Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Picturesque Land in Jessamine County Title is generated by Realmo AI

    101 Fresian Court lot 6, Wilmore, KY 40390

    View on Map
    Claim this Listing
    For Sale
    $295,000

    LAND - Wilmore, KY

    Lot size:
    5.00 Acres
    Added:
    Jan 14, 2026
    Days on Market:
    136
    Last Refresh:
    May 30 at 7:06 pm

    Property Features for 101 Fresian Court lot 6

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AR
    Standard status
    Active
    APN
    012-00-00-016.09
    Lot size
    5.00 Acres

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Oleg V Korchevoy

    Listing agent Oleg V Korchevoy License #210204

    Listing office Lifstyl Real Estate 114 Pasadena Drive, Lexington, KY

    Listing date Jan 14, 2026

    MLS# 26000940 Listing URL

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

    HighLights

    • Large 5+ acre lot in Jessamine County, ideal for building a dream home.
    • Walkout basement lot with great views and mature trees.
    • Suitable for country living, homesteading, and horse lovers; farm animals allowed.
    • Convenient location: minutes to Man‑o‑War via low‑traffic Harrodsburg Road.
    • Underground electric, fiber optic, and water utilities available to each lot.
    • Private and secluded new development with favorable restrictions and outbuildings permitted.

    Overview

    This 5+ acre lot offers an opportunity to build a dream home in Jessamine County. The property is a walkout basement lot with views and mature trees. Underground electric, fiber optic, and water utilities are available to the lot. Restrictions are favorable for homesteaders, horse and farm animal lovers, and outbuildings are permitted with exterior approval. Located minutes from Man-o-War via Harrodsburg Road, the lot is part of a new development. The location provides privacy and seclusion, yet is minutes from shopping and services via Harrodsburg Road. The property is ideal for those seeking a country setting with convenient access to amenities.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Wilmore
    County
    Jessamine
    State
    Kentucky
    Longitude
    -84.696475
    Latitude
    37.888758

    Nearby Similar for Sale

    • $229,900
      1,867 SF

      Commercial Building in Downtown Wilmore

      1,867 SF commercial building in walkable downtown Wilmore.
      111 E Main Street, Wilmore, KY 40390
      View Details
    • $142,900

      Residential Lot in Jewell Pointe

      One-acre residential building lot with farmland views in established community.
      18 Grandview Trail, Wilmore, KY 40390
      View Details
    • $142,900

      Residential Lot in Jewell Pointe

      One-acre residential building lot with farmland views in established community.
      11 Grandview Trail, Wilmore, KY 40390
      View Details
    • $120,000

      Equestrian Reserve Land For Sale

      1.13 acre lot ready for custom home in Wilmore.
      2222 Lesley Trail lot: 3, Wilmore, KY 40390
      View Details
    • $140,000

      Residential Land in Wilmore, KY

      Residential land for sale in Wilmore's Talbott neighborhood.
      312 Witts Lane, Wilmore, KY 40390
      View Details
    • $145,000

      Residential Lot in Wilmore, KY

      1.02 acre residential lot in a quiet neighborhood.
      147 Lesley Trail, Wilmore, KY 40390
      View Details
    • $139,900

      Residential Building Lot in Wilmore

      One-acre residential lot in established community with farmland views.
      12 Grandview Trail, Wilmore, KY 40390
      View Details
    • $144,900

      Residential Lot in Jewell Pointe

      One-acre residential building lot with farmland views in established community.
      13 Grandview Trail, Wilmore, KY 40390
      View Details
    • $509,000

      Kentucky Land with Farmhouse Potential

      43+/- acre tract in Jessamine County, ideal for farming.
      1975 High Bridge Road, Wilmore, KY 40390
      View Details
    • $250,000

      Wilmore, KY Land Opportunity

      Picturesque 5+ acre lot in Jessamine County.
      401 Appaloosa Trail lot: 17, Wilmore, KY 40390
      View Details
    • $295,000

      Picturesque Land in Jessamine County

      5+ acre lot perfect for homesteaders and horse lovers.
      305 Appaloosa Trail lot: 11, Wilmore, KY 40390
      View Details
    • $340,000

      Picturesque Land in Jessamine County

      5+ acre lot perfect for homesteaders and horse lovers.
      306 Appaloosa Trail lot: 22, Wilmore, KY 40390
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 5+ acre lot perfect for homesteaders and horse lovers.
    Where is this residential land & home lot located?
    The property is located at 101 Fresian Court lot 6 Wilmore, KY.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: Large 5+ acre lot in Jessamine County, **ideal for building a dream home.**; Walkout basement lot with great views and mature trees.; Suitable for country living, homesteading, and horse lovers; farm animals allowed.
    (859) 551-8415
    We can help!
    Listing Contact
    Oleg V Korchevoy
    Real Estate License ID: 210204
    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
    101 Fresian Court lot: 6, Wilmore, KY 40390
    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!