Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Lot in Benton Title is generated by Realmo AI

    2.41 Acres on Main, Benton, KY 42025

    View on Map
    Claim this Listing
    For Sale
    $205,000

    Commercial - Benton, KY

    Lot size:
    2.41 Acres
    Added:
    Jan 6, 2025
    Days on Market:
    497
    Last Refresh:
    May 18 at 12:06 pm

    Property Features for 2.41 Acres on Main

    General Information

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

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jeff Smith

    Listing agent Jeff Smith License #202268

    Listing office RE/MAX Real Estate Associates 803 Main Street, Benton, KY

    Listing date Jan 6, 2025

    MLS# 100532 Listing URL

    Copyright © 2026 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.

    HighLights

    • Prime Commercial Lot: Highly desirable for business ventures.
    • 2.41 Acres: Substantial land size for development.
    • C‑2 Zoning: Allows for a wide range of commercial uses.
    • South Main Street Location: High‑visibility and accessibility.
    • City Amenities on Main Street Frontage: Convenient access to essential utilities.
    • Recently Surveyed: Ensures accurate property boundaries and reduces potential disputes.

    Overview

    This 2.41-acre commercial lot is located on South Main Street in Benton, Kentucky. The property is zoned C-2 and offers city amenities on the Main Street frontage. It has been recently surveyed, and additional acreage may be available.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Benton
    County
    Marshall
    State
    Kentucky
    Longitude
    -88.361
    Latitude
    36.8777

    Nearby Similar for Sale

    • $559,000

      New Commercial Building with Lean-To

      4,000 SF commercial space with excellent access and visibility.
      1870 Mayfield Hwy, Benton, KY 42025
      View Details
    • $685,000

      Kentucky Lake Campground Business Opportunity

      5.4 acre campground near Kentucky Lake with expansion potential.
      80 Oak Tree Lane, Benton, KY 42025
      View Details
    • $668,900

      Turn-Key Events Center Opportunity

      Commercial business near Jonathan Creek, ideal for restaurant or events.
      11728 E US HWY 68, Benton, KY 42025
      View Details
    • $695,000

      Climate Controlled Storage Units For Sale

      Commercial property featuring 42 climate-controlled storage units in Benton, KY.
      538 US Hwy 68 East, Benton, KY 42025
      View Details
    • $279,900

      Commercial Lot Near Walmart

      3.3 acre commercial lot with high visibility and traffic.
      TBD W 5th, Benton, KY 42025
      View Details
    • Contact for pricing
      2,844 SF

      Benton Commercial Property Auction

      Commercial property in high-visibility location, ideal for office use.
      813 Poplar Street, Benton, KY 42025
      View Details
    • $1,050,000

      Established Auto Service Business Opportunity

      Commercial property operating as Parker Quik Lube in Benton, Kentucky.
      38 Main St., Benton, KY 42025
      View Details
    • $398,900

      Benton, KY Commercial Land

      Cleared commercial land with utilities near Hwy 641.
      1715 Church Grove Rd, Benton, KY 42025
      View Details
    • $449,900

      Versatile Property in High-Traffic Location

      Mixed-use property with business and residential potential near Kentucky Lake.
      2331 Benton Briensburg, Benton, KY 42025
      View Details
    • $369,000

      Marshall County Land For Sale

      7+ acres near major businesses, ready for development.
      00 US Hwy 641 Bypass, Benton, KY 42025
      View Details
    • $88,000

      Prime Commercial Land Opportunity

      0.61 acre commercial land with utilities in Benton, KY.
      1505 Main St., Benton, KY 42025
      View Details
    • $30,000

      Residential Lot in Tiger Lake

      1.39 acre build-ready lot in a convenient location.
      000 Tiger Lake Cove, Benton, KY 42025
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.41 acre commercial lot on South Main Street.
    Where is this commercial land located?
    The property is located at 2.41 Acres on Main Benton, KY.
    What is the asking price?
    The asking price for this property is $205,000.
    What are key features of this property?
    This property features: Prime Commercial Lot: Highly desirable for business ventures.; 2.41 Acres: Substantial land size for development.; C‑2 Zoning: Allows for a wide range of commercial uses.
    (270) 703-2620
    We can help!
    Listing Contact
    Jeff Smith
    Real Estate License ID: 202268
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2.41 Acres on Main, Benton, KY 42025
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!