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    512 S 12Th St Murray, KY 42071

    For Sale
    $449,900

    Commercial, 1 Story - Murray, KY

    Days on Market:
    72
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 512 S 12Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete, Linoleum, Vinyl
    Building materials
    Block
    Architectural style
    Other

    Atlas Real Estate & Auction Services (270) 839-3136

    Listing agent Brian Settle (270) 839-3136 License #286112

    Listing date Sep 25, 2025

    MLS# 124334 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

    Prime Commercial Property in Murray

    This commercial property presents an excellent investment opportunity in a prime location on the south side of Murray, Kentucky. Situated in a high-traffic area, the property is surrounded by numerous other commercial businesses, including retail establishments, lodging facilities, and restaurants. The property includes a 2-bay garage on the south side of the structure, currently utilized for storage. A new roof was installed in 2021. The property has three-phase electric power available. A shared drive easement is in place with the neighboring carwash. The property is currently tenant-occupied (through 12/25).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    South 641 Car ... Car Wash Bumper To Bumper Auto ... Auto Parts Store Carquest Auto Parts Auto Parts Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Murray
    County
    Calloway
    State
    Kentucky
    Longitude
    -88.315279
    Latitude
    36.601577

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    FAQs

    What type of property is this?
    Retail property - Commercial property in high-traffic area, excellent investment opportunity.
    Where is this retail property located?
    The property is located at 512 S 12Th St Murray, KY.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: - Prime commercial location on Murray's south side in a high-traffic area; - Existing tenant provides immediate investment income (lease through 12/25); - Includes a 2-bay garage for storage or potential additional income
    (270) 839-3136
    Request Owner's contact information
    512 S 12Th St 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
    512 S 12Th St Murray, KY 42071
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