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B-2 Zoned Commercial Land Parcel
For Sale
$849,900

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

LAND - Murray, KY

Property SizeContact for details
Lot Size21.78 Acres
Days on Market124

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: Jul 11 Last Checked: Aug 22 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 commercial land parcel totals 21.78 acres and is zoned B-2 Commercial. It offers a large, single tract configuration suited for a range of commercial uses under the B-2 zoning designation.

The property is described as conveniently situated near the 641 Business District and adjacent to the Murray State CFSB Center. Access is noted from Walmart Drive and North 16th Street, and major nearby retailers mentioned include Walmart and Lowe's.

For buyers seeking an appropriately sized commercial land opportunity in a retail-oriented area, this parcel’s B-2 zoning and location near established business activity are key considerations.

Key Highlights

  • Over 21‑acre commercial parcel near the 641 Business District, with major retailers including Walmart and Lowe's nearby
  • Adjacent to the Murray State CFSB Center
  • Access from Walmart Drive and North 16th Street

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm Computer & Electronic Repair Electrical Service Locksmith (Bike/Boat/Book/etc) 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land totaling 21.78 acres, zoned B-2, positioned near major retailers and Murray State’s CFSB Center.
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 $849,900.
What are key features of this property?
This property features: Over 21‑acre commercial parcel near the 641 Business District, with major retailers including Walmart and Lowe's nearby; Adjacent to the Murray State CFSB Center; Access from Walmart Drive and North 16th Street
More about this property
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