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

    1652 Webb Mill Road Eastview, KY 42732

    View on Map
    Claim this Listing
    For Sale
    $125,000

    Acreage - Eastview, KY

    Lot size:
    1.50 Acres
    Added:
    Jan 23, 2026
    Days on Market:
    98
    Last Refresh:
    May 1 at 10:06 am

    Property Features for 1652 Webb Mill Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    Lot size
    1.50 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tim Thompson
    Tim Thompson

    Listing agent Tim Thompson

    Listing office GOLD STAR REALTY 319 S Mulberry Street, Elizabethtown, KY

    Listing date Jan 23, 2026

    MLS# HK2600294 Listing URL

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

    Overview

    Eastview, KY - 1.5 Acre Lot

    This 1.5-acre lot includes a 24x40 garage/shop building equipped with electric, a concrete floor, and three overhead doors. Water is available on the property. Located in Eastview, Kentucky, the property is positioned near the Wendell Ford Western Kentucky Parkway and a short drive from Elizabethtown. The property is suitable as a building lot or for various other uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Furniture & Home Goods

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

    Location Insight

    • Map
    • Local Demand
    City
    Eastview
    County
    Hardin
    State
    Kentucky
    Longitude
    -86.0604212
    Latitude
    37.5585263

    Nearby Similar for Sale

    • $550,000
      1,971 SF

      Eastview Farm with Acreage

      45-acre farm with house and large metal barn.
      2535 Meeting Creek Road, Eastview, KY 42732
      View Details
    • $190,000

      Eastview Acreage with Development Potential

      20.26 acre tract with road frontage, ideal for development.
      Lot 000 Cundiff Lane, Eastview, KY 42732
      View Details
    • $390,000

      Visible Commercial Lot Near WK

      5.9-acre commercial lot with B-1 zoning and high visibility.
      Lot 5 Sonora Hardin Springs Road, Eastview, KY 42732
      View Details
    • $775,000

      Eastview, KY Farm Ready Land

      107.85 acre farm with barns and cattle facility.
      TRACT 2 Roy Road, Eastview, KY 42732
      View Details
    • $69,500

      Land in Arnold View Subdivision

      5-acre residential land in Eastview, KY with utilities available.
      0000 Cundiff Lane, Eastview, KY 42732
      View Details
    • $69,500

      Eastview, KY Residential Land

      5 acre residential lot with utilities in Eastview, Kentucky.
      0003 Cundiff Lane, Eastview, KY 42732
      View Details
    • $69,500

      Eastview, KY Residential Land

      5-acre residential lot with utilities available in Eastview, Kentucky.
      0002 Cundiff Lane, Eastview, KY 42732
      View Details
    • $69,500

      Eastview, KY Residential Land

      5-acre residential land in Eastview, Kentucky with utilities available.
      0001 Cundiff Lane, Eastview, KY 42732
      View Details
    • $700,000

      Eastview Acreage with Open Fields

      99.68 acre tract with open fields and privacy.
      TRACT 1 Roy Road, Eastview, KY 42732
      View Details
    • $925,000

      Spacious 132-Acre Property in Eastview

      132 acres with road frontage, building spot, and water.
      TRACT 4 Cann School Lane, Eastview, KY 42732
      View Details
    • $2,490,000

      Cold Springs Ranch: Hardin County Land

      383.6-acre cattle farm with creek, springs, barns, and abundant wildlife.
      Roy Road, Eastview, KY 42732
      View Details
    • $300,000

      Eastview Acreage with Pasture Ground

      40.91-acre parcel featuring pasture ground and unique boulders.
      TRACT 3 Roy Road, Eastview, KY 42732
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.5 acre building lot with 24x40 garage/shop building.
    Where is this commercial land located?
    The property is located at 1652 Webb Mill Road Eastview, KY.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: 1.5 acre building lot ready for your dream home.; 24x40 garage/shop building with electric and concrete floor, perfect for hobbies or storage.; Three overhead doors in garage/shop for easy access.
    (270) 766-7688
    We can help!
    Listing Contact
    Tim Thompson
    Tim Thompson
    Real Estate License ID: 209086
    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

    Thank You for Inquiry

    1652 Webb Mill Road, Eastview, KY 42732

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!