Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    12 Plantation Dr Campbellsville, KY 42718
    Back to Search
    Property profile & analytics

    12 Plantation Dr Campbellsville, KY 42718

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

    Current Use by Public Records

    • Land

    Property Details for 12 Plantation Dr

    Property type
    Land

    Description

    This exceptional 12.6-acre property presents a unique investment opportunity in Campbellsville, Kentucky. Zoned for both commercial and residential use, this versatile land offers significant potential. Approximately 3-4 acres are cleared, providing ample space for development, while the remaining acreage is mostly wooded, offering a tranquil backdrop. Strategically located at the end of Plantation Drive, behind the Holiday Inn, the property enjoys convenient access to Highway 210/Campbellsville Bypass, ensuring excellent visibility and connectivity. The property's boundaries extend to the center of Buckhorn Creek, as per the deed, adding to its considerable size and potential. Situated within city limits, this land parcel benefits from all municipal services and is ready for immediate development. Its dual zoning allows for a wide range of possibilities, from commercial ventures to residential subdivisions, making it an attractive proposition for both developers and investors seeking a prime location in a growing Kentucky community. The asking price of $250,000 represents a compelling value for this substantial land holding with its prime location and development potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Campbellsville
    County
    Taylor
    State
    Kentucky
    Longitude
    -85.374
    Latitude
    37.348

    Comparable in this City

    • Value Estimation by Request
      0.95 Acres

      1870 Hodgenville Rd

      Land • 10,000 SF
      1870 Hodgenville Rd, Campbellsville, KY 42718
      View Details
    • Value Estimation by Request
      6,996 SF

      Underwood St

      APARTMENT HOUSE (5+ UNITS) • 6,996 SF
      Underwood St, Campbellsville, KY 42718
      View Details
    • Value Estimation by Request
      7,064 SF

      Hathaway Dr

      APARTMENT HOUSE (5+ UNITS) • 7,064 SF
      Hathaway Dr, Campbellsville, KY 42718
      View Details
    • Value Estimation by Request
      3,440 SF

      710 High Pne St

      APARTMENT HOUSE (5+ UNITS) • 3,440 SF
      710 High Pne St, Campbellsville, KY 42718-9298
      View Details
    • Value Estimation by Request
      3,192 SF

      710 High Pne St

      APARTMENT HOUSE (5+ UNITS) • 3,192 SF
      710 High Pne St, Campbellsville, KY 42718-9298
      View Details
    • Value Estimation by Request
      9,720 SF

      Albion Rd

      APARTMENT HOUSE (5+ UNITS) • 9,720 SF
      Albion Rd, Campbellsville, KY 42718
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.96 Acres

      Campbellsville Acreage with Restrictions

      1.96 acre property in Campbellsville, Kentucky with restrictions.
      7A M Moss Ln, Campbellsville, KY 42718
      View Details
    • $450,000
      14.00 Acres

      Campbellsville Land with Development Potential

      14-acre vacant land near Campbellsville with development potential.
      49 Cindy Ann Ave, Campbellsville, KY 42718
      View Details
    • $287,500
      14.51 Acres

      Campbellsville Land For Sale

      14.51 acres near Campbellsville, Kentucky, ideal for various uses.
      123 Fallen Timber Rd, Campbellsville, KY 42718
      View Details
    • $74,800
      3.94 Acres

      Land with Development Potential

      Land near downtown Campbellsville with wooded and clear areas.
      Dragway Ln, Campbellsville, KY 42718
      View Details
    • $379,900
      6.13 Acres

      Campbellsville Acreage with Storage Shed

      6.13 acres with highway access, storage, and creek.
      Heartland Pkwy, Campbellsville, KY 42718
      View Details
    • Contact for pricing
      1.96 Acres

      Land in Campbellsville, Kentucky

      Acreage in Campbellsville, Kentucky, with restrictions and great location.
      7B M Moss Ln, Campbellsville, KY 42718
      View Details

    Similar Nearby for Lease

    • $495 /Mo

      Land For Rent in Campbellsville

      Vacant land available for rent in Campbellsville, Kentucky.
      151 Smith Ridge Rd, Campbellsville, KY 42718
      View Details
    • New
      $3,000 /Mo
      2,040 SF

      Campbellsville Medical Office Space

      Medical office space for lease in Campbellsville, Kentucky.
      100 Greenbriar Dr, Campbellsville, KY 42718
      View Details
    • Contact for pricing
      34,000 SF

      Retail Space in Campbellsville, KY

      Retail space available in Campbellsville, Kentucky.
      1509 E Broadway St, Campbellsville, KY 42718
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Green River Plaza

      Grocery-anchored retail space with high visibility on Campbellsville Bypass.
      399 Campbellsville Byp, Campbellsville, KY 42718
      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.
    12 Plantation Dr
    Campbellsville, KY 42718
    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
    12 Plantation Dr, Campbellsville, KY, 42718
    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!