Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3-15 Campbell Rd Faubush, KY 42544
    Back to Search

    Meet Realmo: The Largest Hub of Commercial Real Estate in the US

    Over 1 million active listings and over 150 million property profiles

    Property profile & analytics

    3-15 Campbell Rd Faubush, KY 42544

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

    Current Use by Public Records

    • Land

    Property Details for 3-15 Campbell Rd

    Property type
    Land

    Description

    Prime development opportunity awaits with this collection of 12 lakefront building lots situated in Nancy, Kentucky, near Lake Cumberland. Priced at $45,000 each, these lots offer a unique chance to create a residential community or build individual vacation rentals. The property boasts a serene, private, and deed-restricted environment, perfect for those seeking tranquility amidst nature. Zoning permits residential construction, welcoming stick-built homes, log cabins, and barndominiums

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Faubush
    County
    State
    Kentucky
    Longitude
    -84.8151
    Latitude
    37.0557

    Comparable in this City

    • Value Estimation by Request
      5,408 SF

      21 Lees Frd Dock Rd

      APARTMENT HOUSE (5+ UNITS) • 5,408 SF
      21 Lees Frd Dock Rd, Nancy, KY 42544-8742
      View Details
    • Value Estimation by Request

      Hwy 80

      VACANT COMMERCIAL LAND
      Hwy 80, Nancy, KY 42544
      View Details
    • Value Estimation by Request
      1.05 Acres

      Hwy 80

      VACANT COMMERCIAL LAND • 1.05 Acres
      Hwy 80, Nancy, KY 42544
      View Details
    • Value Estimation by Request
      46.55 Acres

      Hwy 80

      VACANT COMMERCIAL LAND • 46.55 Acres
      Hwy 80, Nancy, KY 42544
      View Details
    • Value Estimation by Request
      0.88 Acres

      360 Knl Ln

      VACANT COMMERCIAL LAND • 0.88 Acres
      360 Knl Ln, Nancy, KY 42544-8779
      View Details
    • Value Estimation by Request

      325 Hwy 3189

      VACANT COMMERCIAL LAND
      325 Hwy 3189, Nancy, KY 42544-8707
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.56 Acres

      Vacant Land Near Lake Cumberland

      Versatile vacant lot near Lake Cumberland, ideal for outdoor activities.
      185 Sugar Two Rd, Nancy, KY 42544
      View Details
    • $125,000
      1.76 Acres

      Lake Cumberland View Cleared Land

      Cleared 1.76-acre lot near Lake Cumberland with easy access.
      Tract 4 Hwy 196, Nancy, KY 42544
      View Details
    • $65,000
      6.38 Acres

      Wooded Land Near Lake Cumberland

      6.38 acre wooded lot near Lake Cumberland, Kentucky.
      14853 Hwy, Nancy, KY 42544
      View Details
    • Contact for pricing
      0.65 Acres

      Vacant Land in Nancy, KY

      0.65 acre lot in Jacobs Landing Subdivision.
      170 Kimber Dr, Nancy, KY 42544
      View Details
    • $49,000
      1.90 Acres

      Unrestricted Land Near Nancy, KY

      1.9 acres of unrestricted land close to town.
      293 Johnathan Ln, Nancy, KY 42544
      View Details
    • New
      $49,900
      2.00 Acres

      Land For Sale, Nancy, KY

      2 acres of land for sale in Nancy, Kentucky.
      2AC Barry Ln, Nancy, KY 42544
      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.
    3-15 Campbell Rd
    Faubush, KY 42544
    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
    3-15 Campbell Rd, Faubush, KY, 42544
    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!