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    For Sale (48)

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    Profitable Ice Business For Sale
    $225,000
    198 SF

    Profitable Ice Business For Sale

    Turnkey ice business with growth potential near Danville Walmart.

    23 Michelle Dr, Stanford, KY 40484
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    Stanton Multifamily Investment Opportunity
    $900,000
    932 SF

    Stanton Multifamily Investment Opportunity

    Multifamily property in Stanton, Kentucky, with long-term tenants.

    11 Miller Dr, Stanton, KY 40380
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    Herrington Lake Buildable Lots
    $75,000
    1.12 Acres

    Herrington Lake Buildable Lots

    Two buildable lots on Herrington Lake near Mid Lake Marina.

    154 Cedar Ln, Harrodsburg, KY 40330
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    Prime Commercial Land on US Hwy
    $345,000
    1.92 Acres

    Prime Commercial Land on US Hwy

    Almost 2 acres of commercial land ready for development.

    2207 Stanford St, Lancaster, KY 40444
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    Lakeside Land in Danville, Kentucky
    $320,000
    5.01 Acres

    Lakeside Land in Danville, Kentucky

    5.014 acres of wooded land on Herrington Lake.

    345 Tibbs Ln, Danville, KY 40422
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    Residential Land in McCarr, KY
    $39,900
    3.48 Acres

    Residential Land in McCarr, KY

    3.48 acre residential land near Hatfield McCoy Trail System.

    00 Hatfield Branch Rd, Mc Carr, KY 41544
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    Residential Land in Meade Heights
    $41,000
    0.35 Acres

    Residential Land in Meade Heights

    Residential land suitable for building a dream home.

    4 Meade Hts, Pikeville, KY 41501
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    Land Near Lake Cumberland
    $78,200
    7.82 Acres

    Land Near Lake Cumberland

    7.82 acre lot suitable for residential or short-term rental.

    Bridle Brook Pt, Nancy, KY 42544
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    Richmond Mixed-Use Investment Opportunity
    $649,900
    2,200 SF

    Richmond Mixed-Use Investment Opportunity

    Mixed-use property with retail space and apartments for sale.

    107 N Killarney Ln, Richmond, KY 40475
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    Residential Land in Daycrest Subdivision
    $40,000
    1.00 Acre

    Residential Land in Daycrest Subdivision

    Two build-ready lots in a quiet neighborhood near Lake Herrington.

    58 Or 59, Lancaster, KY 40444
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    Herrington Lake Acreage Ready to Build
    $68,000
    1.02 Acres

    Herrington Lake Acreage Ready to Build

    One-acre lot near Herrington Lake with community amenities.

    Meadow Point Dr, Lancaster, KY 40444
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    Danville Commercial Land For Sale
    $125,000
    0.10 Acres

    Danville Commercial Land For Sale

    Commercial land with highway business zoning in Danville, Kentucky.

    224 Stanford Rd, Danville, KY 40422
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    Residential Land Near US 23
    $64,000
    1.85 Acres

    Residential Land Near US 23

    1.85 acre level lot near US 23 in Huddy, KY.

    00 East Big Creek Rd, Huddy, KY 41535
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    Herrington Lake Acreage Ready to Build
    $68,000
    1.02 Acres

    Herrington Lake Acreage Ready to Build

    One-acre lot on Herrington Lake ready for your dream home.

    Meadow Point Dr, Lancaster, KY 40444
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    Danville Commercial Property for Sale
    $52,500
    1,258 SF

    Danville Commercial Property for Sale

    Commercial property in Danville, Kentucky, with redevelopment potential.

    222 Stanford Rd, Danville, KY 40422
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    Land in High-Traffic Area
    $90,000
    0.63 Acres

    Land in High-Traffic Area

    0.63-acre lot with high visibility and accessibility.

    84 Loftis Tipple Rd, Huddy, KY 41535
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    Danville Commercial Property on Stanford
    $150,000
    1,297 SF

    Danville Commercial Property on Stanford

    Commercial property in a busy area, ready for finishing touches.

    218 Stanford Rd, Danville, KY 40422
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    Pikeville Land for Development
    $1,100,000
    1.47 Acres

    Pikeville Land for Development

    Prime 1.465-acre parcel suitable for commercial or residential development.

    Hambley Blvd, Pikeville, KY 41501
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    60 Acres Land For Sale
    $40,000
    60.40 Acres

    60 Acres Land For Sale

    60 acre land parcel suitable for hunting and timbering.

    Benton Frk Rd, Canada, KY 41519
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    Land Near Lake Cumberland
    $60,000
    2.39 Acres

    Land Near Lake Cumberland

    2.39 acre land parcel near Lake Cumberland in Nancy, KY.

    Bridle Brook Pt, Nancy, KY 42544
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    Residential Land in Hardy, KY
    $49,000
    56.70 Acres

    Residential Land in Hardy, KY

    56.7 acre residential land for sale in Hardy, Kentucky.

    0000 St Hwy 319, Hardy, KY 41531
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    Green River Cinema 6
    $1,599,000
    21,474 SF

    Green River Cinema 6

    Established cinema in Campbellsville's thriving business district.

    730 Campbellsville Byp Lot Byp, Campbellsville, KY 42718
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    500 Acres of Kentucky Land
    $650,000
    500.00 Acres

    500 Acres of Kentucky Land

    Pristine land ideal for agriculture, hunting, and outdoor activities.

    100 Joe Brown Rd, Shelbiana, KY 41562
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    Waterfront Lot on Wood Creek
    $45,000
    0.50 Acres

    Waterfront Lot on Wood Creek

    0.5 acre waterfront lot ready for your dream lakehouse!

    649 Cliffs Edge Rd, East Bernstadt, KY 40729
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    Land Near Lake Cumberland
    $67,000
    6.63 Acres

    Land Near Lake Cumberland

    6.63 acres near Lake Cumberland, ideal for building or rental.

    Bridle Brook Pt, Nancy, KY 42544
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    Land Near Lake Cumberland
    $69,700
    6.97 Acres

    Land Near Lake Cumberland

    Land suitable for residential or short-term rental development near Lake Cumberland.

    Bridle Brook Pt, Nancy, KY 42544
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    Residential Land in Daycrest Subdivision
    $80,000
    2.02 Acres

    Residential Land in Daycrest Subdivision

    Two build-ready lots in a quiet neighborhood, over 2 acres.

    118 Lauren Ln, Lancaster, KY 40444
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    Land Near Hatfield-McCoy Trail
    Contact for pricing
    3.00 Acres

    Land Near Hatfield-McCoy Trail

    3-acre property with tiny home near Hatfield-McCoy Trail.

    00 State Highway 319, Mc Carr, KY 41544
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    Residential Land Near US 23
    $279,000
    7.68 Acres

    Residential Land Near US 23

    7.68 acre lot suitable for residential or development.

    East Big Creek Rd, Huddy, KY 41535
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    Land Adjoining Bridlebrook Development
    $50,000
    5.00 Acres

    Land Adjoining Bridlebrook Development

    5-acre tract suitable for residential or recreational use.

    5 Acres Bridleway Rd, Nancy, KY 42544
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    Land Near Lake Cumberland
    $64,250
    2.57 Acres

    Land Near Lake Cumberland

    2.57 acre lot ideal for building near Lake Cumberland.

    Bridle Brook Pt, Nancy, KY 42544
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    Pikeville Land Ready For Development
    $399,000
    3.26 Acres

    Pikeville Land Ready For Development

    3.26-acre parcel for commercial or residential development, near US 23.

    Us 119, Pikeville, KY 41501
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    30 Acres of Kentucky Land
    $119,000
    30.19 Acres

    30 Acres of Kentucky Land

    30.19 acres of land with utilities near Lebanon, KY.

    1801 Fisher Creek Rd, Lebanon, KY 40033
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    Secluded Acreage in Lebanon, Kentucky
    $89,000
    34.79 Acres

    Secluded Acreage in Lebanon, Kentucky

    34.79 acres of gently rolling land with abundant wildlife.

    1803 Fisher Creek Rd, Lebanon, KY 40033
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    Danville Commercial Property For Sale
    $215,000
    2,037 SF

    Danville Commercial Property For Sale

    Commercial property in Danville, Kentucky, available for purchase.

    214 Stanford Rd, Danville, KY 40422
    View details
    Serene 10-Acre Residential Land
    $65,000
    10.00 Acres

    Serene 10-Acre Residential Land

    10 acres in Virgie, KY with well and utilities.

    000 Left Fork Of Long Frk, Virgie, KY 41572
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    Prime Land on Highway 27
    $3,487,500
    7.75 Acres

    Prime Land on Highway 27

    Highly visible 7.75-acre commercial land on Nicholasville Road.

    3079 Lexington Rd, Nicholasville, KY 40356
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    Prime Development Land For Sale
    $2,000,000
    19.90 Acres

    Prime Development Land For Sale

    Approximately 20-acre development land with road frontage in Junction City, KY.

    5188 Us Highway 127, Junction City, KY 40440
    View details
    Land with Lake Views
    $200,000
    5.87 Acres

    Land with Lake Views

    Land with poured basement and stunning lake views near Nancy.

    Bridle Brook Pt, Nancy, KY 42544
    View details
    Unrestricted Land in Breathitt County
    $225,000
    126.70 Acres

    Unrestricted Land in Breathitt County

    127 acres of unrestricted, undeveloped land in Eastern Kentucky.

    670 Curt Rd, Jackson, KY 41339
    View details
    East Point Commercial Land Parcel
    $350,000
    13.48 Acres

    East Point Commercial Land Parcel

    13.48 acre commercial or residential development opportunity in East Point.

    Us Highway 23 N, East Point, KY 41240
    View details
    Residential Land in Canada, KY
    $35,000
    3.30 Acres

    Residential Land in Canada, KY

    3.3 acres of residential land with hillside acreage.

    521 Brunty Frk, Canada, KY 41519
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    Land with Russell Creek Frontage
    $259,900
    23.00 Acres

    Land with Russell Creek Frontage

    23 acre Columbia, KY tract with water frontage.

    23 Acres Davis Ln, Columbia, KY 42728
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    29 Acres of Fenced Land
    $295,000
    29.06 Acres

    29 Acres of Fenced Land

    29.06 acre tract with mature trees and utilities in place.

    29.06 Acres Hutchison Loy Rd, Columbia, KY 42728
    View details
    Junction City Business Development Land
    $490,000
    5.00 Acres

    Junction City Business Development Land

    5-acre commercial land parcel zoned for general business.

    5188 S Us Highway 127, Junction City, KY 40440
    View details
    500 Acres of Recreational Land
    $324,900
    500.00 Acres

    500 Acres of Recreational Land

    500 acres of land with mountain views and privacy.

    Left Frk Long Frk, Virgie, KY 41572
    View details
    Land Near Lake Cumberland
    $85,000
    3.22 Acres

    Land Near Lake Cumberland

    3.22 acres near Lake Cumberland, suitable for residential or recreational use.

    Bridle Brook Pt, Nancy, KY 42544
    View details
    Highway 27 Commercial Land
    Contact for pricing

    Highway 27 Commercial Land

    7.75+/- acres on Highway 27 near Man-O-War.

    3079 Lexington Rd, Nicholasville, KY 40356
    View details

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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
    RE/MAX Elite Realty
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