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    616 N 12Th St Murray, KY 42071

    For Lease
    $15 SF/Yr

    Commercial - Murray, KY

    Days on Market:
    187
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 616 N 12Th St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking
    51
    Basement Y/N
    1

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    Hawkins Real Estate Advisors (270) 705-5355

    Listing agent Dustin Hawkins (270) 705-5355 License #215644

    Listing date Jun 2, 2025

    MLS# 128967 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

    Retail Space in High-Traffic Location

    This commercial space offers over 6,900 square feet of potential in a high-traffic location with ample parking. The property is a second-generation space situated in the heart of Murray, Kentucky's retail district. The location is near established retailers such as Marshall’s, Burkes, Five Below, and TSC.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -88.3061051
    Latitude
    36.6566527

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    FAQs

    What type of property is this?
    Retail space - Over 6,900 sqft retail space in Murray, KY.
    Where is this retail space located?
    The property is located at 616 N 12Th St Murray, KY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location in Murray, KY's retail district; - Over 6,900 sqft of potential space; - Ample parking available
    (270) 705-5355
    Request Owner's contact information
    616 N 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
    616 N 12Th St Murray, KY 42071
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