Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Land in Middlesboro, KY Title is generated by Realmo AI

    526 Balmoral Road, Middlesboro, KY 40965

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Middlesboro, KY

    Lot size:
    0.36 Acres
    Added:
    Apr 28, 2025
    Days on Market:
    396
    Last Refresh:
    May 28 at 7:06 am

    Property Features for 526 Balmoral Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    070-30-00-172.00
    Lot size
    0.36 Acres

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Megan Stanaford
    Megan Stanaford

    Listing agent Megan Stanaford

    Listing office Black Diamond Realty 1504 S Main St, Corbin, KY

    Listing date Apr 28, 2025

    MLS# 25008692 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

    • Lot available within Middlesboro city limits.
    • City utilities (water) are available.
    • Approximately 0.355 acre lot.
    • Suitable for new construction (previous home demoed).
    • Bell County PVA site information available.
    • Location coordinates provided.

    Overview

    This residential land is located within the city limits of Middlesboro, Kentucky. According to the Bell County PVA site, the lot size is approximately 0.355 acres. City utilities are available for the property. A home previously existed on the property but was demolished in April 2025. The property is sold as is, and the buyer is responsible for verifying all pertinent information.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Middlesboro
    County
    Bell
    State
    Kentucky
    Longitude
    -83.723529
    Latitude
    36.599918

    Nearby Similar for Sale

    • $182,000
      1,608 SF

      Middlesboro Commercial Opportunity For Sale

      Versatile commercial property in Middlesboro, KY, with strong potential.
      414 S 24th Street, Middlesboro, KY 40965
      View Details
    • $210,000
      3,330 SF

      Commercial Building in Middlesboro, KY

      Versatile commercial building suitable for office or retail use.
      205 N 20th Street, Middlesboro, KY 40965
      View Details
    • $59,900

      Middlesboro Land with Development Potential

      4.24-acre tract with utilities in place, ready for rebuilding.
      1197 Beans Fork Road, Middlesboro, KY 40965
      View Details
    • $35,000

      Cleared Lot in Middlesboro, KY

      Build-ready lot outside flood zone with city utilities.
      2107 Winchester Avenue, Middlesboro, KY 40965
      View Details
    • $15,000

      Middlesboro, KY Land For Sale

      Land with city utilities available in Middlesboro, Kentucky.
      205 Exeter Avenue, Middlesboro, KY 40965
      View Details
    • $164,000
      700 SF

      Middlesboro Multifamily Investment Opportunity

      Two homes, one remodeled, near amenities and ATV trails.
      1801 Exeter Ave, Middlesboro, KY 40965
      View Details
    • $25,000

      Residential Lot in Middlesboro, KY

      Residential lot with city utilities available in Middlesboro, Kentucky.
      109 Bloomsbury Avenue, Middlesboro, KY 40965
      View Details
    • $139,000

      Undeveloped Land in Middlesboro, KY

      5.33 acres of R-1 zoned land in Middlesboro, Kentucky.
      312 Blakely Lane, Middlesboro, KY 40965
      View Details
    • $20,000

      Residential Land in Middlesboro, KY

      Level corner lot suitable for building or manufactured home.
      2503 Exeter Ave, Middlesboro, KY 40965
      View Details
    • $275,000

      Middlesboro Land For Sale

      1.695 acres of B3 zoned land in Middlesboro, Kentucky.
      321 Chester Avenue, Middlesboro, KY 40965
      View Details
    • $50,000

      Vacant Land in Middlesboro, KY

      Vacant lot with city utilities available in Middlesboro, KY.
      Edgewood Road, Middlesboro, KY 40965
      View Details
    • $15,000

      Unrestricted Lot in Middlesboro, KY

      Unrestricted lot in a good location in Middlesboro, Kentucky.
      118 Polly Hollow Right Fork Rd, Middlesboro, KY 40965
      View Details

    FAQs

    What type of property is this?
    Land - Land available with city utilities in Middlesboro, Kentucky.
    Where is this land located?
    The property is located at 526 Balmoral Road Middlesboro, KY.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Lot available within Middlesboro city limits.; City utilities (water) are available.; Approximately 0.355 acre lot.
    (606) 552-0879
    We can help!
    Listing Contact
    Megan Stanaford
    Megan Stanaford
    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
    526 Balmoral Road, Middlesboro, KY 40965
    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!