390 17Th StHopkinsville, KY 42240

Property Details for 390 17Th St

Year built

1998

Lot size

0.90 AC

Property size (Sq ft)

5,536 SF

Property type

Office buildings

APN

219-00 06 015.00

APU

219000601500

Description

This exceptional two-story medical office building, totaling 5,536 square feet, presents a compelling owner-user investment opportunity in Hopkinsville, Kentucky. Located at 390 W 17th St, this property enjoys a highly desirable location directly across from Jennie Stuart Medical Center, ensuring excellent visibility and accessibility. Built in 1998, the building features a welcoming reception area, three offices, six restrooms, and ample storage space. The property also boasts wheelchair accessibility, a significant advantage for medical practices. The 0.6-acre lot provides convenient parking for 25 vehicles. Landscaped grounds enhance the professional and inviting atmosphere. The P-1 zoning allows for a variety of professional uses, offering flexibility and future growth potential. The asking price is $689,900, translating to $124.62 per square foot. This turnkey medical office building offers immediate occupancy and significant return on investment. The property includes interior storage and well-maintained sidewalks. Don't miss this chance to acquire a strategically positioned medical office building in a thriving Kentucky market.

• CAP approach

  CAP return

  Valuation

  6%

  $956,355

  6.5%

  $882,790

  7%

  $819,733

• Comparable approach

  Method

  Valuation

  Relative Method

  $476,539

  Geo Method

  $476,539

• Alternative Use

  Use

  Valuation

  Residential

  $1,094,659

  Hospitality

  $1,002,702

  Educational

  $834,236

  Medical

  $862,927

  Retail

  $1,297,701

Location Insight

City

Hopkinsville

County

Christian

State

Kentucky

Latitude

36.8623

Longitude

-87.4946

CBSA code

17300

CBSA name

CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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