Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    305 Hardinsburg Rd Cecilia, KY 42724
    Back to Search
    Property profile & analytics

    305 Hardinsburg Rd, Cecilia, KY 42724

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

    Current Use by Public Records

    • Warehouses

    Property Details for 305 Hardinsburg Rd

    Property type
    Warehouses
    Property subtype
    Land

    Description

    This exceptional investment opportunity in Cecilia, Kentucky, presents a versatile industrial property encompassing three buildings on a substantial land parcel located at 305 Hardinsburg Road, zip code 42724. The property boasts a prime location in Hardin County, offering significant potential for diverse business ventures. The main building offers a generous 4700 square feet of space, ideal for a variety of uses. Complementing this is a sizable 2835 square foot warehouse, providing ample storage or production capabilities. A smaller, yet functional 1440 square foot building adds further flexibility to the property's overall utility. The total square footage across all three structures is 8975 square feet. The property is listed at $550,000 and is classified as both industrial and land. Given its size, layout, and strategic location, this property represents a compelling investment opportunity for entrepreneurs and businesses seeking to establish or expand their operations in a thriving Kentucky market. The property's versatility allows for a wide range of potential uses, making it an attractive prospect for various business models. Serious inquiries are encouraged to explore the full potential of this unique offering. Further details are available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cecilia
    County
    Hardin
    State
    Kentucky
    Longitude
    -86.086
    Latitude
    37.6875

    Comparable in this City

    • Value Estimation by Request
      92.00 Acres

      9000 Leitchfield Rd

      Farms
      9000 Leitchfield Rd, Cecilia, KY 42724
      View Details
    • Value Estimation by Request
      1.00 Acre

      3347 Leitchfield Rd

      Office Spaces
      3347 Leitchfield Rd, Cecilia, KY 42724
      View Details
    • Value Estimation by Request

      Main St Lot 805

      Land
      0 Main St Lot 805, Vertrees, KY 42724
      View Details
    • Value Estimation by Request
      1.70 Acres

      305 Hardinsburg Rd

      Commercial real estate
      305 Hardinsburg Rd, Cecilia, KY 42724
      View Details
    • Value Estimation by Request
      0.97 Acres

      233 Methodist St

      COMMERCIAL (GENERAL)
      233 Methodist St, Cecilia, KY 42724-9515
      View Details
    • Value Estimation by Request
      2.40 Acres

      151 Robinson St

      COMMERCIAL (GENERAL)
      151 Robinson St, Cecilia, KY 42724
      View Details

    Similar Nearby for Sale

    • $550,000
      1.70 Acres

      Cecilia Commercial Trio: Prime Location

      Three Buildings, 1.7 Acres, High Potential
      305 Hardinsburg Rd, Cecilia, KY 42724
      View Details
    • $1,000,000
      2.24 Acres

      Commercial Land Ready for Development

      2.24 acre commercial land parcel in Cecilia, Kentucky.
      120 Hillcrest Ln, Cecilia, KY 42724
      View Details
    • Contact for pricing

      Ready For Development Commercial Land

      Commercial land ready for development with high traffic count.
      120 Hillcrest Ln, Cecilia, KY 42724
      View Details
    • $724,000
      43.66 Acres

      43.66 Acres Vacant Land

      43.66 acres of vacant land in Cecilia, Kentucky.
      199 Bethlehem Academy Rd, Cecilia, KY 42724
      View Details
    • $820,000
      96.60 Acres

      96+ Acres in Hardin County

      Two-parcel property ideal for farming, recreation, or private retreat.
      1859 Shipley Rd, Cecilia, KY 42724
      View Details
    • $149,900
      0.76 Acres

      Commercial Corner Lot For Sale

      0.76-acre commercial corner lot with utilities available in Cecilia, KY.
      804 Woodland Way, Cecilia, KY 42724
      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.
    305 Hardinsburg Rd
    Cecilia, KY 42724
    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
    305 Hardinsburg Rd, Cecilia, KY, 42724
    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!