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Murray, KY Land for Sale

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Zoned B-2 Commercial Land Parcel
Updated: Jun 30
Zoned B-2 Commercial Land Parcel

N 12th Street, Murray, KY 42071

$950,000
2.87 AC lot
2.864‑acre commercial property on Murray’s north side
Zoned B‑2 per the city’s zoning ordinance (see permitted uses in attached ordinance section)
City water and sanitary sewer easement shown on the attached plat
Portion of the property appears to be in a FEMA flood zone; fill has been added and BFW has done topo work to determine flood‑zone impact
Restaurant agreement available in the associated documents
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General Business Development Land
Updated: Jul 13
General Business Development Land

1025 Southwood Drive, Murray, KY 42071

$750,000
5.19 AC lot
5.19‑acre B‑2 General Business development site in the City of Murray, KY, offered in two tracts (Tract 3A and Tract 3B)
Tract 3A is 0.96 ac and fronts Southwood Drive, with an existing SFR conveyed as‑is
Tract 3B is 4.23 ac and is the primary development canvas with city sewer and water confirmed
B‑2 zoning permits, by right: medical/dental office, rural health clinic, professional office, veterinary office, behavioral health, and day care
FEMA LOMR‑F (Case 10‑04‑2557A) removes the site from the SFHA; floodway strip on rear of Tract 3B is designated no‑build (disclosed)
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Unrestricted Commercial Land Acreage
Unrestricted Commercial Land Acreage

State Route 121 N lot: 2, Murray, KY 42071

$438,000
1.90 AC lot

Unrestricted 1.9 acres on the edge of Murray city limits, positioned near Murray State University and local amenities.

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Prime Land in Murray, KY
Prime Land in Murray, KY

719 S 12th St, Murray, KY

$750,000
1.00 AC lot

1 acre land in dense retail corridor near Murray State.

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B-2 Zoned Commercial Land Tract
B-2 Zoned Commercial Land Tract

N 16th Street, Murray, KY 42071

$849,900
21.78 AC lot

Large B-2 commercial parcel with direct access from N 16th Street and proximity to major retailers.

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B-2 Zoned Commercial Land Lot
B-2 Zoned Commercial Land Lot

Diuguid Drive lot: 93, Murray, KY 42071

$130,000
1.38 AC lot

Commercial lot zoned B-2 with convenient access to Murray amenities and nearby established businesses.

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B-2 Zoned Commercial Land Parcel
B-2 Zoned Commercial Land Parcel

041-0-0125 N 16th Street, Murray, KY 42071

$849,900
21.78 AC lot

Commercial land totaling 21.78 acres, zoned B-2, positioned near major retailers and Murray State’s CFSB Center.

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2.864 Acre Commercial Property
2.864 Acre Commercial Property

000 N 12th Street, Murray, KY 42071

$950,000
2.86 AC lot

Commercial property for sale in an excellent location.

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City-Limits Commercial Development Land
City-Limits Commercial Development Land

402 Chestnut St, Murray, KY 42071

$1,485,000
16.00 AC lot

Partially cleared 16+ acres on a high-traffic thoroughfare, zoned R2 with potential commercial rezoning subject to approvals.

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Development Land with Major Road Frontage
Development Land with Major Road Frontage

Brinn Road, Murray, KY 42071

$674,000
21.00 AC lot

21-acre development tract with frontage on Brinn Road and Poor Farm Road near key Murray area routes.

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Paradise Drive Land For Sale
Paradise Drive Land For Sale

1024 Paradise Dr, Murray, KY 42071

$1,700,000

Land available on Paradise Drive, Murray, Kentucky.

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Lakefront Development Land
Lakefront Development Land

84 Launch Lane, Murray, KY 42071

$550,000
12.00 AC lot

Roll terrain and mature trees on Kentucky Lake with direct waterfront access, suited for residential or recreational development.

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Build-Ready Zoned B-4 Land
Build-Ready Zoned B-4 Land

301 S 12th St, Murray, KY 42071

$449,000
1.19 AC lot

A 1.19-acre build-ready commercial lot zoned B-4 in Murray, KY, suited for new development plans.

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Land For Sale Murray, KY
Land For Sale Murray, KY

1209 N 12th St, Murray, KY 42071

$950,000

Land available for purchase in Murray, Kentucky.

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Dockable Waterfront Lot
Dockable Waterfront Lot

200 Tow Lane lot: 10, Murray, KY 42071

$225,000
1.25 AC lot

Build on a 1.25-acre Kentucky Lake lot with 115+ feet of shoreline and HOA-provided dock and amenities.

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Lakefront Development Land Tract
Lakefront Development Land Tract

84 Launch Lane, Murray, KY 42071

$550,000
12.00 AC lot

Approximately 12-acre waterfront tract on Kentucky Lake with rolling terrain, mature trees, and direct lake access.

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Prime Commercial Land in Murray
Prime Commercial Land in Murray

000 Keepers Way, Murray, KY 42071

$500,000
1.20 AC lot

Desirable 1.2+/- acre lot in high-traffic retail corridor.

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Platted Subdivision Lot Package
Platted Subdivision Lot Package

Neale Trail, Murray, KY 42071

$240,000
7.40 AC lot

11 platted residential lots with utilities available, requiring septic systems for development in Summerfield Estates.

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15 Acres Near Kentucky Lake
15 Acres Near Kentucky Lake

000 Rowlett Trail, Murray, KY 40271

$77,450
15.00 AC lot

15 acres of land near Kentucky Lake in Murray, KY.

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Irrigated Farmland Tract
Irrigated Farmland Tract

1561 Rayburn Road, Murray, KY 42071

$2,625,000
175.00 AC lot

Contiguous 175-acre farmland with a multi-direction irrigation system set up for productive row-crop and specialty use.

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Waterfront Land with Kentucky Lake Shoreline
Waterfront Land with Kentucky Lake Shoreline

Tow Ln. lot: # 16,17,18, Murray, KY 42071

$729,000
3.38 AC lot

Buildable waterfront land offering extensive shoreline frontage along the main channel of Kentucky Lake in a private lakeside community.

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Waterfront Development Land on Kentucky Lake
Waterfront Development Land on Kentucky Lake

84 Launch Lane, Murray, KY 42071

$550,000
12.00 AC lot

Approximately 12-acre waterfront tract on Kentucky Lake near Waters Edge Marina, suited for multiple approved waterfront uses.

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TVA-Adjacent Waterfront Land
TVA-Adjacent Waterfront Land

Sauger Ln, Murray, KY 42071

$195,000
9.00 AC lot

Partially cleared, unrestricted waterfront tract with municipal water access for a variety of lakeside uses.

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Zoned B-2 Commercial Development Land
Zoned B-2 Commercial Development Land

N 12th Street, Murray, KY 42071

$950,000

High-visibility commercial land in Murray’s north side, zoned B-2 with water and sanitary sewer easements on-site.

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Murray, KY Land Market Trends and Statistics

Explore 196 land for sale in Murray, KY, showcased through 196 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $34,790,456.

Sale prices for lots in Murray, KY start at $0.00, averaging $177,502, and reaching up to $2,625,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 81
Waterfront Land 61
Commercial land 26
Recreation land 19
Agricultural land / Farmland 15

Demographics Overview

Population 31K
Population Growth (5Y) -2.7%
Median Household Income $48,976
College Educated 50.8%

High-Yield Neighborhoods for Investment

Identify Murray submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Almo $40K
Mayfield $150K
Gilbertsville $225K
Murray $237.4K

Taxes & Financing

Tax Rate (average for all types) 0.67%
Property Tax per SF $5.45 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Calloway County

New Delisted

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