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    000 Millstone Way Hanson, KY 42413

    For Sale
    $1,950,000

    Business Opportunity,Commercial,Industrial,Professional/Office,Restaurant,Retail

    Lot size:
    14.94 Acres
    Days on Market:
    179
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 000 Millstone Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Interior features
    Other-See Remarks
    Exterior features
    Other-See Remarks
    Appliances
    Other
    Lot size
    14.94 Acres

    Utilities

    Heating system
    See Remarks (Heating)

    Building Details

    Building materials
    Other
    Roof type
    Other
    Architectural style
    Other
    Additional Structures
    See Remarks

    Hicklin Real Estate (270) 836-1119 [email protected]

    Listing agent Melvin Hicklin (270) 836-1119

    Listing date Jun 16, 2025

    MLS# 114567 Listing URL

    Copyright © 2025 Madisonville-Hopkins County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This 14.491-acre commercial land tract is located directly across Millstone Way from a Wal-Mart Supercenter and is visible from Interstate 69. The entire tract is zoned commercial and suitable for multiple projects. All utilities are available. The property has over 1,000 feet of frontage on Mill Stone Way. Located in Hanson, Kentucky, the site is positioned to benefit from upcoming business developments planned for the town. Smaller lots are negotiable, and build-to-suit options are possible. This property presents a business opportunity for commercial, industrial, professional/office, restaurant, or retail ventures.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Hanson
    County
    Hopkins
    State
    Kentucky
    Longitude
    -87.4594
    Latitude
    37.4483

    FAQs

    What type of property is this?
    Commercial land - 14.491 acres of commercial land in Hanson, Kentucky.
    Where is this commercial land located?
    The property is located at 000 Millstone Way Hanson, KY.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Prime commercial land totaling 14.491 acres.; - Located directly across from Wal-Mart Supercenter and visible from Interstate 69.; - Over 1,000 feet of frontage on Mill Stone Way.
    (270) 836-1119
    Request Owner's contact information
    000 Millstone Way Hanson, KY 42413
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    Hanson, KY 42413
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 Millstone Way Hanson, KY 42413
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