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    118 S 5Th St Murray, KY 42071

    For Lease
    $3,500 /Mo

    Office, 1 Story - Murray, KY

    Type:Office
    Days on Market:
    120
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 118 S 5Th St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Parking features
    On Street

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Carpet, Linoleum, Vinyl
    Building materials
    Brick
    Architectural style
    Other

    Kopperud Realty (270) 753-1222 x109 [email protected]

    Listing agent John Kopperud (270) 753-1222 License #210645

    Listing date Aug 9, 2025

    MLS# 128216 Listing URL

    Copyright © 2025 Western Kentucky Regional MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn Key Office Space Available

    Located in the Peel & Holland building on Murray's Historic Court Square, this 2,500 sq ft office space is available for lease. The layout includes a large front reception area, 10 offices, 2 conference rooms, a break room, and 2 bathrooms. High-quality finishes are present throughout the space. The building is zoned B-3 Central Business District. Shared parking is available in the back parking lot, with public street parking available to the front and side of the building.
    Property Profile Location Intelligence

    Current Use by Public Records

    HUB International Insurance Broker Earleene Woods, Realtor Real Estate Agent Cothran Real Estate ... Real Estate Agent Shelly Forgey, Keller ... Real Estate Agent Michele Thomas, Keller ... Real Estate Agent

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murray
    County
    Calloway
    State
    Kentucky
    Longitude
    -88.302917
    Latitude
    36.611655

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    FAQs

    What type of property is this?
    Office space - 2,500 Sq Ft office space for lease in Downtown Murray.
    Where is this office space located?
    The property is located at 118 S 5Th St Murray, KY.
    What are key features of this property?
    This property features: - Prime Downtown Murray Location: Situated on the Historic Court Square in the Peel & Holland building.; - Turn-Key Office Space: **2,500 sq ft ready for immediate occupancy.**; - Functional Layout: Includes a reception area, 10 offices, 2 conference rooms, a break room, and 2 bathrooms.
    (270) 753-1222
    Request Owner's contact information
    118 S 5Th St Murray, KY 42071
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    Murray, KY 42071
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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
    118 S 5Th St Murray, KY 42071
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