Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Foster Ln Stanford, KY 40484

    Pending
    For Sale
    $839,000

    LAND - Stanford, KY

    Lot size:
    48.20 Acres
    Days on Market:
    86
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for Foster Ln

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Lot size
    48.20 Acres

    Utilities

    Utilities
    Water Available

    Lincoln Realty & Auction Company 3652331

    Listing agent Karen Clarkson (606) 365-2331

    Listing date Sep 12, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land for 55+ Community

    This 48.202-acre property in Stanford, KY, is intended for the development of a gated 55+ community. The proposed plat map provides further details. The property includes commercial lots 1, 75, 77, and 78. Lots 2-16 and 58-74 are designated for multifamily and duplex development, with many other lots intended for residential use. Parcel A consists of 5.453 acres suitable for commercial storage or multifamily housing, while Parcel B includes 1.943 acres also intended for commercial storage or multifamily housing. The proposed plat indicates existing utilities, including gas, electric, and sewer. Lot 79 is not included in the sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Stanford
    County
    Lincoln
    State
    Kentucky
    Longitude
    -84.673757
    Latitude
    37.543354

    Nearby Similar for Sale

    • $675,000
      4.18 Acres

      Established Business on Highway 150

      Turnkey business opportunity with real estate and multiple income streams.
      3080 W Us Highway 150, Stanford, KY 40484
      View Details
    • $499,000
      6,400 SF

      Established Commercial Building on Highway 27

      Commercial building with three occupied units on high-traffic Highway 27.
      3402 Us Highway 27, Stanford, KY 40484
      View Details
    • $2,300,000
      1,296 SF

      Established Self-Storage Facility with Expansion

      95% occupied self-storage facility with retail space and expansion potential.
      701 Danville Ave, Stanford, KY 40484
      View Details
    • $350,000
      1,728 SF

      Commercial Building on U.S. Highway

      High-visibility commercial building suitable for retail, office, or service businesses.
      112 Troy Ave, Stanford, KY 40484
      View Details
    • $1,300,000
      189.00 Acres

      189-Acre Farm Near Stanford, KY

      189-acre farm near Stanford and Lexington with fertile land.
      3330 Ky, Stanford, KY 40484
      View Details
    • $199,000

      Well-Maintained Duplex in Stanford, KY

      Duplex with long-term occupants, ideal for investment near amenities.
      43 A&B Jessica Way, Stanford, KY 40484
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land suitable for a gated 55+ community development.
    Where is this residential land & home lot located?
    The property is located at Foster Ln Stanford, KY.
    What is the asking price?
    The asking price for this property is $839,000.
    What are key features of this property?
    This property features: - Opportunity to develop a gated 55+ community.; - Includes commercial lots (1, 75, 77, 78) and parcels (A & B) suitable for commercial storage and/or multifamily housing.; - Multifamily and duplex lots available (2-16 and 58-74).
    (606) 365-2331
    Request Owner's contact information
    Foster Ln Stanford, KY 40484
    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.
    Foster Ln
    Stanford, KY 40484
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Foster Ln Stanford, KY 40484
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.