1209 12Th StMurray, KY 42071
For Sale
$1,050,000
View listing
- Commercial real estate
- 1.01 AC
Property Details for 1209 12Th St
- Lot size
- 1.01 AC
- Property type
- Commercial real estate
- APN
- 041-0-0065-R
- APU
- 04100065R
Description
This exceptional 3.86-acre commercial property in Murray, Kentucky, presents a significant investment opportunity. Located on the north side of town at 1209 N 12th Street, this high-traffic, high-visibility site boasts a B-2 (Highway Business District) zoning designation, offering a wide range of permitted uses as detailed in the provided zoning ordinance excerpt. The property's strategic location ensures excellent exposure for any commercial venture. A detailed plat is available, clearly illustrating the property boundaries and the location of a city sanitary sewer easement. Further documentation includes an aerial view and a restaurant lease agreement. Note that a portion of the land may fall within a FEMA-designated flood zone
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $11,567,657
- Hospitality
- $10,595,912
- Educational
- $8,815,674
- Medical
- $9,118,859
- Retail
- $13,713,271
1209 12Th St, Murray, Kentucky
Location Insight
- City
- Murray
- County
- Calloway
- State
- Kentucky
- Latitude
- 36.6293
- Longitude
- -88.314
- CBSA code
- 34660
- CBSA name
- MURRAY, KY MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,898
-
-
$975,000
-
-
-
$975,000
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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