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    307 Railroad Ave Murray, KY 42071

    For Sale
    $319,000

    Commercial, 1 Story - Murray, KY

    Days on Market:
    94
    Last Refresh:
    Dec 7 at 3:06 am

    Property Features for 307 Railroad Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    Stedlin Real Estate, LLC (270) 753-8900

    Listing agent Brian Stedelin (270) 293-5657 License #216638

    Listing date Sep 5, 2025

    MLS# 133688 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

    Industrial Property in Murray, KY

    Located in the industrial area of Murray, Kentucky, this property offers a business location featuring an office building. The office building includes a large front entry office with oak cabinetry, a plan desk, a fireplace, a private office, a full bath with a walk-in tile shower, and a large multi-purpose room. Additionally, there is a shop area with two garage doors. An auxiliary building provides an enclosed shop large enough to accommodate large trucks or equipment, along with a covered shed area for truck or equipment storage. The rear portion of the secondary building has a dock height garage door accessing a storage area. The property includes a large graveled lot providing ample parking for trucks, trailers, or equipment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pella Windows & Doors ... Window Installation Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Murray
    County
    Calloway
    State
    Kentucky
    Longitude
    -88.297063
    Latitude
    36.607825

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    FAQs

    What type of property is this?
    Industrial property - Office and shop with ample parking in Murray's industrial area.
    Where is this industrial property located?
    The property is located at 307 Railroad Ave Murray, KY.
    What is the asking price?
    The asking price for this property is $319,000.
    What are key features of this property?
    This property features: - Located in the industrial area of Murray, ideal for business operations.; - Main office building features a large front entry office, fireplace, private office, full bath, and shop area.; - Auxiliary building includes an enclosed shop large enough for large trucks/equipment and a covered shed.
    (270) 293-5657
    Request Owner's contact information
    307 Railroad Ave 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
    307 Railroad Ave Murray, KY 42071
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