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    Dp 586 Nippa, KY 41240

    For Sale
    $179,000

    Residential Land - Nippa, KY

    Lot size:
    16.00 Acres
    Days on Market:
    290
    Last Refresh:
    Dec 7 at 7:06 pm

    Property Features for Dp 586

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Barn/Outbuildings, Driveway Installed, Hillside Acreage Included
    Lot size
    16.00 Acres

    Building Details

    Architectural style
    Other
    Additional Structures
    Barn(s), Outbuilding

    First Choice Realty & Assoc. (606) 788-9002

    Listing agent Doug Wireman (606) 788-9002

    Listing date Feb 21, 2025

    MLS# 124465 Listing URL

    Copyright © 2025 Eastern Kentucky 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

    Nippa, KY Land For Sale

    This property features 16 acres of unrestricted land located in Nippa, KY, adjacent to U.S. 23. The site is conveniently situated between Paintsville and Louisa. According to the listing, the land could be used commercially to capitalize on the traffic from Hilltop Market by developing a strip mall or flea market. The area to the right of the parking lot offers ample space. The property behind the market is suitable for various business ventures. Alternatively, the site could accommodate a large home where the garage is located.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Nippa
    County
    Johnson
    State
    Kentucky
    Longitude
    -82.779498308941
    Latitude
    37.875756292537

    FAQs

    What type of property is this?
    Land - 16 acres of unrestricted land adjacent to U.S. 23.
    Where is this land located?
    The property is located at Dp 586 Nippa, KY.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: - 16 acres of unrestricted land offers endless possibilities.; - Adjacent to U.S. 23, benefit from high traffic exposure.; - Potential for commercial development such as a strip mall or flea market.
    (606) 788-9002
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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
    Dp 586 Nippa, KY 41240
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