Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    800 Mount Lebanon Church Rd Greensburg, KY 42743
    Back to Search
    Property profile & analytics

    800 Mount Lebanon Church Rd, Greensburg, KY 42743

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

    Current Use by Public Records

    • Land

    Property Details for 800 Mount Lebanon Church Rd

    Lot size
    6.00 lot acres
    Property type
    Land

    Description

    This exceptional 6-acre commercial land parcel presents a unique opportunity in Greensburg, Kentucky. Located at 800 Mt. Lebanon Church Rd, this property boasts a variety of terrain, including relatively flat building sites and rolling grasslands. Enjoy peaceful surroundings with beautiful views and the quiet seclusion of a low-traffic road. The land offers ample space for diverse development, with no zoning restrictions or building department regulations. Utilities are readily accessible, with electric power already on-site (Taylor Green RECC), water available along the road (Green Taylor Water District), and fiber optic internet access (SCRTC). The property's natural beauty is enhanced by abundant native wildlife, including deer and turkey, making it ideal for those seeking a blend of commercial potential and recreational opportunities. Nearby recreational lakes, including Green River Lake, Dale Hollow Lake, and others, offer additional recreational possibilities. This is a rare chance to acquire a sizable, unrestricted commercial tract in a desirable Kentucky location for $49,500. The property features road frontage on Mt. Lebanon Church Road, which branches off KY 68.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greensburg
    County
    Green
    State
    Kentucky
    Longitude
    -85.557
    Latitude
    37.2074

    Comparable in this City

    • Value Estimation by Request
      30.00 Acres

      213 Chapel Church Rd

      Farms
      213 Chapel Church Rd, Greensburg, KY 42743
      View Details
    • Value Estimation by Request
      150.00 Acres

      491 Frank Clark Rd

      Land
      491 Frank Clark Rd, Greensburg, KY 42743
      View Details
    • Value Estimation by Request
      12.70 Acres

      1200 Mount Lebanon Church Rd

      Farms
      1200 Mount Lebanon Church Rd, Greensburg, KY 42743
      View Details
    • Value Estimation by Request
      55.00 Acres

      213 Chapel Church Rd

      Agricultural land / Farmland
      213 Chapel Church Rd, Greensburg, KY 42743
      View Details
    • Value Estimation by Request
      4,800 SF

      6671 Greensburg Rd

      COMMERCIAL (GENERAL)
      6671 Greensburg Rd, Greensburg, KY 42743-9007
      View Details
    • Value Estimation by Request
      4,392 SF

      5251 Hodgenville Rd

      COMMERCIAL (GENERAL)
      5251 Hodgenville Rd, Greensburg, KY 42743-9310
      View Details

    Similar Nearby for Sale

    • $39,900
      0.51 Acres

      Greensburg, KY Vacant Building Lot

      0.51 acre building lot in developing subdivision.
      2617 Campbellsville Rd, Greensburg, KY 42743
      View Details
    • $35,000
      0.51 Acres

      Greensburg, KY Vacant Land

      0.51 acre building lot in developing subdivision.
      2622 Campbellsville Rd, Greensburg, KY 42743
      View Details
    • $459,000
      54.00 Acres

      54 Acres with Creek Frontage

      Scenic farm with creek frontage, ideal for agriculture or recreation.
      Marshall Ridge Rd, Greensburg, KY 42743
      View Details
    • $179,000
      23.60 Acres

      Agricultural & Hunting Land with Ponds

      Two-lot tract with farmable acreage, ponds, and utilities available for agricultural use or a private build site.
      50 Lovers Ln, Greensburg, KY 42743
      View Details
    • $675,000
      100.00 Acres

      Greensburg Farm/Estate with River Frontage

      Income-producing farm with hunting and recreational potential near Green River.
      3630 W Buckner Hill Rd, Greensburg, KY 42743
      View Details
    • $55,000
      5.90 Acres

      Greensburg, KY Vacant Land

      5.9 acres of land formerly used as a sawmill.
      4982 Columbia Hwy, Greensburg, KY 42743
      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.
    800 Mount Lebanon Church Rd
    Greensburg, KY 42743
    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
    800 Mount Lebanon Church Rd, Greensburg, KY, 42743
    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!