Sign Up Successful!
You now have access to more from Realmo!
    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

    240 Deerfield Cir Benton, KY 42025

    Sponsored
    For Sale
    Contact for pricing

    Residential - Benton, KY

    Lot size:
    0.44 Acres
    Days on Market:
    393
    Last Refresh:
    Jan 27 at 1:06 pm

    Property Features for 240 Deerfield Cir

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.44 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Becky Ray

    Park Avenue Properties (270) 527-7055

    Listing agent Becky Ray (270) 527-7055 License #197791

    Listing date Dec 31, 2024

    MLS# 120324 Listing URL

    Copyright © 2026 Western Kentucky Regional MLS Inc. 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

    Residential Building Lot in Subdivision

    This residential building lot, approximately 0.44 acres, is situated in a subdivision with convenient access to Benton, Paducah, Calvert City, and I-69. The location benefits from proximity to a county park that provides recreational activities. The subdivision features a lake and existing homes. This lot offers the opportunity to build a home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Marshall
    State
    Kentucky
    Longitude
    -88.344172
    Latitude
    36.9327

    Nearby Similar for Sale

    • $225,000

      Two-Story Commercial Building in Benton

      Two-story commercial building with ample room for business operations.
      208 E 11Th St, Benton, KY 42025
      View Details
    • $1,050,000

      Established Automotive Service Property

      Commercial property operating as Parker Quik Lube in Benton, Kentucky.
      38 Main St, Benton, KY 42025
      View Details
    • $899,900
      3,600 SF

      Farm Estate with Custom Home

      55.67-acre farm estate with a custom-built 4-bedroom home.
      1795 Dunn Cemetery Rd, Benton, KY 42025
      View Details
    • New
      $290,000

      Well-Maintained Duplex Near Schools

      Desirable duplex in Benton, KY, near Draffenville and Calvert City.
      20 Hamilton Dr, Benton, KY 42025
      View Details
    • $1,400,000
      1,818 SF

      Benton, KY Berm Home

      Unique berm home on 97 acres with farming potential.
      7146 Kirksey Rd, Benton, KY 42025
      View Details
    • $848,900

      Turnkey Restaurant and Bar Opportunity

      Operating restaurant and bar near Jonathan Creek, a turnkey opportunity.
      11728 E Us Highway 68, Benton, KY 42025
      View Details
    • $649,000

      Benton, KY Fourplex Investment

      Fully leased fourplex in Benton, KY with modern amenities.
      220 Morningside Dr, Benton, KY 42025
      View Details
    • $925,000

      Benton, KY Commercial Property

      Spacious commercial property with ample parking in Benton, KY.
      145 Vine St, Benton, KY 42025
      View Details
    • $199,900

      Benton Commercial Building with Expansion

      1,240 sq ft commercial building with expansion potential in Benton.
      806 Poplar St, Benton, KY 42025
      View Details
    • $145,900
      16.22 Acres

      Productive Cropland Near Kentucky Lake

      16+/- acre tillable tract in Marshall County, Kentucky.
      000 Slaugher Rd, Benton, KY 42025
      View Details
    • $930,000

      Versatile Commercial Space on Highway

      12,000 SF commercial building on 2.08 acres.
      1071 Us Highway 68 E, Benton, KY 42025
      View Details
    • $299,900

      Commercial Office Building in Benton, KY

      Well-maintained commercial office building with highway access in Benton, KY.
      448 Us-68, Benton, KY 42025
      View Details

    FAQs

    What type of property is this?
    Land - Residential lot in a convenient location with recreational opportunities.
    Where is this land located?
    The property is located at 240 Deerfield Cir Benton, KY.
    What is the asking price?
    The asking price for this property is $5,900.
    What are key features of this property?
    This property features: - Conveniently located in Draffenville with easy access to Benton, Paducah, Calvert City, and I-69.; - Adjacent to a beautiful county park offering recreational activities.; - Located in a great subdivision with many nice homes and a lovely lake.
    (270) 205-5731
    Request Owner's contact information
    240 Deerfield Cir Benton, KY 42025
    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.
    240 Deerfield Cir
    Benton, KY 42025
    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
    240 Deerfield Cir Benton, KY 42025
    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
    Becky Ray
    Real Estate License ID: 197791
    (270) 205-5731
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.