Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lake Barkley Waterfront Land Title is generated by Realmo AI

    000 Stetson, Eddyville, KY 42038

    View on Map
    Claim this Listing
    New
    Picture of Waterfront Land at 000 Stetson, Eddyville, KY
    For Sale
    $39,000

    Residential - Eddyville, KY

    Lot size:
    2.72 Acres
    Added:
    May 28, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 3 at 12:06 pm

    Property Features for 000 Stetson

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.72 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Amber Derringer
    Amber Derringer

    Listing agent Amber Derringer License #283443

    Listing office EXIT REALTY KEY GROUP 3177 U.S. Highway 641, Benton, KY

    Listing date May 28, 2026

    MLS# 137217 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

    • Picturesque setting on Lake Barkley
    • Large lot with several potential building sites
    • Year round views
    • Waterfront feature on Lake Barkley

    Overview

    This 2.72-acre residential land is located in Eddyville, Kentucky, and offers year-round views of Lake Barkley. The property features several potential building sites. According to the listing, the property is currently not dockable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Eddyville
    County
    Lyon
    State
    Kentucky
    Longitude
    -88.015787
    Latitude
    36.967329

    Nearby Similar for Sale

    • $800,000
      7,000 SF

      Newer Construction Commercial Building

      Newer construction commercial building in prime Eddyville location.
      220 Hwy 62 W, Eddyville, KY 42038
      View Details
    • $329,900

      Campground Near Lake Barkley

      26.22-acre campground with income potential near Lake Barkley.
      620 Perry Springs Road, Eddyville, KY 42038
      View Details
    • $369,900
      1,500 SF

      Eddyville Commercial Property with Canopy

      High-visibility corner lot with flexible office and retail space.
      668 Frank Tanner Ave., Eddyville, KY 42038
      View Details
    • $2,300,000

      Event Center Near Barkley Lake

      Event center with restaurant, bar, and wine-making operation.
      2967 State RTE 93 S, Eddyville, KY 42078
      View Details
    • $225,000

      Commercial Building on 1.39 Acres

      Commercial building with frontage on Hwy 62 in Eddyville.
      568 US HWY 62 E, Eddyville, KY 42038
      View Details
    • $100,000

      Lakeside Property with Garage

      1.32-acre property near Lake Barkley with detached garage.
      40 Oriole Dr., Eddyville, KY 42038
      View Details
    • $709,000

      Lake Barkley Triplex Investment Opportunity

      Triplex with short-term rental history and lake views.
      157 Lakeshore Dr, Eddyville, KY 42038
      View Details
    • $59,900

      Lake Barkley View Land Parcel

      4.46 acre residential land near Lake Barkley with water views.
      0 Algonquin Road, Eddyville, KY 42038
      View Details
    • $349,000

      Lyon County Hunting Tract

      71.89± acre hunting tract near Lake Barkley.
      9880 State Route 93 South, Eddyville, KY 42038
      View Details
    • $15,000

      Wooded Lot Near Lake Barkley

      Wooded lot near Eddy Creek Bay at Lake Barkley.
      Lot 80 Lisanby Road, Eddyville, KY 42038
      View Details
    • $34,900

      Barkley Lake Waterfront Lots

      Three waterfront lots on Barkley Lake, approximately 2 acres each.
      Lots 24E,25E,26 Parkersville Road, Eddyville, KY 42038
      View Details
    • $28,000

      Wooded Lot Near Lake Barkley

      Wooded lot near Lake Barkley, perfect for building your dream home.
      Lot 44/45 Lisanby Road, Eddyville, KY 42038
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Residential land with year-round lake views in Eddyville, KY.
    Where is this waterfront land located?
    The property is located at 000 Stetson Eddyville, KY.
    What is the asking price?
    The asking price for this property is $39,000.
    What are key features of this property?
    This property features: Picturesque setting on Lake Barkley; Large lot with several potential building sites; Year round views
    (270) 906-3006
    We can help!
    Listing Contact
    Amber Derringer
    Amber Derringer
    Real Estate License ID: 283443
    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
    000 Stetson, Eddyville, KY 42038
    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!