Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    M-23-16-1 S Main St Madisonville, KY 42431

    For Sale
    Contact for pricing

    Acreage - Madisonville, KY

    Lot size:
    5.20 Acres
    Days on Market:
    98
    Last Refresh:
    Dec 8 at 6:06 pm

    Property Features for M-23-16-1 S Main St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Paved Road
    Lot size
    5.20 Acres

    Building Details

    Architectural style
    Other

    COLDWELL BANKER-TERRY and ASSOCIATES (270) 821-3131 [email protected]

    Listing agent Brien Terry (270) 821-3131

    Listing date Sep 2, 2025

    MLS# 116747 Listing URL

    Copyright © 2025 Madisonville-Hopkins County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vacant Land in Madisonville, KY

    This 5.20-acre vacant land property presents a business opportunity on the southern end of Madisonville, Kentucky. A portion of the property fronts South Main Street, with the remainder accessible from McLeod Lane. The owner is willing to build to lease with acceptable terms. The property is located a short distance from I-69 in Hopkins County.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Madisonville
    County
    Hopkins
    State
    Kentucky
    Longitude
    -87.498555
    Latitude
    37.328694

    Nearby Similar for Sale

    • $529,900
      3,025 SF

      Remodeled Farmhouse on Rolling Acres

      Spacious 3-bedroom home on 16.7 acres with income potential.
      395 Carroll Gentry Rd, Madisonville, KY 42431
      View Details
    • $310,000
      Pending

      Madisonville Commercial Building For Sale

      Commercial building in high-traffic location, ideal for offices or medical.
      436 N Main St, Madisonville, KY 42431
      View Details
    • $599,000
      21,800 SF

      Versatile Property with Development Potential

      2-acre property suitable for residential or commercial development.
      123 Waddill Ave, Madisonville, KY 42431
      View Details
    • $599,000
      21,800 SF

      Madisonville Commercial Opportunity on Two Acres

      Two-acre property suitable for residential or professional use in Madisonville.
      123 Waddill Ave, Madisonville, KY 42431
      View Details
    • $589,000
      4,468 SF

      Versatile Mixed-Use Property on 41A

      Two-story, 4,468 sq ft property on 3 acres in Madisonville.
      376 Nebo Rd, Madisonville, KY 42431
      View Details
    • $350,000
      Pending

      Madisonville Commercial Building For Sale

      Commercial building constructed in 2022 with multiple rooms and bathrooms.
      243 E Ayr Pkwy, Madisonville, KY 42431
      View Details

    FAQs

    What type of property is this?
    Land - 5.20 acre vacant land with business opportunity in Madisonville.
    Where is this land located?
    The property is located at M-23-16-1 S Main St Madisonville, KY.
    What are key features of this property?
    This property features: - 5.20 acre vacant land parcel; - Great business opportunity; - Located a short distance from I-69
    (270) 821-3131
    Request Owner's contact information
    M-23-16-1 S Main St Madisonville, KY 42431
    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.
    M-23-16-1 S Main St
    Madisonville, KY 42431
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    M-23-16-1 S Main St Madisonville, KY 42431
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.