Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    4844 Bandana Rd. Kevil, KY 42053

    View on Map
    Claim this Listing
    For Sale
    $60,000

    Residential - Kevil, KY

    Lot size:
    1.00 Acre
    Added:
    Nov 15, 2025
    Days on Market:
    174
    Last Refresh:
    May 8 at 12:06 pm

    Property Features for 4844 Bandana Rd.

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Heather Williams

    Listing agent Heather Williams License #297675

    Listing office Wysh Realty, LLC 3482 Trail Head Drive, Paducah, KY

    Listing date Nov 15, 2025

    MLS# 132309 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.

    HighLights

    • All utilities are already set up on the property.
    • Concrete slab and crawlspace from a previous home are already in place.
    • Well‑maintained building suitable for a shop or she‑shed.
    • Customizable and maintainable land for building.
    • Beautiful flowers and trees on the property.
    • Quiet, country setting.

    Overview

    Residential Land with Utilities

    This one-acre residential property, located in Kevil, Kentucky, features scattered flowers and trees, offering a quiet, customizable country setting suitable for building a home. The land includes existing utility setups, along with a concrete slab and crawlspace from a previous structure. A well-maintained building is situated in the back corner of the property, potentially suitable for use as a shop. The property is located in Ballard County, with easy access to Bandana Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Hotel & Motel Auto Parts Store Department Store Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kevil
    County
    McCracken
    State
    Kentucky
    Longitude
    -88.945123
    Latitude
    37.135559

    Nearby Similar for Sale

    • $500,000

      Versatile Office Space in Kevil

      Move-in ready office space with high visibility and ample parking.
      297 Kentucky Ave, Kevil, KY 42053
      View Details
    • $490,000

      Cleared Land in Kevil, KY

      14 acres of cleared land with development potential.
      000 Gage Road, Kevil, KY 42053
      View Details
    • $81,000

      Prime Commercial Lot on Highway

      1.8-acre commercial lot with high visibility and business potential.
      Liberty Dr Lot 6b, Kevil, KY 42053
      View Details
    • $140,000

      Highway Frontage Commercial Land Opportunity

      3.6-acre commercial lot with high visibility on new Highway 60.
      Liberty Dr Lot 6a & 6b, Kevil, KY 42053
      View Details
    • $81,000

      Prime Commercial Lot on Highway

      1.8-acre lot with high visibility and business potential.
      Liberty Dr Lot 6a, Kevil, KY 43053
      View Details
    • $376,000

      Productive Farmland with Development Potential

      51 acres of farmland with income and development opportunities.
      5100 Turner Landing Road, Kevil, KY 42053
      View Details
    • $49,900

      Kevil Land with Stocked Pond

      2.5-acre residential lot with pond in Whispering Oaks.
      4175 Woodland Hill Drive, Kevil, KY 42053
      View Details
    • $1,345,000

      Kentucky Estate with Horse Barn

      Private 18-acre estate with custom-built residence and horse barn.
      2500 Biggs Road, Kevil, KY 42053
      View Details
    • $24,900

      Residential Acre Lot in Kevil

      One acre residential lot in Kevil, near Paducah.
      Lots 130 & 140 Foster Dr, Kevil, KY 42053
      View Details
    • $24,900

      Acre Lot in Kevil, KY

      One acre residential building lot near Paducah, Kentucky.
      Lots 110 & 120 Foster Dr, Kevil, KY 42053
      View Details
    • $27,500

      Acre Homesite in Kevil, KY

      One acre building lot in an up-and-coming subdivision.
      101 Foster Dr, Kevil, KY 42053
      View Details
    • $1,000,000

      Kevil Land with Highway Frontage

      40 acres in Kevil, KY, with development potential.
      11025 Old Highway 60, Kevil, KY 42053
      View Details

    FAQs

    What type of property is this?
    Land - One-acre residential land with utilities and outbuilding in Kevil, KY.
    Where is this land located?
    The property is located at 4844 Bandana Rd. Kevil, KY.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: All utilities are already set up on the property.; Concrete slab and crawlspace from a previous home are already in place.; Well‑maintained building suitable for a shop or she‑shed.
    (270) 331-2846
    We can help!
    Listing Contact
    Heather Williams
    Real Estate License ID: 297675
    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
    4844 Bandana Rd., Kevil, KY 42053
    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!