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Business-Zoned Commercial Land
For Sale
$799,000

041-0-0125 N 16th Street, Murray, KY 42071

Land, Murray, KY

Property SizeContact for details
Lot Size21.78 Acres
Days on Market170

Property Features for 041-0-0125 N 16th Street

General Information

Property type Land
Property subtype Other
Zoning description B-2 Commercial
Lot features Wooded
Directions From 12th and Main in Murray, Head North on 12th Street, take a right onto 121 N Bypass, take a right onto Walmart Drive, and continue straight through at the stopsign. The property access will be straight ahead at the dead end of the drive.
Subdivision 114 - Calloway County
Standard status Active
APN 041-0-0125
Lot size 21.78 Acres

Utilities

Utilities Water Available
Listing Agency: Re/Max Real Estate Associates - Murray
Listed By: Shelley Evans · License #267199
Added: Apr 21 Changed: Sep 15 Last Checked: Oct 7 at 12:06PM
MLS# 26017784

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 21.78-acre commercial land parcel is zoned B-2 Commercial and includes water availability. The scale of the site supports consideration for a range of commercial property concepts, subject to applicable approvals and site planning.

The property is positioned near the 641 Business District and major retailers including Walmart and Lowe's. It is adjacent to the CFSB Center, with access points from Walmart Drive and North 16th Street in Murray, Kentucky.

Key Highlights

  • 21.78‑acre commercial land parcel
  • B‑2 Commercial zoning
  • Water available

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

292
Businesses Nearby

Demographics for 42071, KY

29,703
Population
14,174
Households
2.1
Avg Household Size
35
Median Age
35%
College-Educated
92%
High-School Grad
209.0 sq mi
ZIP Area
142
Density / Sq Mi
$48,976
Median Household Income
$29,805
Median Earnings
$841
Median Rent
$188,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - The parcel carries B-2 commercial zoning and has water available.
Where is this commercial land located?
The property is located at 041-0-0125 N 16th Street Murray, KY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 21.78‑acre commercial land parcel; B‑2 Commercial zoning; Water available
More about this property
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