Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1010 Upper Cane Creek Rd Stanton, KY 40380
    Property profile & analytics

    1010 Upper Cane Creek Rd, Stanton, KY 40380

    View on Map
    • Mixed-use properties
    • 930 SF
    • 34.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 1010 Upper Cane Creek Rd

    Year built
    2022
    Lot size
    34.00 lot acres
    Property type
    Mixed-use properties
    Property subtype
    Land

    Description

    This exceptional 34-acre mixed-use property in Stanton, Kentucky, presents a lucrative investment opportunity in the heart of the Red River Gorge. The property boasts two existing cabins: the Rabbit Hill Cabin (1 bedroom, 1 bath, sleeps 4) and the newly constructed Moonlight Ridge cabin (studio, sleeps 2). Moonlight Ridge features high ceilings and luxurious upgrades. The property also includes a ready-to-build-on 24x40 foundation with underground utilities (electric, water, septic) allowing for expansion. Significant recent improvements enhance the property's value and functionality, including a resurfaced main road and erosion control (2022), new water lines (2023), and a newly installed pump house for improved water pressure. Located just minutes from popular attractions such as Red Oaks Forest School and the Daniel Boone Byway, this property offers a unique blend of natural beauty and convenient access to recreational activities. The existing infrastructure and ample space provide significant potential for further development, including additional cabins, recreational areas, and trails. The property's location within the renowned Red River Gorge Geological Area ensures high demand and strong rental potential. With its existing income stream and substantial development possibilities, this property represents a compelling investment opportunity for those seeking a profitable venture in a desirable location. The total square footage of the existing buildings is 930 square feet, and the property includes two buildings on one story. The property is zoned for commercial, farm, and residential use. This turnkey operation is ready for a new owner to take the reins and expand upon its existing success.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Stanton
    County
    Powell
    State
    Kentucky
    Longitude
    -83.7618
    Latitude
    37.874

    Comparable in this City

    • Value Estimation by Request
      1.03 Acres

      17 Rock House Rdg

      Farms
      17 Rock House Rdg, Stanton, KY 40380
      View Details
    • Value Estimation by Request
      1.53 Acres

      9585 Campton Rd

      Specialty properties
      9585 Campton Rd, Stanton, KY 40380
      View Details
    • Value Estimation by Request

      Main St

      Land
      0 Main St, Stanton, KY 40380
      View Details
    • Value Estimation by Request
      80.00 Acres

      Cat Creek Rd

      Land
      0 Cat Creek Rd, Stanton, KY 40380
      View Details
    • Value Estimation by Request

      3485 Pilot Rd

      Distribution properties
      3485 Pilot Rd, Stanton, KY 40380
      View Details
    • Value Estimation by Request
      2.30 Acres

      9586 Campton Rd

      Land
      9586 Campton Rd, Stanton, KY 40380
      View Details

    Similar Nearby for Sale

    • $1,100,000
      39.80 Acres

      Red River Gorge Prime Land

      39.8 acres in Red River Gorge with development potential.
      2270 Star Gap Rd, Stanton, KY 40380
      View Details
    • $69,500
      4.00 Acres

      Unimproved Land Near Red River

      Four acres of unimproved land near Red River Gorge.
      N Fork Rd, Stanton, KY 40380
      View Details
    • $235,000
      51.00 Acres

      51 Acres in Stanton, KY

      Tranquil 51-acre plot near Red River Gorge and Natural Bridge.
      S Fork Rd, Stanton, KY 40380
      View Details
    • New
      $320,000
      11.33 Acres

      Wooded Acres Near Red River Gorge

      11.33 acres with cabin near Red River Gorge.
      414 Upper Cane Creek Rd, Stanton, KY 40380
      View Details
    • $900,000
      Pending

      Stanton Multifamily Investment Opportunity

      Multifamily property in Stanton, Kentucky, with long-term tenants.
      11 Miller Dr, Stanton, KY 40380
      View Details
    • $630,000
      1,400 SF

      Red River Gorge Cabins Investment

      Three cabins near Red River Gorge with income potential.
      1922 Star Gap Rd, Stanton, KY 40380
      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.
    1010 Upper Cane Creek Rd
    Stanton, KY 40380
    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
    1010 Upper Cane Creek Rd, Stanton, KY, 40380
    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!