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    2550 Loretto Rd Lebanon, KY 40033

    For Sale
    $331,900

    Farm/Estate - Lebanon, KY

    Type:Farm
    Lot size:
    28.86 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 2550 Loretto Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Parking features
    Garage
    Lot size
    28.86 Acres

    Building Details

    Architectural style
    Other

    May And Parman Agency Inc

    Listing agent Monty Parman (270) 692-2153

    Listing date Nov 6, 2025

    MLS# 11398020 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

    28.86 Acres Farm/Estate Land

    This 28.86 acre property is located on Loretto Road, approximately 0.6 miles from the city limits and slightly over a mile from the Hampton Inn. Situated outside the city limits, the land is not subject to zoning regulations, but land use is governed by Lebanon Planning & Zoning. The property presents various opportunities, featuring cropland, pastureland, and several potential home sites, as well as a small pond.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Marion
    State
    Kentucky
    Longitude
    -85.293401
    Latitude
    37.584145

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    FAQs

    What type of property is this?
    Farm - 28.86 acres of land near Lebanon, KY.
    Where is this farm located?
    The property is located at 2550 Loretto Rd Lebanon, KY.
    What is the asking price?
    The asking price for this property is $331,900.
    What are key features of this property?
    This property features: - 28.86 acres m/l of land offers ample space and potential.; - Outside city limits, providing freedom from zoning restrictions.; - Cropland and pastureland suitable for agricultural use.
    (270) 692-2153
    Request Owner's contact information
    2550 Loretto Rd Lebanon, KY 40033
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    Lebanon, KY 40033
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    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
    2550 Loretto Rd Lebanon, KY 40033
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