Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Beattyville Land: Versatile 9-Acre Property Title is generated by Realmo AI

    312 Poor Farm Road, Beattyville, KY 41311

    View on Map
    Claim this Listing
    Pending
    $149,000

    LAND - Beattyville, KY

    Lot size:
    8.96 Acres
    Added:
    May 22, 2025
    Days on Market:
    364
    Last Refresh:
    May 20 at 1:06 am

    Property Features for 312 Poor Farm Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    046-00-00-039.04
    Lot size
    8.96 Acres

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Michelle Rush

    Listing agent Michelle Rush

    Listing office RE/MAX Creative Realty 2808 Palumbo Drive, Lexington, KY

    Listing date May 22, 2025

    MLS# 25010755 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

    • 9‑acre wooded property with city water and sewer already connected to the main build site.
    • Zoned commercial and residential with no HOA or restrictions, and can be subdivided.
    • Conveniently located just one mile outside city limits and close to premier rock climbing destinations.
    • Free overhead electrical installation (up to 1,000 ft) and high‑speed internet availability.
    • Second easement driveway access provides flexibility for multiple build sites or investment opportunities.
    • Mature trees and a small pond enhance the natural beauty and privacy.

    Overview

    This 8.964-acre wooded property is located one mile outside city limits, offering a blend of privacy and convenience. It is situated 5.8 miles from the PMRP and 4.6 miles from Miller Fork, both known rock climbing destinations. A gravel driveway provides access throughout the property. City water and sewer services have been extended to the main build site, featuring three water access points and two additional water spigots, with sewer already tapped. Free overhead electrical installation is available for up to 1,000 feet, and high-speed internet is accessible. The property is zoned for both commercial and residential use and allows for subdivision, with no HOA or restrictions. A second easement driveway provides additional access, offering flexibility for multiple build sites or investment opportunities. Mature trees and a small pond enhance the natural landscape. The property is suitable for a private retreat, recreational getaway, mini farm, or mixed-use investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Pharmacy Furniture & Home Goods Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Beattyville
    County
    Lee
    State
    Kentucky
    Longitude
    -83.695669
    Latitude
    37.596712

    Nearby Similar for Sale

    • $699,000
      3,500 SF

      Turn-Key Motel with Coffee Shop

      Motel with furnished rooms, house, and functioning coffee shop.
      1165 S KY-11, Beattyville, KY 41311
      View Details
    • $28,000

      Beattyville Land on Highway 52

      Rectangular, partially wooded 2.87-acre lot near downtown Beattyville.
      Hwy 52 E, Beattyville, KY 41311
      View Details
    • $600,000

      Versatile 120-Acre Land in Beattyville

      Multi-use country retreat with development potential near attractions.
      371 Big Branch Road, Beattyville, KY 41311
      View Details
    • $365,000

      Cliff Line Land For Sale

      One acre of land with cliff line and forest access.
      HWY 52 W, Beattyville, KY 41311
      View Details
    • $85,000

      Land Near Outdoor Recreation Paradise

      2 acres of level land near Kentucky's outdoor attractions.
      7777 State Highway 2016, Beattyville, KY 41311
      View Details
    • $225,000

      30 Acres Near Recreational Preserves

      30-acre land parcel near Miller Fork Recreational Preserve.
      9999 Tip Top Road, Beattyville, KY 41311
      View Details
    • $85,000

      20 Acres of Kentucky Land

      20 acres of land for recreation, hunting, or building.
      Marshall Drive, Beattyville, KY 41311
      View Details
    • $140,000

      Kentucky Farmland Near Kentucky River

      37 acres of prime farmland with river access.
      117 Bradley Lane, Beattyville, KY 41311
      View Details
    • $120,000

      26 Acres in Beattyville, KY

      26 acres of wooded land perfect for recreation or building.
      617 Walk Log Branch Road, Beattyville, KY 41311
      View Details
    • $750,000

      93.6 Acres Near Red River

      93.6 acres near Hollerwood, Natural Bridge, and Red River Gorge.
      9999 Hwy 1036, Beattyville, KY 41311
      View Details
    • $55,000

      Land in Sunrise Mountain Retreat

      3.17 acres in a gated mountain community.
      Sunrise Mountain Retreat lot: 18, Beattyville, KY 41311
      View Details
    • $25,000

      Secluded Lots Near Downtown

      Private lots near downtown, close to parks.
      E Main Street, Beattyville, KY 41311
      View Details

    FAQs

    What type of property is this?
    Commercial land - 9-acre wooded property near rock climbing destinations with utilities.
    Where is this commercial land located?
    The property is located at 312 Poor Farm Road Beattyville, KY.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: 9‑acre wooded property with city water and sewer already connected to the main build site.; Zoned commercial and residential with no HOA or restrictions, and can be subdivided.; Conveniently located just one mile outside city limits and close to premier rock climbing destinations.
    (513) 604-6868
    We can help!
    Listing Contact
    Michelle Rush
    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
    312 Poor Farm Road, Beattyville, KY 41311
    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!