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    234 N Scott St Madisonville, KY 42431

    For Sale
    $520,474

    Business Opportunity,Commercial,Industrial - Madisonville, KY

    Property size:
    41,622 SF
    Lot size:
    5.29 Acres
    Days on Market:
    391
    Last Refresh:
    Dec 6 at 11:06 pm

    Property Features for 234 N Scott St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    41,622 SF
    Lot size
    5.29 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Electric

    Building Details

    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    The Blake Hayden Group (270) 240-1501

    Listing agent Josh Parish (270) 240-1501

    Listing date Nov 11, 2024

    MLS# 115003 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

    Madisonville Commercial/Industrial Investment Opportunity

    This commercial and industrial property is located in Madisonville, KY. The existing building, with an area of 41622 square feet, has a new roof and multiple structural and electrical updates. The 5.29-acre lot offers potential for various ventures, including retail, offices, manufacturing, or warehousing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Madisonville
    County
    Hopkins
    State
    Kentucky
    Longitude
    -87.494734
    Latitude
    37.331802

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    FAQs

    What type of property is this?
    Industrial property - Commercial/Industrial property in Madisonville, KY, suitable for various ventures.
    Where is this industrial property located?
    The property is located at 234 N Scott St Madisonville, KY.
    What is the asking price?
    The asking price for this property is $520,474.
    What are key features of this property?
    This property features: - Prime commercial location in the heart of Madisonville, KY.; - Suitable for various ventures: retail, offices, manufacturing, or warehousing.; - New roof.
    (270) 240-1501
    Request Owner's contact information
    234 N Scott St Madisonville, KY 42431
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    Madisonville, KY 42431
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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
    234 N Scott St Madisonville, KY 42431
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