Add Listing
    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

    Tract#17 Legacy Trace Burkesville, KY 42717

    View on Map
    Claim this Listing
    For Sale
    $79,900

    LAND - Burkesville, KY

    Lot size:
    6.84 Acres
    Added:
    Jun 1, 2025
    Days on Market:
    322
    Last Refresh:
    Apr 18 at 9:06 pm

    Property Features for Tract#17 Legacy Trace

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    038.01
    Lot size
    6.84 Acres

    Taxes and HOA fees

    Tax Annual Amount
    665

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Needed
    Water source
    Public

    We can help!

    Listing Contact
    Bobbie Stone

    Listing agent Bobbie Stone License #275652

    Listing office eXp Realty 3401 Mallory Lane #100, Franklin, KY

    Listing date Jun 1, 2025

    MLS# 227519 Listing URL

    Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Burkesville Land with Mountain Views

    This 6.84-acre tract is located in Legacy Trace, approximately 6 miles from Dale Hollow Lake State Park, which features a marina, golf course, and restaurant. The property offers mountain views and access to ponds. Utilities are available at the street. Located on Ruel Glidewell Rd, this tract is suitable for a primary residence, short-term rental, or lake getaway. The community was developed to offer affordable properties near Dale Hollow Lake while preserving the natural surroundings. The property is one of 17 building lots, ranging in size from 1.5 acres to 7.6 acres. Restrictions apply, with no minimum square footage requirements, and short-term rentals are permitted.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Burkesville
    County
    Cumberland
    State
    Kentucky
    Longitude
    -85.3312
    Latitude
    36.7332

    Nearby Similar for Sale

    • $445,000

      Burkesville Shopping Center For Sale

      Commercial building in high-traffic area, near Dale Hollow Lake.
      200 N Main Street, Burkesville, KY 42717
      View Details
    • $499,900

      Burkesville Commercial Building with Apartment

      Mixed-use commercial building with apartment, shop, and retail space.
      709 S. Main St., Burkesville, KY 42717
      View Details
    • $179,900

      Burkesville Land Opportunity

      2.83 acres in Burkesville, Kentucky, ideal for business ventures.
      320 Keen Street, Burkesville, KY 42717
      View Details
    • $335,000

      Kentucky Farm Property Near Lakes

      7.96-acre farm property with development potential near Lake Cumberland.
      6490 Albany Rd, Burkesville, KY 42717
      View Details
    • $349,900
      1,568 SF

      Mini-Farm with River Access

      10.5-acre mini-farm with modern buildings near Cumberland River.
      5360 Salt Lick Road, Burkesville, KY 42717
      View Details
    • $375,000

      Turn-Key Horse Farm on Acres

      Horse farm on 37 acres with income potential.
      3898 Lawson Bottom Road, Burkesville, KY 42171
      View Details
    • $100,000

      Dale Hollow Lake View Lot

      2.6-acre lot near Dale Hollow Lake with lake views.
      Chestnut Hills Rd lot: 18, Burkesville, KY 42717
      View Details
    • $44,900

      Land Near Dale Hollow Lake

      4.581 acres near Dale Hollow Lake State Resort Park.
      2036 State Park Road, Burkesville, KY 42717
      View Details
    • $29,000

      Residential Lot Near Dale Hollow

      1.47 acre residential lot near Dale Hollow Lake.
      Lot 15 Megans Way, Burkesville, KY 42717
      View Details
    • $67,000

      Premier Building Site Near Lake

      3.1 acres near Dale Hollow Lake with prepared building site.
      5-7 Megans Way, Burkesville, KY 42717
      View Details
    • $199,900

      Commercial Lot in Burkesville, KY

      1.37 acre commercial lot with high traffic frontage.
      1009 North Main St., Burkesville, KY 42717
      View Details
    • $39,900

      Burkesville Vacant Land Opportunity

      1.70+/- acre parcel ideal for building a dream home.
      4187 Mud Camp Rd, Burkesville, KY 42717
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 6.84 acres near Dale Hollow Lake, ideal for building.
    Where is this residential land & home lot located?
    The property is located at Tract#17 Legacy Trace Burkesville, KY.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: Enjoy close proximity (6 miles) to Dale Hollow Lake State Park, offering a marina, golf course, and restaurant.; Large 6.84‑acre lot with scenic mountain views and pond access.; Utilities (water) available at the street.
    (864) 484-7027
    We can help!
    Listing Contact
    Bobbie Stone
    Real Estate License ID: 275652
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!