Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Picturesque Land in Cynthiana, KY Title is generated by Realmo AI

    1874 Poindexter Road, Cynthiana, KY 41031

    View on Map
    Claim this Listing
    For Sale
    $159,000

    LAND - Cynthiana, KY

    Lot size:
    10.05 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    62
    Last Refresh:
    Jun 3 at 4:06 am

    Property Features for 1874 Poindexter Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AR
    Standard status
    Active
    APN
    086 0000 007 01 000
    Lot size
    10.05 Acres

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Rita Jones

    Listing agent Rita Jones License #220367

    Listing office Keller Williams Commonwealth 1908 Bryant Rd Suite 250, Lexington, KY

    Listing date Apr 3, 2026

    MLS# 26007055 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.

    HighLights

    • Scenic views of 2 neighboring lakes and abundant wildlife
    • Well‑equipped for a hobby farm with existing outbuildings and cattle pens
    • Conveniently located approximately 20 miles from Toyota/Georgetown and 30 miles from Lexington
    • Mature trees provide character and shade
    • Existing entrance for easy access
    • Minimal restrictions apply

    Overview

    This property, located approximately 20 miles from Toyota/Georgetown and 30 miles from Lexington, offers a blend of pastoral charm and modern potential. The 10.0531-acre lot features a scenic view of neighboring lakes and abundant wildlife. Equipped with several small outbuildings and cattle pens, the property is well-suited for a hobby farm or agricultural pursuits. An existing entrance adds convenience, while mature trees provide character and shade. The land offers possibilities for cultivating crops, raising animals, or enjoying peaceful surroundings. Located in Cynthiana, Harrison County, Kentucky, this property is zoned AR. Very minimal restrictions apply.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Pet Store & Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Cynthiana
    County
    Harrison
    State
    Kentucky
    Longitude
    -84.323572
    Latitude
    38.440597

    Nearby Similar for Sale

    • $245,000
      2,505 SF

      Restaurant and Bar Opportunity

      Restaurant and bar ready for new owner near Cynthiana, KY.
      7475 N US Hwy 27, Cynthiana, KY 41031
      View Details
    • $469,900
      3,760 SF

      Restored Mixed-Use Building, Cynthiana

      Turnkey investment in thriving downtown Cynthiana with immediate cash flow.
      201 E Pike Street, Cynthiana, KY 41031
      View Details
    • $615,000
      16,524 SF

      Historic Cynthiana Commercial Building

      Three-story commercial building in historic downtown Cynthiana.
      202 E Pike Street, Cynthiana, KY 41031
      View Details
    • $245,000

      Cynthiana Restaurant and Bar

      Restaurant and bar opportunity near Cynthiana, Kentucky.
      7475 US-27, Cynthiana, KY 41031
      View Details
    • $179,000
      2,502 SF

      Renovated Commercial Property in Cynthiana

      Historic building with commercial space and residential potential.
      203 E Pike Street, Cynthiana, KY 41031
      View Details
    • $360,000

      Cynthiana, KY Farmland Opportunity

      45+/- acre farm suitable for cattle or hay production.
      914 Sylvandell Road, Cynthiana, KY 41031
      View Details
    • $399,000

      Cynthiana, KY Land For Sale

      51+/- acre cattle farm with barn near Cynthiana.
      Tract 17 Waits Road, Cynthiana, KY 41031
      View Details
    • $459,000

      Mini Farm with Acreage

      28-acre mini-farm with home, barn, and pasture near town.
      655 Davis Lane, Cynthiana, KY 41031
      View Details
    • $450,000

      Move-In Ready Farm with Acreage

      Farm with new amenities and room for animals to graze.
      4324 Us Hwy 27 N, Cynthiana, KY 41031
      View Details
    • $275,000
      15,598 SF

      Downtown Cynthiana Building For Sale

      15,598 SF building on 1 acre lot in Cynthiana.
      106 Oddville Avenue, Cynthiana, KY 41031
      View Details
    • $275,000
      16,000 SF

      Downtown Cynthiana Building For Sale

      16,000 SF building on an acre lot.
      106 Oddville Avenue, Cynthiana, KY 41031
      View Details

    FAQs

    What type of property is this?
    Farm - 10+ acre farm lot near Georgetown and Lexington.
    Where is this farm located?
    The property is located at 1874 Poindexter Road Cynthiana, KY.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: Scenic views of 2 neighboring lakes and abundant wildlife; Well‑equipped for a hobby farm with existing outbuildings and cattle pens; Conveniently located approximately 20 miles from Toyota/Georgetown and 30 miles from Lexington
    (859) 533-7228
    We can help!
    Listing Contact
    Rita Jones
    Real Estate License ID: 220367
    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
    1874 Poindexter Road, Cynthiana, KY 41031
    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!