Diesel Mechanic Shop with 8-Inch
115 Tucker Schoolhouse Rd. Madisonville, KY 42431
115 Tucker Schoolhouse Rd., Madisonville, KY, 42431
$450,000
For Sale
$450,000
COMMERCIAL - Madisonville, KY
Property Size6,516 SF
Lot Size0.87 Acres
Price / SF$69.06
Days on Market411
Property Features for 115 Tucker Schoolhouse Rd.
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 6,516 SF
- Lot size
- 0.87 Acres
Listing Agency
HERITAGE HOMES REAL ESTATE
(270) 825-9090
843 HANSON ST, Madisonville, KY
Listed by
Alice Carr
(270) 339-2673
Added: Jun 4, 2025 Checked: Jul 19 at 5:06 am
MLS# 117009
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This previously operating diesel mechanic shop is available for a new owner to restart operations. The existing shop space is suited for semi-truck and heavy equipment repairs, with 8-inch concrete floors. Some tools and semi-truck parts are available with the property. Note that the included truck, trailer, race car, and tow truck are not for sale with the real estate.
The property is located at 115 Tucker Schoolhouse Rd. in Madisonville, Kentucky, on a lot of about 0.873 acres. The property line goes to the edge of the concrete, and the grass area along the site is owned by the City of Madisonville.
For operators looking to bring a diesel and heavy repair facility back online, the building’s service-ready shop configuration and durable flooring can support day-to-day maintenance and repair work. Available tools and parts may help reduce initial startup costs when transitioning from a stopped operation to an active service schedule.
The property is located at 115 Tucker Schoolhouse Rd. in Madisonville, Kentucky, on a lot of about 0.873 acres. The property line goes to the edge of the concrete, and the grass area along the site is owned by the City of Madisonville.
For operators looking to bring a diesel and heavy repair facility back online, the building’s service-ready shop configuration and durable flooring can support day-to-day maintenance and repair work. Available tools and parts may help reduce initial startup costs when transitioning from a stopped operation to an active service schedule.
Key Highlights
- Diesel mechanic shop previously operating and available to restart
- Existing shop space designed for semi‑truck and heavy equipment repairs
- 8‑inch concrete floors in the shop area
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.0k | $6.60 |
| − Vacancy | −$3.2k | −$0.50 |
| EGI | $39.8k | $6.10 |
| − OpEx | −$11.9k | −$1.83 |
| NOI | $27.8k | $4.27 |
6,516 SF · lease $6.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.02M
$895.2K – $1.19M
NOI $71,612 @ 7.0% cap · market cap 15.91%
Second Best
Industrial
$397.8K
$348.1K – $464.1K
NOI $27,846 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$1.10M
$961.8K – $1.28M
NOI $76,941 @ 7.0% cap · market cap 17.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
FAQs
What type of property is this?
Auto shop - Ready-to-run diesel repair shop designed for semi-truck and heavy equipment service, featuring 8-inch concrete floors.
Where is this auto shop located?
The property is located at 115 Tucker Schoolhouse Rd. Madisonville, KY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Diesel mechanic shop previously operating and available to restart; Existing shop space designed for semi‑truck and heavy equipment repairs; 8‑inch concrete floors in the shop area
