Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    15 Deans Trace Rd Glasgow, KY 42141
    Back to Search
    Property profile & analytics

    15 Deans Trace Rd Glasgow, KY 42141

    View on Map
    • Land
    • 0.52 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 15 Deans Trace Rd

    Lot size
    0.52 lot acres
    Property type
    Land

    Description

    This exceptional 0.52-acre commercial lot, identified as Lot 15 Deans Trace Road, presents a prime opportunity for development. Located just outside the city limits of Glasgow, Kentucky, in Barren County, this property boasts a convenient location with easy access to key transportation routes. The lot is designated as APN 110E-15 and is offered at an attractive asking price of $20,000. Its half-acre size provides ample space for a variety of commercial ventures, making it ideal for entrepreneurs and investors seeking a strategic location to establish their business. The property's zoning and permitted uses should be independently verified to ensure compliance with intended development plans. Utilities are available, but specific connections and costs should be confirmed with the relevant service providers. This build-ready lot offers a unique chance to capitalize on the growing commercial landscape of Glasgow, Kentucky. The property's address is Lot 15 Deans Trce Rd, Glasgow, KY 42141, with GPS coordinates of 37.0113643 latitude and -85.8776495 longitude. Serious inquiries are encouraged to explore this promising investment opportunity further.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Glasgow
    County
    Barren
    State
    Kentucky
    Longitude
    -85.8776
    Latitude
    37.0114

    Comparable in this City

    • Value Estimation by Request

      Carroll Knicely Dr

      Land
      0 Carroll Knicely Dr, Glasgow, KY 42141
      View Details
    • Value Estimation by Request
      5.93 Acres

      12605 Scottsville Rd

      Land • 854 SF
      12605 Scottsville Rd, Haywood, KY 42141
      View Details
    • Value Estimation by Request
      9.46 Acres

      2420 New Bowling Green Rd

      Land • 9.46 Acres
      2420 New Bowling Green Rd, Glasgow, KY 42141
      View Details
    • Value Estimation by Request
      0.58 Acres

      21 Barren Meadows Ct

      Land • 0.58 Acres
      21 Barren Meadows Ct, Glasgow, KY 42141
      View Details
    • Value Estimation by Request

      3 Carroll Knicely Dr

      Land
      3 Carroll Knicely Dr, Glasgow, KY 42141
      View Details
    • Value Estimation by Request
      25.00 Acres

      Girl Scout Rd

      Land • 25.00 Acres
      0 Girl Scout Rd, Glasgow, KY 42141
      View Details

    Similar Nearby for Sale

    • $1,495,000
      9.46 Acres

      Glasgow Commercial Land - Hwy 68/80 Frontage

      9.46 Acres, High-Traffic Location, B-3 Zoning
      2420 New Bowling Green Rd, Glasgow, KY 42141
      View Details
    • $1,200,000
      6.00 Acres

      Lakefront Acreage on Barren River

      Spectacular 6.01-acre lakefront property with main lake frontage and cove.
      1390 Crow Rd, Glasgow, KY 42141
      View Details
    • $299,900
      31.63 Acres

      31.63 Acres in Glasgow, KY

      31.63 acres with pond and road frontage in Glasgow, KY.
      31.63 Acre Poplar Spg Rd, Glasgow, KY 42141
      View Details
    • Contact for pricing
      0.50 Acres

      Residential Lot Near Barren River

      Building lot in Barren Meadow Subdivision, near Barren River Lake.
      53 Barren Meadows Dr, Glasgow, KY 42141
      View Details
    • Contact for pricing
      2.30 Acres

      Glasgow Wooded Lot in Subdivision

      2.3-acre wooded lot in Tanglewood Subdivision, Glasgow, KY.
      6 Tanglewood Dr, Glasgow, KY 42141
      View Details
    • Contact for pricing
      0.18 Acres

      Glasgow, KY Residential Land

      Vacant lot ready for construction in central Glasgow.
      205 Lee St, Glasgow, KY 42141
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Large Retail Center in Glasgow

      Retail leasing opportunities in Glasgow's largest shopping center.
      378 N L Rogers Wells Blvd, Glasgow, KY 42141
      View Details
    • Contact for pricing

      Retail Space in Glasgow, KY

      Located in a bustling commercial district near Glasgow Shopping Center.
      621 Happy Valley Rd, Glasgow, KY 42141
      View Details
    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.
    15 Deans Trace Rd
    Glasgow, KY 42141
    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
    15 Deans Trace Rd, Glasgow, KY, 42141
    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!