0 Nebo RdMadisonville, KY 42431

For Sale
$495,000
6.93 Acres, High Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 6.93-acre commercial land parcel presents a lucrative investment opportunity in Madisonville, Kentucky. Located on highly trafficked Nebo Road, this property boasts multiple access points, enhancing its versatility and appeal. Access is provided via an easement across the front of the Cayce Mill store lot, a Kentucky Department of Transportation (KYDOT) permit for access from Yorkwood Place, and Dodson Lane. Currently, a building situated on the tract generates a monthly rental income of $900, offering immediate cash flow. The property is zoned M-1 (Light Industrial), opening doors to a wide range of potential uses. The asking price is $495,000, translating to approximately $79,365 per acre. This prime location, combined with its existing income stream and flexible zoning, makes this an exceptional opportunity for investors seeking strong returns and development potential in a thriving Kentucky market. The property is owned by an LLC. Detailed site plans and zoning information are readily available upon request. Don't miss this chance to acquire a significant commercial land holding in a rapidly growing area.

Highlights

  • $495,000 asking price for 6.93 acres of commercial land.
  • M-1 zoning.
  • $79,365 per acre land value.
  • Located on high-traffic Nebo Road in Madisonville, KY.
  • Multiple access points.
  • Currently features a building rented month-to-month for $900.

Property Details for 0 Nebo Rd

Property type
Land
Lot Size (sq. ft)
301,871 SF

Location Insight

City
Madisonville
County
Hopkins
State
Kentucky
Latitude
37.3657746
Longitude
-87.5719152
Nebo Rd, Madisonville, Kentucky

FAQs

What type of property is this?
Land - 6.93 Acres, High Traffic Location
Where is the land located?
The property is located at Nebo Rd Madisonville, KY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: $495,000 asking price for 6.93 acres of commercial land.; M-1 zoning.; $79,365 per acre land value.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Nebo Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message