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    210 Britt Mill Road Glasgow, KY 42141

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    Commercial - Glasgow, KY

    Property size:
    1,044 SF
    Lot size:
    79.27 Acres
    Price / SF:
    $0.00/SF
    Added:
    May 1, 2026
    Days on Market:
    6
    Last Refresh:
    May 6 at 2:06 pm

    Property Features for 210 Britt Mill Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bedrooms
    2
    Bathrooms
    1
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2
    Parking features
    Garage
    Standard status
    Active
    APN
    37-21
    Size
    1,044 SF
    Lot size
    79.27 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kraig Moore

    Listing agent Kraig Moore

    Listing office National Land Realty, Bowling Green, KY 2724 Halifax Bailey Road, Bowling Green, KY

    Listing date May 1, 2026

    MLS# 11739310 Listing URL

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

    HighLights

    • 79± acres divided into 19 individual tracts, offering flexibility.
    • Dual road frontage on Britt Mill Road and State Highway 31‑E, providing excellent accessibility.
    • Prime location: 40 minutes from Bowling Green and 15 minutes from Glasgow.
    • Productive, open farmland suitable for agriculture, residential development, or commercial use.
    • Tract sizes range from 0.84 acres to 15.06 acres, catering to various buyer needs.
    • Auction format allows buyers to bid on one or multiple tracts.

    Overview

    Prime Land Auction in Glasgow, KY

    Seventy-nine acres will be sold at auction on May 30, 2026, in 19 individual tracts. The tracts range from 0.84 acres up to 15.06 acres. The land is productive, open farmland with excellent topography, suitable for continued agricultural use, residential development, or commercial opportunities. The property has dual road frontage, with the western boundary along Britt Mill Road and the eastern boundary fronting State Highway 31-E, a major route connecting Bowling Green and Glasgow. This provides direct access from two separate roads, ensuring every tract is accessible. The commercial-facing tracts along the highway have development potential with high visibility and traffic count. The location is convenient, 40 minutes from Bowling Green and 15 minutes from Glasgow, with easy access to shopping, services, and major corridors. The property is located on Britt Mill Road in Barren County, Kentucky.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Department Store Travel Agency Bed & Breakfast Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Glasgow
    County
    Barren
    State
    Kentucky
    Longitude
    -86.028274
    Latitude
    36.88275

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    FAQs

    What type of property is this?
    Agricultural land / Farmland - 79 acres in 19 tracts, ideal for various uses.
    Where is this agricultural land / farmland located?
    The property is located at 210 Britt Mill Road Glasgow, KY.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: 79± acres divided into 19 individual tracts, offering flexibility.; Dual road frontage on Britt Mill Road and State Highway 31‑E, providing excellent accessibility.; Prime location: 40 minutes from Bowling Green and 15 minutes from Glasgow.
    (270) 792-4018
    We can help!
    Listing Contact
    Kraig Moore
    Learn More
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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
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