Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    19 Yates Road Stanford, KY 40484

    View on Map
    Claim this Listing
    For Sale
    $113,000

    LAND - Stanford, KY

    Lot size:
    6.75 Acres
    Added:
    Mar 4, 2026
    Days on Market:
    59
    Last Refresh:
    May 2 at 2:06 pm

    Property Features for 19 Yates Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AR
    Standard status
    Active
    APN
    52A-002--5
    Lot size
    6.75 Acres

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Curtis Brown

    Listing agent Curtis Brown License #268545

    Listing office Keller Williams Commonwealth - Stanford 3402 US Highway 27 S, Somerset, KY

    Listing date Mar 4, 2026

    MLS# 26004003 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.

    Overview

    6.75 Acres Development Opportunity

    This 6.75-acre property is located inside the Stanford city limits, offering development opportunities. It is situated in a growing area, minutes from Lincoln County High School, downtown Stanford, and Highway 27. Access is provided by a 60-foot permanent access easement from Yates Road. City water and electric are nearby. The property is suited for residential subdivision development with potential for approximately 16-18 residential lots. It also presents potential for commercial or investment uses, including self-storage, contractor or warehouse storage, a business park or office complex, retail or service-based businesses, or mixed-use commercial and residential development. The location is near schools, established neighborhoods, and major travel routes. Minimal restrictions are in place, with no swine, poultry, or mobile homes allowed. The property is currently zoned ag 1, but has the potential to be rezoned. The property offers the space, location, and infrastructure potential for various development concepts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Storage Facility Electrical Service Garden Center Grocery & Convenience Store Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Stanford
    County
    Lincoln
    State
    Kentucky
    Longitude
    -84.650566
    Latitude
    37.498755

    Nearby Similar for Sale

    • $535,000
      3,800 SF

      Commercial Buildings on Troy Avenue

      Two commercial buildings on 1.3 acres, generating rental income.
      17-25 N Troy Avenue, Stanford, KY 40484
      View Details
    • $319,900
      3,360 SF

      Multifaceted Commercial Building in Stanford

      Prime location, versatile space, move-in ready for various business types.
      904 E Main Street, Stanford, KY 40484
      View Details
    • $225,000
      198 SF

      Profitable Ice Business For Sale

      Turnkey ice business with growth potential near Danville Walmart.
      23 Michelle Drive, Stanford, KY 40484
      View Details
    • $1,600,000
      11,240 SF

      Commercial Property with Income Potential

      Versatile commercial property with highway frontage and income-generating opportunities.
      2983 US 150, Stanford, KY 40484
      View Details
    • $50,000

      Versatile Land Near Stanford, Kentucky

      1-acre vacant land ideal for commercial or residential development.
      2765 KY 198, Stanford, KY 40484
      View Details
    • $600,000
      31,376 SF

      Established Stockyard Market in Stanford

      Income-producing agricultural facility on 5.188 acres with 31,000+ sqft.
      265 Preachersville Road, Stanford, KY 40484
      View Details
    • $519,900

      Land For Sale, Stanford, KY

      3.25 acre commercial land with utilities in Stanford, KY.
      119 Metker Trail, Stanford, KY 40484
      View Details
    • $325,000

      Commercial Lot in Stanford, KY

      Commercially zoned 0.72 acre lot with high visibility.
      228 Powell Street, Stanford, KY 40484
      View Details
    • $183,900
      1,628 SF

      Duplex in Stanford, Kentucky

      Two-unit residential property near downtown Stanford, Kentucky.
      100 Darst Street, Stanford, KY 40484
      View Details
    • $600,000
      4,000 SF

      Commercial Property with Highway Frontage

      4+ acre commercial property with income potential and residence.
      1001 US-27, Stanford, KY 40484
      View Details
    • $279,900
      3,600 SF

      Stanford, KY Fourplex Investment

      Fourplex in Stanford, KY with long-term tenants.
      4600 Hwy 2141, Stanford, KY 40484
      View Details
    • $90,000

      Commercial Lot in Prime Location

      Commercial lot suitable for various business ventures in Stanford, KY.
      931 Lancaster Street, Stanford, KY 40484
      View Details

    FAQs

    What type of property is this?
    Commercial land - 6.75 acres inside Stanford city limits with development potential.
    Where is this commercial land located?
    The property is located at 19 Yates Road Stanford, KY.
    What is the asking price?
    The asking price for this property is $113,000.
    What are key features of this property?
    This property features: Prime 6.75‑acre development opportunity within Stanford city limits.; Potential for residential subdivision development with approximately 16‑18 lots.; Excellent location near schools, downtown, and Highway 27 corridor.
    (606) 669-4638
    We can help!
    Listing Contact
    Curtis Brown
    Real Estate License ID: 268545
    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

    19 Yates Road, Stanford, KY 40484

    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!