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    62 Hwy U.S Calvert City, KY 42029

    For Sale
    $499,000

    Commercial - Calvert City, KY

    Lot size:
    1.77 Acres
    Days on Market:
    282
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 62 Hwy U.S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.77 Acres

    Building Details

    Architectural style
    Other

    Kopperud Realty (270) 753-1222 x109 [email protected]

    Listing agent John Kopperud (270) 753-1222 License #210645

    Listing date Mar 7, 2025

    MLS# 130767 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

    Calvert City Commercial Land Opportunity

    This 1.769-acre commercial property is located at the intersection of U.S. Highway 62 and Lone Valley Road, west of I-24 (Exit 27) in Calvert City, Kentucky. The property has approximately 312 feet of road frontage on Highway 62 and 255 feet on Lone Valley Road. Situated within the Calvert City limits, all city utilities are available. The zoning is HOC-1 (Highway Oriented Commercial), which permits various uses such as restaurants with drive-throughs, convenience stores, financial institutions, fuel stations, hotels, and motor vehicle sales. The property is located near the new 23,000 square foot Churchill Downs Gaming Center and less than 2 miles from Kentucky Dam State Park. This high-traffic location offers potential for a range of commercial ventures.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Calvert City
    County
    Marshall
    State
    Kentucky
    Longitude
    -88.3943
    Latitude
    37.0226

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    FAQs

    What type of property is this?
    Commercial land - 1.769 acre commercial property near I-24 and new gaming center.
    Where is this commercial land located?
    The property is located at 62 Hwy U.S Calvert City, KY.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - High-traffic location at the intersection of U.S. Highway 62 and Lone Valley Road, near I-24 (Exit 27).; - Zoned HOC-1 (Highway Oriented Commercial) allowing for a wide range of business types.; - 1.769 acre commercial property with all city utilities available.
    (270) 753-1222
    Request Owner's contact information
    62 Hwy U.S Calvert City, KY 42029
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    Calvert City, KY 42029
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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
    62 Hwy U.S Calvert City, KY 42029
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