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    204 Pineview Loop Columbia, KY 42728

    Sponsored
    For Sale
    $329,000

    Residential Farm, Ranch - Columbia, KY

    Type:Farm
    Property size:
    2,250 SF
    Lot size:
    0.50 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 17 at 8:06 pm

    Property Features for 204 Pineview Loop

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Den, Great Room
    Bedrooms
    3
    Bathrooms
    3
    Parking features
    Driveway, Garage, Garage - Attached
    Patio and Porch features
    Deck
    Interior features
    Ceiling Fan(s), Closet Light(s)
    Exterior features
    Deck, Garden Area, Landscaping, Mature Trees, Trees, Backyard Fence, Chain Link, Fence
    Fencing
    Chain Link, Fenced
    Basement Y/N
    1
    Appliances
    Other
    Size
    2,250 SF
    Lot size
    0.50 Acres

    Utilities

    Heating system
    Forced Air, Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1995
    Flooring type
    Hardwood, Tile
    Building materials
    Brick, Frame
    Roof type
    Shingle
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Elliot Burton

    Golden Rule - Wilson Real Estate and Auction #1, LLC (270) 384-1111

    Listing agent Elliot Burton (270) 384-1111 License #223088

    Listing date Jan 14, 2026

    MLS# SC47640 Listing URL

    Copyright © 2026 South Central 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.

    Learn more

    Property Insight Report

    Overview

    Move-in Ready Ranch in Columbia, KY

    This move-in-ready ranch is located in a desirable golf course neighborhood. The home features 3 bedrooms and 2 full bathrooms on the main level, with hardwood flooring and a main-level laundry room. The kitchen includes stainless steel appliances and granite countertops, opening to a dining area with deck access. A fenced backyard sits on a 0.5-acre lot. Both bathrooms have been updated with new tile and vanities, including a walk-in shower in the hall bath and a new tub/shower combo in the primary bath. The property includes an attached garage. The finished basement adds approximately 1,000 square feet of living space, with a second laundry area, a full bathroom, and a living area. Plumbing and electric are roughed in for a full kitchen, offering potential for an in-law suite, guest quarters, or future rental opportunity. The basement could also accommodate a 4th bedroom. Recent updates include new interior paint, landscaping, a new front door, and new shake siding. The property is located in Columbia, KY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Hair Salon Nail Salon Pharmacy Auto Repair Shop Wholesale Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Adair
    State
    Kentucky
    Longitude
    -85.3420461
    Latitude
    37.0802779

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    FAQs

    What type of property is this?
    Ranch - Well-maintained ranch with updates, finished basement, and fenced backyard.
    Where is this ranch located?
    The property is located at 204 Pineview Loop Columbia, KY.
    What is the asking price?
    The asking price for this property is $329,000.
    What are key features of this property?
    This property features: - Move-in-ready ranch in a desirable golf course neighborhood.; - Updated kitchen with stainless steel appliances and granite countertops, opening to a deck.; - Finished basement with full bathroom and roughed-in plumbing/electric for a kitchen, offering in-law suite/rental potential.
    (270) 384-1111
    Request Owner's contact information
    204 Pineview Loop Columbia, KY 42728
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    Columbia, KY 42728
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    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
    204 Pineview Loop Columbia, KY 42728
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    We can help!
    Listing Contact
    Elliot Burton
    Real Estate License ID: 223088
    (270) 384-1111
    Learn more
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