Your AI Navigator in Commercial Real Estate
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

    240 Malone Rdg Rd Albany, KY 42602

    For Sale
    $43,900

    Vacant Land - Albany, KY

    Lot size:
    3.60 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 240 Malone Rdg Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Lot size
    3.60 Acres

    Building Details

    Architectural style
    Other

    United Country - Lakes and Land Realty (606) 387-0020

    Listing agent James Craig (606) 387-0020

    Listing date Nov 7, 2025

    MLS# 11603233 Listing URL

    Copyright © 2025 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.

    Overview

    Unrestricted Land in Albany, Kentucky

    This expansive 3.6 +/- acre property offers unrestricted living. The land is mostly wooded and semi-secluded. Water is readily available on-site, and an electric meter is already in place. An existing foundation for a mobile home is present. The property has road frontage, and ATV trails wind through the land. The property is near the Kentucky Department of Fish and Wildlife, providing recreational opportunities. The property is located in Albany, Kentucky.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Clinton
    State
    Kentucky
    Longitude
    -85.2029
    Latitude
    36.8309

    Nearby Similar for Sale

    • $550,000
      3,143 SF

      Commercial Building in High-Traffic Area

      Well-maintained commercial building with two rental units in Albany, KY.
      108 Plaza Dr, Albany, KY 42602
      View Details
    • $85,000

      Albany Commercial Building with Office

      20,000+SF industrial building with office and parking on 2.59± acres.
      2672 Business, Albany, KY 42602
      View Details
    • Contact for pricing
      20,000 SF

      2672 Business

      Fertilizer/Ag Sales and Real Estate | Auction, Albany, KY
      2672 Business, Albany, KY 42602
      View Details
    • $139,900
      0.17 Acres

      Downtown Albany Commercial Building For Sale

      Charming brick building in downtown Albany with drive-through potential.
      507 Cross St, Albany, KY 42602
      View Details
    • $299,000
      850 SF

      Kentucky Farmhouse and Land

      48-acre working farm near Lake Cumberland with development potential.
      1576 Shelton Town Rd, Albany, KY 42602
      View Details
    • $254,900
      0.14 Acres

      Albany, KY Commercial Building

      Gas station and shop with garage in downtown Albany.
      217 S Washington St, Albany, KY 42602
      View Details

    FAQs

    What type of property is this?
    Land - 3.6 acre property with water and electric meter.
    Where is this land located?
    The property is located at 240 Malone Rdg Rd Albany, KY.
    What is the asking price?
    The asking price for this property is $43,900.
    What are key features of this property?
    This property features: - Large 3.6 +/- acre unrestricted property offering flexibility for various uses.; - Existing foundation for a mobile home provides a head start.; - Water readily available on-site and electric meter already in place.
    (606) 387-0020
    Request Owner's contact information
    240 Malone Rdg Rd Albany, KY 42602
    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 Malone Rdg Rd
    Albany, KY 42602
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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 Malone Rdg Rd Albany, KY 42602
    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
    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.