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    Spacious Ranch Home with Acreage Title is generated by Realmo AI

    1113 Hays Pondsville Road, Smiths Grove, KY 42171

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    Claim this Listing
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    For Sale
    $459,900

    Residential Farm, Raised Ranch - Smiths Grove, KY

    Type:Farm
    Property size:
    2,868 SF
    Lot size:
    10.14 Acres
    Price / SF:
    $160/SF
    Added:
    May 27, 2026
    Days on Market:
    4
    Last Refresh:
    May 30 at 8:06 pm

    Property Features for 1113 Hays Pondsville Road

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bonus Room, Family Room
    Parking features
    Carport, Driveway
    Patio and Porch features
    Patio
    Interior features
    Ceiling Fan(s), Chandeliers, Closet Light(s), Walk-in Closet(s), Other-See Remarks
    Exterior features
    Out Building, Concrete Walks, Covered Patio, Garden Area, Landscaping, Other-see Remarks, Patio, Storage Building, Storage Shed, All/Perimeter, Backyard Fence, Barb Wire Fence, Fenced Yard, High Tensil, Plank Fence, Woven Wire, Fence
    Fencing
    Fenced, Perimeter
    Basement Y/N
    1
    Standard status
    Active
    APN
    087A-70-001 & 087A-70
    Size
    2,868 SF
    Lot size
    10.14 Acres

    Utilities

    Heating system
    Central, Heat Pump (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1960
    Flooring type
    Carpet, Concrete, Hardwood, Tile, Vinyl
    Building materials
    Brick, Masonite
    Roof type
    Metal, Shingle
    Architectural style
    Ranch
    Additional Structures
    Packing Shed, See Remarks, Shed(s), Storage

    We can help!

    Listing Contact
    Zachary French

    Listing agent Zachary French License #262677

    Listing office Mills Real Estate & Auction 1598 Old Gallatin Road, Scottsville, KY

    Listing date May 27, 2026

    MLS# RA20263091 Listing URL

    Copyright © 2026 REALTOR® Association of Southern Kentucky, 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

    • 10.14 +/- acres of fully fenced land suitable for various uses.
    • Spacious raised ranch home with 6 bedrooms and 2 bathrooms.
    • Finished main‑level bonus room and full finished walkout basement provide ample living space.
    • Potential to divide the property into two parcels: a home with 5+/- acres and a separate 5.14+/- acre tract.
    • Outdoor features include a covered patio, fenced pasture, and a run‑in shed.
    • Conveniently located in a peaceful rural setting within reach of Bowling Green and surrounding communities.

    Overview

    Located in the countryside of Smiths Grove, Kentucky, this property features a spacious raised ranch home on 10.14 acres of fully fenced land. The property offers the potential to be divided into two parcels: one with the home on 5 acres, and a separate 5.14-acre tract. The home includes 6 bedrooms and 2 bathrooms, with a functional layout that features a finished main-level bonus room and a full finished walkout basement. The basement provides additional living space suitable for various purposes. Outdoor features include a covered patio overlooking the property, fenced pasture ground, and a run-in shed for livestock or agricultural use. The property is conveniently located in a peaceful rural setting, within reach of Bowling Green and surrounding communities. The property offers a combination of country living and usable acreage. The home has 2,868 square feet of living space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Pet Store & Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Smiths Grove
    County
    Warren
    State
    Kentucky
    Longitude
    -86.1458431
    Latitude
    37.0188518

    Nearby Similar for Sale

    • $1,299,900
      3,265 SF

      Spacious Farmhouse on 21 Acres

      Six-bedroom home with in-law suite on 21 acres.
      644 M Johnson Road, Smiths Grove, KY 42171
      View Details
    • $284,000

      Warren County Farm Land

      Gently rolling farm land with barn near Smiths Grove, KY.
      4305 Hydro Pondsville Road, Smiths Grove, KY 42171
      View Details

    FAQs

    What type of property is this?
    Farm - Country living with usable acreage near Bowling Green, Kentucky.
    Where is this farm located?
    The property is located at 1113 Hays Pondsville Road Smiths Grove, KY.
    What is the asking price?
    The asking price for this property is $459,900.
    What are key features of this property?
    This property features: 10.14 +/- acres of fully fenced land suitable for various uses.; Spacious raised ranch home with 6 bedrooms and 2 bathrooms.; Finished main‑level bonus room and full finished walkout basement provide ample living space.
    (270) 780-7777
    We can help!
    Listing Contact
    Zachary French
    Real Estate License ID: 262677
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    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.

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    1113 Hays Pondsville Road, Smiths Grove, KY 42171
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