salyersville, KY 41465
    View details
    Undeveloped Recreational Land in Salyersville
    $199,000
    167.00 Acres

    Undeveloped Recreational Land in Salyersville

    167 acres of recreational land for hunting and outdoor activities.

    Map 008-00-00-013 Cow Crk, Salyersville, KY 41465
    View details
    Salyersville Land for Recreation
    $39,000
    31.40 Acres

    Salyersville Land for Recreation

    31.4 acres ideal for hunting, hiking, and camping.

    Map 015-00-00-027 Cow Crk, Salyersville, KY 41465
    View details
    7-Acre Land Parcel in Debord
    $135,000
    7.00 Acres

    7-Acre Land Parcel in Debord

    7-acre parcel with utilities near Inez, Prestonsburg, and Paintsville.

    New Rt 3, Debord, KY 41214
    View details
    Six Acre Lot on U.S. 23
    $59,900
    6.00 Acres

    Six Acre Lot on U.S. 23

    Six acre lot with frontage on U.S. 23.

    Dp 586, Nippa, KY 41240
    View details
    140 Acres Recreational Land in Pikeville
    $170,000
    140.00 Acres

    140 Acres Recreational Land in Pikeville

    Undeveloped 140-acre recreational land perfect for hunting and outdoor activities.

    000 Right Fork Of Rockhouse Rd, Pikeville, KY 41501
    View details
    Undeveloped Land Along RT 7
    $54,900
    29.00 Acres

    Undeveloped Land Along RT 7

    29 acres in Royalton, KY with river frontage.

    Dp 399, Royalton, KY 41464
    View details
    49 Acres of Recreational Land
    $49,995
    49.00 Acres

    49 Acres of Recreational Land

    Undeveloped 49-acre property perfect for hunting and recreation.

    Dp 353, Royalton, KY 41464
    View details
    Nippa, KY Land for Sale
    $179,000
    16.00 Acres

    Nippa, KY Land for Sale

    16 acres with commercial potential near U.S. 23.

    Dp 586, Nippa, KY 41240
    View details
    Warfield, KY Residential Land
    $89,900
    83.00 Acres

    Warfield, KY Residential Land

    83 acres of land suitable for building, hunting, or recreation.

    P 341, Warfield, KY 41267
    View details
    Paintsville, KY Residential Land
    Contact for pricing
    0.19 Acres

    Paintsville, KY Residential Land

    0.19-acre lot with paved area and hillside acreage.

    Euclid Ave, Paintsville, KY 41240
    View details
    Undeveloped Land in Johnson County
    $32,500
    7.00 Acres

    Undeveloped Land in Johnson County

    7 acres of pristine, undeveloped land in Lowmansville, Kentucky.

    Map 057-00-00-009.00 Brown Fork Rd, Lowmansville, KY 41232
    View details
    Salyersville Residential Land For Sale
    $219,000
    185.00 Acres

    Salyersville Residential Land For Sale

    185 acres of land perfect for recreation or building.

    Map 053-00-00-00.001 Oakley Rd, Salyersville, KY 41465
    View details
    Undeveloped Land for Recreation
    $82,000
    118.00 Acres

    Undeveloped Land for Recreation

    118 acres ideal for hunting, camping, and recreation.

    00 Dp 424-433, Gunlock, KY 41632
    View details
    Undeveloped Residential Land For Sale
    $41,000
    20.00 Acres

    Undeveloped Residential Land For Sale

    20 acre residential land parcel available in Staffordsville, Kentucky.

    Dp 074, Staffordsville, KY 41256
    View details

    Leases and Sales on Map

    • For Sale

    Properties for sale

    Web Page
    View other agents
    in the same area
    Request Owner's contact information
    First Choice Realty & Assoc.
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    First Choice Realty & Assoc.
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!