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    716 N 12Th St Murray, KY 42071

    For Lease
    $12 SF/Yr

    Commercial, 1 Story - Murray, KY

    Days on Market:
    436
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 716 N 12Th St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Parking
    51

    Utilities

    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete, Laminate
    Architectural style
    Other

    Hawkins Real Estate Advisors (270) 705-5355

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

    Listing date Sep 26, 2024

    MLS# 128966 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 Premier Development

    This 3,000 sq ft retail space is located in a premier commercial development in Murray. The property benefits from its location next to thriving businesses and high foot traffic. Currently configured as a restaurant, the space can be adapted to suit various business needs. Zoned B-2 Highway Commercial District, the location offers all city utilities and high visibility. It is located at 716 N 12th Street, Murray, KY 42071.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

    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 - 3,000 sq ft retail space in Murray's prime commercial area.
    Where is this retail space located?
    The property is located at 716 N 12Th St Murray, KY.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in a premier Murray commercial development with high foot traffic.; - Versatile **3,000 sq ft retail space** adaptable to various business needs.; - Currently set up as a restaurant, offering potential for immediate operation.
    (270) 705-5355
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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
    716 N 12Th St Murray, KY 42071
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