Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    4000 AUNT JANE TABERNACLE RD Marion, KY 42064

    View on Map
    Claim this Listing
    For Sale
    $246,500

    Vacant Land - Marion, KY

    Lot size:
    43.60 Acres
    Added:
    Aug 12, 2024
    Days on Market:
    634
    Last Refresh:
    May 7 at 6:06 pm

    Property Features for 4000 AUNT JANE TABERNACLE RD

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    APN
    134458
    Lot size
    43.60 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Darrin Tabor
    Darrin Tabor

    Listing agent Darrin Tabor

    Listing office Homestead Auction & Realty 308 N Main Street, Marion, KY

    Listing date Aug 12, 2024

    MLS# 11332460 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

    • Garage parking
    • Location: Latitude 37.41437, Longitude -88.1471

    Overview

    Vacant Land in Marion, KY

    This property features 43.6 acres of vacant land located in Marion, Kentucky. The property is identified by the postal code 42064.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Grocery & Convenience Store Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Crittenden
    State
    Kentucky
    Longitude
    -88.147101
    Latitude
    37.414371

    Nearby Similar for Sale

    • $559,000
      1,886 SF

      Marion, KY Turn-Key Rental Property

      Turn-key short-term rental and recreational investment opportunity on 35 acres.
      400 Jeff Clements Road, Marion, KY 42064
      View Details
    • $625,000
      2,620 SF

      Commercial Building in Marion, KY

      Operating business for sale on Main St, Marion, KY.
      433 s main, MARION, KY 42064
      View Details
    • $559,000

      Turn-Key Rental and Recreational Property

      Residential, short-term rental, and recreational investment opportunity on 140 acres.
      400 Jeff Clements Road, Marion, KY 42064
      View Details
    • $300,000

      Marion, KY Farm/Estate Opportunity

      27-acre farm within Marion city limits, development potential.
      101 Rochester Ave, marion, KY 42064
      View Details
    • $40,000

      Residential Land with Pond

      1.9 acres of residential land ready for construction.
      109 Briarwood Dr., Marion, KY 42064
      View Details
    • $175,000
      288 SF

      Hunting Tract with Cabin

      37.18 acre hunting tract with cabin near Marion, KY.
      427 Caney Fork Road, Marion, KY 42064
      View Details
    • $94,900

      Unrestricted Land in Marion, KY

      20.11 acres of unrestricted land suitable for various uses.
      000 Blackburn Church Rd, Marion, KY 42064
      View Details
    • $540,000

      Marion, KY Hunting and Timber

      119.8-acre property with hunting opportunities, timber, and open ground.
      0 Turkey Knob Road, Marion, KY 42064
      View Details
    • $274,900

      Country Home with Functional Acreage

      5.10+/- acre country home with shop building near Marion, KY.
      1131 A. T. Crider Road, Marion, KY 42064
      View Details
    • $385,000

      Marion, KY Vacant Land

      95 acre vacant land with crop ground and timber.
      599 Levias RD, Marion, KY 42064
      View Details
    • $249,000

      Farm with Barn and Fencing

      Farm/Estate with barn, fencing, shed, and attached garage.
      599 Levias RD, marion, KY 42064
      View Details
    • $145,000

      Marion, KY Wooded Land Tract

      28-acre wooded tract suitable for hunting or secluded home.
      000 Irma White Rd, Marion, KY 42064
      View Details

    FAQs

    What type of property is this?
    Land - 43.6 acres of vacant land for sale in Marion.
    Where is this land located?
    The property is located at 4000 AUNT JANE TABERNACLE RD Marion, KY.
    What is the asking price?
    The asking price for this property is $246,500.
    What are key features of this property?
    This property features: Garage parking; Location: Latitude 37.41437, Longitude -88.1471
    (270) 965-9999
    We can help!
    Listing Contact
    Darrin Tabor
    Darrin Tabor
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    4000 AUNT JANE TABERNACLE RD, Marion, KY 42064
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!