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    1581 Sr 56 East Morganfield, KY 42437

    For Sale
    $269,900

    Commercial - Morganfield, KY

    Days on Market:
    21
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 1581 Sr 56 East

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Architectural style
    Other

    ERA FIRST ADVANTAGE (812) 858-2400

    Listing agent MELINDA LUNTSFORD (270) 577-8701

    Listing date Nov 21, 2025

    MLS# 250495 Listing URL

    Copyright © 2025 Henderson Audubon 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

    Adaptable Commercial Building in Morganfield, KY

    This 2400 sq ft commercial building, located in Morganfield, KY, presents a fantastic investment opportunity. Previously used as a pet boarding facility, the property features a flexible layout that includes office space, kennels, a laundry area, and large playpens. The adaptability of the space allows for transformation into various types of businesses. The kennels can be removed to repurpose the area into offices, a retail location, or potentially a health-related business, given the existing HVAC units, floor drains, and camera setup. A large fenced-in yard and running/play areas provide a bonus for businesses that require outdoor space, whether for pets, recreational activities, or other uses. Additionally, a garage with concrete floors and electricity offers extra storage or workspace potential. The 72-acre lot size provides flexibility for further expansion or parking if needed. This property is a solid investment for those looking to enter the pet service business or for entrepreneurs with other ideas.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Morganfield
    County
    Union
    State
    Kentucky
    Longitude
    -87.8654
    Latitude
    37.6418

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    FAQs

    What type of property is this?
    Retail space - Versatile 2400 sq ft building suitable for various businesses.
    Where is this retail space located?
    The property is located at 1581 Sr 56 East Morganfield, KY.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: - Highly adaptable 2400 sq ft building suitable for various businesses.; - Large 72-acre lot provides ample space for expansion or parking.; - Existing amenities include HVAC units, floor drains, and camera setup.
    (270) 577-8701
    Request Owner's contact information
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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
    1581 Sr 56 East Morganfield, KY 42437
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