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    1500 W Broadway Mayfield, KY 42066

    For Sale
    $89,900

    Commercial - Mayfield, KY

    Lot size:
    0.78 Acres
    Days on Market:
    283
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 1500 W Broadway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.78 Acres

    Building Details

    Architectural style
    Other

    Chris Fulton Real Estate (270) 705-1299 [email protected]

    Listing agent Chris Fulton (270) 705-1299 License #210776

    Listing date Mar 6, 2025

    MLS# 125394 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

    Mayfield Commercial Lot For Sale

    This commercial lot is located at the intersection of W Broadway and N Sutton Ln in Mayfield, KY, directly next to the Purchase Parkway exit ramp and beside Wagner Wine & Spirits. The lot benefits from high traffic volume, with over 15,000 vehicles per day on Purchase Parkway and over 5,000 vehicles per day on W Broadway. The lot size is 0.78 acres. The property has an easement to use the entrance and parking lot.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Accounting Firm Auto Repair Shop Kitchen & Bath Food Market Grocery Store Electrical Service Electronics Store Assisted Living Facility Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Mayfield
    County
    Graves
    State
    Kentucky
    Longitude
    -88.6365403
    Latitude
    36.7416538

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot with high visibility and traffic in Mayfield, KY.
    Where is this commercial land located?
    The property is located at 1500 W Broadway Mayfield, KY.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: - High traffic location with over 15,000 vehicles per day on Purchase Parkway.; - High visibility commercial lot at the intersection of W Broadway and N Sutton Ln.; - Located directly next to the Purchase Parkway exit ramp.
    (270) 705-1299
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    1500 W Broadway Mayfield, KY 42066
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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
    1500 W Broadway Mayfield, KY 42066
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