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    State Route 121 North Murray, KY 42071

    Sponsored
    For Sale
    $449,000

    Other - Murray, KY

    Lot size:
    1.90 Acres
    Days on Market:
    118
    Last Refresh:
    Jan 9 at 12:06 pm

    Property Features for State Route 121 North

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.90 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Gale Broach Sharp (270) 753-1222 License #211656

    Listing date Sep 14, 2025

    MLS# 133802 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.

    Overview

    Unrestricted Land Near Murray

    This is an unrestricted 1.9-acre parcel located in Calloway County, Kentucky, on the edge of Murray city limits. The property is adjacent to both commercial and residential properties and is conveniently located within minutes of Murray State University, restaurants, shopping, and apartment complexes. Investment building opportunities are described as unlimited. Note that the property does not include the fraternity house; see minor subdivision plat and new tract description.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Murray
    County
    Calloway
    State
    Kentucky
    Longitude
    -88.312039
    Latitude
    36.617074

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    FAQs

    What type of property is this?
    Commercial land - 1.9 acres of unrestricted land near Murray State University.
    Where is this commercial land located?
    The property is located at State Route 121 North Murray, KY.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: - Unrestricted 1.9-acre lot.; - Located on the edge of Murray city limits.; - Adjacent to commercial and residential property.
    (270) 293-9333
    Request Owner's contact information
    State Route 121 North 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
    State Route 121 North Murray, KY 42071
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