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

    1265 Lake Rd London, KY 40741

    View on Map
    Sponsored
    For Sale
    Contact for pricing

    LAND - London, KY

    Lot size:
    0.90 Acres
    Days on Market:
    161
    Last Refresh:
    Mar 5 at 8:06 pm

    Property Features for 1265 Lake Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    037-00-00-100.33
    Lot size
    0.90 Acres

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Sherman E Clark
    Sherman E Clark

    Weichert Realtors Ford Brothers (606) 679-2656

    Listing agent Sherman E Clark (606) 878-7112

    Listing date Sep 26, 2025

    MLS# 22024646 Listing URL

    Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Wooded Lots Near Wood Creek

    Lots #33 and 34 are located on Lake Road in Woodcreek Valley, a short distance from Wood Creek Lake. The property offers wooded privacy near the end of the road. The location features a blacktop road, attractive surroundings, and proximity to a boat ramp. The property is suited for year-round enjoyment. It is not a lakefront property but has 238 feet of road frontage on the blacktop road. The total lot size is 0.9 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Hair Salon Auto Repair Shop Auto Parts Store Grocery & Convenience Store Grocery & Convenience Store Tattoo & Piercing Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    London
    County
    Laurel
    State
    Kentucky
    Longitude
    -84.161544
    Latitude
    37.164724

    Nearby Similar for Sale

    • New
      $449,000
      2,400 SF

      Commercial Property on Laurel Road

      2400 sq ft building with office and warehouse space.
      3100 S Laurel Rd, London, KY 40744
      View Details
    • $659,900
      3,032 SF

      Mixed-Use Property with Commercial Potential

      Versatile property blending residential charm with commercial opportunity in London, KY.
      735 Whitley St, London, KY 40741
      View Details
    • $279,000
      2,530 SF

      Renovated Commercial Property in London, KY

      Move-in ready commercial property in London's core business area.
      735 Caudill Ln, London, KY 40741
      View Details
    • $179,000
      4,200 SF

      Versatile Commercial Property on 1.42 Acres

      4200 sq ft commercial building on 1.42 acres.
      50 Apostolic Ln, London, KY 40741
      View Details
    • New
      $750,000
      6,000 SF

      Commercial Property in London, KY

      Commercial property featuring 6,000 square feet on 6 acres.
      40 Highlands Diversified Dr, London, KY 40741
      View Details
    • $150,000
      Pending

      Office Building in Medical Plaza

      8,000 sq ft office building in high-traffic location.
      001 N Laurel Rd, London, KY 40741
      View Details
    • $535,000
      3,000 SF

      Two Townhomes in Golf Community

      Investment opportunity: two townhomes in The Oaks of London.
      143 Crooked Creek Dr, London, KY 40744
      View Details
    • New
      $315,000
      1,100 SF

      Turnkey Income Cabin with Expansion Potential

      Income-producing cabin near Daniel Boone National Forest with expansion potential.
      149 Buggs Ln, London, KY 40744
      View Details
    • $840,000
      Pending

      Equestrian Oasis on 39.96 Acres

      Equestrian property with barns, arenas, ponds, and Cape Cod farmhouse.
      575 Smith Brewer Rd, London, KY 40744
      View Details
    • $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
    • $239,000
      Pending

      Updated Duplex in London, KY

      Income-producing duplex with two updated units in a convenient location.
      48 Stone Rd, London, KY 40744
      View Details
    • $474,000
      3,300 SF

      Duplex Investment Opportunity in London, KY

      Two adjacent, fully leased duplexes on 0.68 acres near I-75.
      104 Hicks Ln, London, KY 40744
      View Details

    FAQs

    What type of property is this?
    Land - Two wooded lots near Wood Creek Lake with road frontage.
    Where is this land located?
    The property is located at 1265 Lake Rd London, KY.
    What is the asking price?
    The asking price for this property is $18,000.
    What are key features of this property?
    This property features: - Short walk to Wood Creek Lake.; - Wooded lot offering privacy.; - Located near the end of the road.
    (606) 224-1952
    Request Owner's contact information
    1265 Lake Rd London, KY 40741
    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.
    1265 Lake Rd
    London, KY 40741
    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
    1265 Lake Rd London, KY 40741
    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

    We can help!
    Listing Contact
    Sherman E Clark
    Sherman E Clark
    Real Estate License ID: 260374
    (606) 224-1952 (606) 878-7112
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!