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) 877-3000
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Commercial Sale
    • Land
    • Residential

    Listings

    For Sale (29)

    View map
    COMMERCIAL - London, KY
    $669,000
    10,000 SF

    COMMERCIAL - London, KY

    Mixed-use properties • 10,000 SF

    1802 Mcdonalds Ln, London, KY 40741
    View details
    Land on Cumberland Falls Highway
    $184,500
    4.50 Acres

    Land on Cumberland Falls Highway

    Prime land near Interstate exit, Corbin Arena, and amenities.

    2984 Cumberland Falls Hwy, Corbin, KY 40701
    View details
    Barbourville Commercial Building For Sale
    $220,000
    2,800 SF

    Barbourville Commercial Building For Sale

    Commercial building in city limits with ample parking.

    317 Cumberland Ave, Barbourville, KY 40906
    View details
    Residential Land in Golf Community
    $44,500
    0.48 Acres

    Residential Land in Golf Community

    Residential lot in Crooked Creek Golf Community, London, Kentucky.

    Crooked Creek Dr, London, KY 40744
    View details
    Residential Lot Near London City
    $54,000
    0.71 Acres

    Residential Lot Near London City

    Residential building lot in established subdivision near London city limits.

    58 Cypress Way, London, KY 40741
    View details
    Manchester, KY Land with Barn
    $35,000
    1.07 Acres

    Manchester, KY Land with Barn

    1.07 acre surveyed lot with barn near Hal Rogers Parkway.

    Chicken Branch Rd, Manchester, KY 40962
    View details
    Land in London, Kentucky
    Contact for pricing
    0.64 Acres

    Land in London, Kentucky

    Located in the heart of London, Kentucky, 0.64 acres.

    1 Pawnee Trl, London, KY 40741
    View details
    Residential Land in Liberty Hills
    $34,500
    0.92 Acres

    Residential Land in Liberty Hills

    Building lot available near Hal Rogers Parkway, hospital, restaurants, shopping.

    2/ Section C, Manchester, KY 40962
    View details
    Residential Land Near London, KY
    $79,900
    1.51 Acres

    Residential Land Near London, KY

    1.513 acre residential lot near London, Kentucky.

    184 Mcgill Pine Grove Rd, London, KY 40744
    View details
    74 Acres of Recreational Land
    $100,000
    74.05 Acres

    74 Acres of Recreational Land

    Undeveloped 74-acre land parcel perfect for recreation and development.

    9999 Midnight Stables Rd, Manchester, KY 40962
    View details
    Versatile Commercial Property in London, KY
    $355,900
    1.47 Acres

    Versatile Commercial Property in London, KY

    Three buildings with road and interstate frontage, plus vacant lot.

    40 Glenview Rd, London, KY 40741
    View details
    Unrestricted Land Near I-75
    $69,900
    1.30 Acres

    Unrestricted Land Near I-75

    1.3 acre unrestricted land suitable for residential or commercial use.

    2256 Keavy Rd, London, KY 40744
    View details
    15 Acre Commercial Land Tract
    $750,000
    15.00 Acres

    15 Acre Commercial Land Tract

    Ideally located commercial land with development potential near I-75.

    250B American Greeting Card Rd, Corbin, KY 40701
    View details
    Undeveloped Land Ideal for Hunting
    $40,000
    19.89 Acres

    Undeveloped Land Ideal for Hunting

    19.89 acres of land suitable for hunting or logging.

    Spivey Br Rd, Manchester, KY 40962
    View details
    Unrestricted Land in Southeast Kentucky
    $240,000
    113.00 Acres

    Unrestricted Land in Southeast Kentucky

    113 acres of unrestricted land with mountain views.

    198 Crawford Isom Rd, Manchester, KY 40962
    View details
    Two Lots on North KY-11
    $100,000
    1.85 Acres

    Two Lots on North KY-11

    Two leveled lots ready to build on North KY-11.

    KY-11 N, Manchester, KY 40962
    View details
    Versatile Industrial Property in London, KY
    $589,000
    29,550 SF

    Versatile Industrial Property in London, KY

    Industrial property on 8.39 acres suitable for various operations.

    78 Levi Jackson Rd, London, KY 40744
    View details
    Versatile Commercial Building Near Parkway
    $79,900
    1,200 SF

    Versatile Commercial Building Near Parkway

    Adaptable commercial building suitable for retail, office, or residential use.

    530 Muddy Gap Rd, Manchester, KY 40962
    View details
    Residential Lot in Kirkwood Subdivision
    Contact for pricing
    0.45 Acres

    Residential Lot in Kirkwood Subdivision

    Residential lot for sale in established London, KY subdivision.

    44 SW Tanner Way, London, KY 40744
    View details
    Residential Lot in Golf Community
    $62,000
    0.66 Acres

    Residential Lot in Golf Community

    Residential lot in Crooked Creek Golf Community, London, Kentucky.

    626 Oakwood Dr, London, KY 40744
    View details
    Undeveloped Wooded Land in Kentucky
    $100,000
    72.38 Acres

    Undeveloped Wooded Land in Kentucky

    72 acres of secluded, wooded land in Clay County, KY.

    9999 Tanyard Rd, Manchester, KY 40962
    View details
    32 Acres of Multi-Purpose Land
    $199,999
    32.00 Acres

    32 Acres of Multi-Purpose Land

    32 acres near Manchester, KY, suitable for development and investment.

    9999 Memorial Dr, Manchester, KY 40962
    View details
    Prime Commercial Land Opportunity
    $485,000
    1.53 Acres

    Prime Commercial Land Opportunity

    1.5 Acres of commercial land in South London, KY

    3599 S Laurel Rd, London, KY 40744
    View details
    Income Property in Manchester, KY
    $150,000
    0.20 Acres

    Income Property in Manchester, KY

    Two-story building with income potential in Manchester, Kentucky.

    212 Maple St, Manchester, KY 40962
    View details
    Unrestricted Land on N Hwy 11
    $165,000
    54.30 Acres

    Unrestricted Land on N Hwy 11

    54.3 acres of unrestricted land suitable for residential or recreational.

    Ky-11, Manchester, KY 40962
    View details
    London Commercial Property For Sale
    $485,000
    10,300 SF

    London Commercial Property For Sale

    Versatile 10,300 SF commercial building on 0.96 acres.

    506 E Laurel Rd, London, KY 40741
    View details
    Residential Land Near Golf Course
    $84,900
    1.01 Acres

    Residential Land Near Golf Course

    Picturesque 1.01 acre lot in The Oaks of London.

    9999 Hickory Ct, London, KY 40744
    View details
    Land Near Laurel County Courthouse
    $69,000
    0.19 Acres

    Land Near Laurel County Courthouse

    Land located within London, KY city limits.

    110 W 4Th St, London, KY 40744
    View details
    Unrestricted Land with Mountain Views
    $240,000

    Unrestricted Land with Mountain Views

    113 acres of unrestricted land perfect for farming.

    Unknown, Manchester, KY 40962
    View details

    For Lease (1)

    View map
    Versatile Commercial Property with Multiple Buildings
    $3,500 / Mo
    4,500 SF

    Versatile Commercial Property with Multiple Buildings

    Three buildings with road frontage suitable for office, storage, or retail.

    40 Glenview Rd, London, KY 40741
    View details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Sallie Davidson, Inc.
    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
    Sallie Davidson, Inc.
    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!