Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    0 Waldeck Road Bonnieville, KY 42713

    View on Map
    For Sale
    $750,000

    Commercial - Bonnieville, KY

    Lot size:
    4.60 Acres
    Added:
    Mar 26, 2026
    Days on Market:
    10
    Last Refresh:
    Apr 4 at 2:06 pm

    Property Features for 0 Waldeck Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    051-00-00-123.00
    Lot size
    4.60 Acres

    Utilities

    Water front features
    Pond(s)

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tony Huynh

    Listing agent Tony Huynh License #218508

    Listing office Keller Williams First Choice R 1550 Westen St., Bowling Green, KY

    Listing date Mar 26, 2026

    MLS# RA20261621 Listing URL

    Copyright © 2026 REALTOR® Association of Southern Kentucky, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    4-Acre Commercial Land Parcel

    This 4.6-acre commercial land parcel in Bonnieville, KY, offers excellent visibility and direct access to I-65 and major highways. The property is positioned for high traffic exposure and offers potential for development. It is suitable for a storage unit complex, residential development, or other commercial ventures. Utilities are available nearby. The property is located in Hart County, with the postal code 42713.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Bonnieville
    County
    Hart
    State
    Kentucky
    Longitude
    -85.9070779
    Latitude
    37.3582228

    Nearby Similar for Sale

    • $578,700

      Bonnieville Acreage with Hunting Infrastructure

      111.29 acre tract near Bonnieville, Kentucky with recreational and residential potential.
      0 Lone Star Tower Road, Bonnieville, KY 42713
      View Details
    • $239,950

      38 Acres in Hart County

      Versatile land tract with pasture, ponds, and development potential.
      6595 Hammonsville Road, Bonnieville, KY 42713-0000
      View Details
    • $114,999

      Bonnieville Acreage: Hunting and Building

      10.48 acres with timber, open ground, and utilities.
      1266 Campground Road, Bonnieville, KY 42713
      View Details
    • $285,000

      46 Acres of Wooded Land

      46 wooded acres in Hart County with road frontage.
      2208 Rocky Hill Road, Bonnieville, KY 42713
      View Details
    • $75,000

      Highway Frontage Commercial Land Opportunity

      3.5-acre commercial land with high visibility on Highway 31W.
      4215 N Dixie Highway, Bonnieville, KY 42713
      View Details
    • $159,000

      35 Acres in Hart County

      Land with access, varied terrain, and wildlife habitat features.
      0 Gaddie Cottrell Road, Bonnieville, KY 42713
      View Details
    • $225,000

      Bonnieville Farm with I-65 Frontage

      24.5-acre farm with barn, pond, and interstate access.
      318 Gaddie Cottrell Road, Bonnieville, KY 42713
      View Details
    • $15,000

      Bonnieville Acreage For Sale

      0.899-acre lot in Bonnieville, KY, with development potential.
      0 Bonn Drive, Bonnieville, KY 42713
      View Details
    • $35,000

      Bonnieville Acreage in Peaceful Setting

      4.5 acres in a quiet, rural area of Bonnieville, KY.
      1018 Pine Ridge Road, Bonnieville, KY 42713
      View Details
    • $185,000

      Bonnieville Acreage with Road Frontage

      30 acres near I-65, ideal for home or livestock.
      0 Locust Grove Road, Bonnieville, KY 42713
      View Details
    • $20,000

      Bonnieville, KY Acreage Homesite

      0.596 acre lot in Bonnieville, KY for homesite or investment.
      0 Mt Vernon Road, Bonnieville, KY 42713
      View Details
    • $20,000

      Bonnieville, KY Acreage Homesite Opportunity

      0.246-acre lot in Bonnieville, KY, great for homesite or investment.
      0 Catholic Hill Road, Bonnieville, KY 42713
      View Details

    FAQs

    What type of property is this?
    Commercial land - 4-acre commercial land with I-65 access in Bonnieville, KY.
    Where is this commercial land located?
    The property is located at 0 Waldeck Road Bonnieville, KY.
    What is the asking price?
    The asking price for this property is $750,000.
    (270) 392-3096
    We can help!
    Listing Contact
    Tony Huynh
    Real Estate License ID: 218508
    Learn More
    Request Owner's contact information
    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
    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!