10608 Hwy 196, Nancy, KY 42544
- Added:
- Apr 29, 2026
- Days on Market:
- 68
- Last Refresh:
- Jul 5 at 6:06 am
Property Features for 10608 Hwy 196
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 081-00-00-003.00
- Lot size
- 0.50 Acres
Listing agent Darren Gossage License #275887 (270) 585-3334
Listing office Weichert Realtors Ford Brothers, Inc. 1406 South Highway 27, Suite A Weichert Realtor Ford Brothers, Somerset, KY (606) 679-2656
Listing date Apr 29, 2026
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
- 0.50‑acre unrestricted lot on Hwy. 196 in Jabez
- 600‑SF cabin is partially finished—framed and ready for you to complete
- Floor plan designed for 2 bedrooms and 1 full bath
- Upgrades include 2x10 roof rafters, premium windows, and modern exterior doors
- Sloped ceilings and natural light with a partially finished/open contemporary feel
- Cleared lot offers parking space for boats, trailers, and outdoor equipment
Overview
The site fronts Hwy 196 and is located in Jabez, in Russell County near Nancy, Kentucky. The lot is described as cleared, offering straightforward access and flexible space for parking and outdoor storage. The remarks note that the property is just minutes from Lake Cumberland, with access to multiple boat ramps and Wolf Creek Marina in the surrounding area.
For buyers and investors, the combination of an unrestricted lot and a head-start on the cabin build can fit multiple living and recreation plans, including finishing the cabin for personal use, or completing it as a vacation rental or full-time residence. The cleared grounds also support practical use cases such as parking an RV or camper and storing boats, trailers, and outdoor equipment.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $7.8k | $12.96 |
| − Vacancy | −$365 | −$0.61 |
| EGI | $7.4k | $12.35 |
| − OpEx | −$3.3k | −$5.56 |
| NOI | $4.1k | $6.79 |
Alternative Uses
Current Use by Public Records
Map
- City
- Nancy
- County
- Pulaski
- State
- Kentucky
- Longitude
- -84.873832
- Latitude
- 37.008022
