Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    0 Scottsville Road Alvaton, KY 42101

    View on Map
    Claim this Listing
    For Sale
    $2,500,000

    Acreage - Alvaton, KY

    Lot size:
    61.66 Acres
    Added:
    Feb 27, 2026
    Days on Market:
    69
    Last Refresh:
    May 7 at 10:06 pm

    Property Features for 0 Scottsville Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    067A-61
    Lot size
    61.66 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kent Bulle
    Kent Bulle

    Listing agent Kent Bulle License #273796

    Listing office BHG Realty 196 Plano Road, Owensboro, KY

    Listing date Feb 27, 2026

    MLS# RA20261044 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

    • Approved for 157 single‑family lots, offering a substantial development opportunity.
    • Located in South Warren County's highly desirable and expanding Alvaton corridor.
    • Rezoned to RS‑1B, Single‑Family Residential, streamlining the development process.
    • Situated in an area with continued residential development and consistent household growth.
    • Scalable single‑family development opportunity.
    • Subdivision planning is already underway.

    Overview

    Residential Development Opportunity in Alvaton

    This property offers a residential development opportunity located on Scottsville Road in South Warren County. The site consists of vacant land that has been rezoned to RS-1B, Single-Family Residential, and is planned for 157 single-family lots. Situated in an area experiencing residential development and household growth, the 61.66-acre site benefits from its location along the Alvaton corridor, a growing residential area of South Warren County. With zoning secured and subdivision planning underway, the property represents a scalable single-family development opportunity in the Bowling Green market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Alvaton
    County
    Warren
    State
    Kentucky
    Longitude
    -86.3494202
    Latitude
    36.8637471

    Nearby Similar for Sale

    • $824,950
      4,840 SF

      Spacious Residential Farm on Acreage

      Residential farm with modern amenities on three acres in Alvaton.
      113 Timber Ridge Court, Alvaton, KY 42122
      View Details
    • $75,000

      Residential Lot in Private Subdivision

      Residential lot in Alvaton, Kentucky, build your dream home.
      Lot 18 The Trace Drive, Alvaton, KY 42122
      View Details
    • $450,000

      Alvaton Land Opportunity

      3-acre lot for custom home in Alvaton, Kentucky.
      00 Marston Mill Way, Alvaton, KY 42122
      View Details
    • Contact for pricing

      Alvaton, KY Land Auction

      53.95 acres in 4 tracts for sale at auction.
      2375 Antioch Church Road, Alvaton, KY 42122
      View Details
    • $750,000

      Alvaton Acreage Backing Greenspace

      Three combined lots totaling over 3 acres in Alvaton.
      00 Sterling Oak Court, Alvaton, KY 42122
      View Details
    • $84,500

      Land For Sale in Alvaton

      1.3 acre land parcel available in Alvaton, Kentucky.
      Lot 24 Sir Wilburn Way, Alvaton, KY 42103
      View Details
    • $75,000

      Residential Lot in Private Subdivision

      Residential lot in Alvaton, Kentucky, ideal for building a home.
      Lot 33 The Trace Drive, Alvaton, KY 42122
      View Details
    • $79,900

      Residential Land in Creekside Bend

      Residential lots in a planned community with modern amenities.
      0 Dye Ford Road, Alvaton, KY 42122
      View Details
    • $370,000

      Alvaton Acreage in Warren County

      19.25 acres in Southern Warren County, perfect for building.
      9156 Woodburn Allen Springs Road, Alvaton, KY 42122
      View Details
    • $99,000

      Residential Lot in Poplar Grove

      0.82 acre lot in desirable Poplar Grove neighborhood.
      9168 Hermitage Lane, Alvaton, KY 42122
      View Details
    • $164,900

      Scenic Acreage in Alvaton, KY

      Wooded 3.35-acre lot in a desirable South Kentucky area.
      0 New Cut Road, Alvaton, KY 42122
      View Details
    • $139,900

      4.11 Acre Tract in Alvaton

      4.11 acre tract ideal for building a home.
      500 Whitlock Road, Alvaton, KY 42122
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land planned for 157 single-family lots in Alvaton.
    Where is this residential land & home lot located?
    The property is located at 0 Scottsville Road Alvaton, KY.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Approved for **157 single‑family lots**, offering a substantial development opportunity.; Located in South Warren County's highly desirable and expanding Alvaton corridor.; Rezoned to RS‑1B, Single‑Family Residential, streamlining the development process.
    (270) 799-6006
    We can help!
    Listing Contact
    Kent Bulle
    Kent Bulle
    Real Estate License ID: 273796
    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
    0 Scottsville Road, Alvaton, KY 42101
    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!