304 Maple StMurray, KY 42071
- Office properties
- 3,608 SF
Property Details for 304 Maple St
- Property size (Sq ft)
- 3,608 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 010-0-0010-00009
- APU
- 100001000009
Description
This exceptional two-story professional building at 304 Maple Street in Murray, Kentucky, offers over 3,600 square feet of versatile space. Ideally situated just off the courthouse square and adjacent to the Maple Center, this unique property boasts a prime location with high visibility. Previously utilized as a legal office and, notably, the Calloway County Sheriff's office, this building presents a wealth of possibilities for a variety of professional uses. The property benefits from a recently installed, high-quality roof, expertly fitted by a local contractor. A recent inspection confirmed the heating and air conditioning systems are in excellent working order, ensuring year-round comfort. The second floor showcases an open floor plan, perfect for collaborative work environments, and includes a convenient library/break room complete with built-in bookshelves. This meticulously maintained building presents a rare opportunity to acquire a substantial and well-located commercial property at an attractive price point of $170,000. The property sits on a 0-acre lot. Don't miss this chance to own a piece of Murray's history and secure a thriving business location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $824,712
- 6.5%
- $761,273
- 7%
- $706,896
-
Comparable approach
- Method
- Valuation
- Relative Method
- $281,280
- Geo Method
- $281,280
-
Alternative Use
- Use
- Valuation
- Residential
- $943,978
- Hospitality
- $864,679
- Educational
- $719,403
- Medical
- $744,144
- Retail
- $1,119,071
Location Insight
- City
- Murray
- County
- Calloway
- State
- Kentucky
- Latitude
- 36.6101
- Longitude
- -88.3016
- CBSA code
- 34660
- CBSA name
- MURRAY, KY MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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