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    376 Nebo Rd Madisonville, KY 42431

    For Sale
    $589,000

    Business Opportunity,Commercial,Professional/Office,Retail - Madisonville, KY

    Property size:
    4,468 SF
    Lot size:
    3.00 Acres
    Days on Market:
    125
    Last Refresh:
    Dec 14 at 10:06 pm

    Property Features for 376 Nebo Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Interior features
    Kitchen Area, Restrooms
    Exterior features
    Other-See Remarks
    Appliances
    Cooktop, Dishwasher, Garbage Disposer, Microwave, Range, Washer
    Size
    4,468 SF
    Lot size
    3.00 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1960
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other
    Additional Structures
    See Remarks

    COLDWELL BANKER-TERRY and ASSOCIATES (270) 821-3131 [email protected]

    Listing agent Mason Roberts (270) 821-3131

    Listing date Aug 12, 2025

    MLS# 117111 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

    Versatile Mixed-Use Property on 41A

    This expansive two-story property offers 4,468 square feet of space and is located on 41A, on the north side of Madisonville. The property, situated on a 3-acre lot, features 5 bedrooms, 2 full baths, and 1 half bath, making it suitable for a live/work arrangement. The property's frontage provides visibility, making it suitable for offices, boutiques, salons, or specialty shops. The backyard includes a tennis court that can be transformed into additional parking or business space. This property is located in a high-traffic area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Kitchen & Bath HVAC Service Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Madisonville
    County
    Hopkins
    State
    Kentucky
    Longitude
    -87.532647
    Latitude
    37.347322

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    FAQs

    What type of property is this?
    Mixed-use property - Two-story, 4,468 sq ft property on 3 acres in Madisonville.
    Where is this mixed-use property located?
    The property is located at 376 Nebo Rd Madisonville, KY.
    What is the asking price?
    The asking price for this property is $589,000.
    What are key features of this property?
    This property features: - Prime location on 41A in growing north Madisonville with high traffic and visibility.; - Versatile 4,468 sq ft, 2-story layout suitable for live/work or commercial use.; - Features five bedrooms, two full baths, and one half bath.
    (270) 821-3131
    Request Owner's contact information
    376 Nebo Rd 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
    376 Nebo Rd Madisonville, KY 42431
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