Mixed-Use Property with Commercial
For Sale
$750,000
1230 N Highway 121, Murray, KY 42071
Commercial/Industrial, 1 Story, Murray, KY
Property Size12,000 SF
Lot Size3.00 Acres
Price / SF$62.50
Days on Market46
Property Features for 1230 N Highway 121
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
County, Highway Frontage
Directions
From MSU football stadium, take HWY-121 N. approx. 1.2 miles. Property will be on right.
Subdivision
Calloway
Standard status
Active
Lot size
3.00 Acres
Utilities
Utilities
Natural Gas Available
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete, Laminate
Building materials
Concrete Block, Frame
Roof type
Composition, Metal
Architectural style
Other
Listing Agency:
Check Mark Realty
(270) 705-2065
Listed By:
Matt Wilson · License #266459
(270) 705-2065
Added: Jul 8
Changed: Aug 21
Last Checked: Aug 22 at 3:06PM
MLS# 135166
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.
Investment Insights
Based on property information with market context.
This mixed-use property outside the Murray city limits encompasses approximately 3 acres with commercial improvements totaling 12,000sqft. The site includes one operating business and four additional commercial units that are available for renovation and continued use. Concrete block and frame construction, concrete and laminate flooring, natural gas heating, central air, public water, and composition and metal roofing are present across the improvements.
Located at 1230 N Highway 121 in Murray, the property offers road frontage and sits along a high-traffic corridor. No zoning restrictions are in place, and the acreage includes two double-sided billboards. Existing buildings and land provide a combination of current commercial use and redevelopment flexibility.
Located at 1230 N Highway 121 in Murray, the property offers road frontage and sits along a high-traffic corridor. No zoning restrictions are in place, and the acreage includes two double-sided billboards. Existing buildings and land provide a combination of current commercial use and redevelopment flexibility.
Key Highlights
- Approximately 3 acres outside the Murray city limits
- Commercial buildings totaling 12,000sqft
- One operating business plus four additional commercial units
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Existing commercial buildings, an operating business, and two double-sided billboards support multiple use options.
Where is this mixed-use property located?
The property is located at 1230 N Highway 121 Murray, KY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Approximately 3 acres outside the Murray city limits; Commercial buildings totaling 12,000sqft; One operating business plus four additional commercial units
