Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Property with Development Potential Title is generated by Realmo AI

    15124 Ft Campbell Blvd, Oak Grove, KY 42262

    View on Map
    Claim this Listing
    For Sale
    $1,200,000

    COMMERCIAL - OAK GROVE, KY

    Property size:
    21,100 SF
    Lot size:
    3.25 Acres
    Price / SF:
    $56/SF
    Added:
    Jul 15, 2025
    Days on Market:
    305
    Last Refresh:
    May 15 at 1:06 am

    Property Features for 15124 Ft Campbell Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B-2 GENERAL BUSINESS
    Standard status
    Active
    Size
    21,100 SF
    Lot size
    3.25 Acres

    We can help!

    Listing Contact
    BEN BOLINGER
    BEN BOLINGER

    Listing agent BEN BOLINGER License #246976

    Listing office BOLINGER REAL ESTATE & AUCTION 110 John Rives Road, HOPKINSVILLE, KY

    Listing date Jul 15, 2025

    MLS# 42186

    Copyright © 2026 Hopkinsville Christian & Todd County Association 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.

    HighLights

    • High‑visibility location just off the interstate
    • Strip shopping center with multiple tenants providing strong cash flow
    • Additional 1.69‑acre lot for future development or expansion
    • Strategically positioned in a high‑traffic area
    • Excellent exposure and easy access
    • Ample parking for customers and staff

    Overview

    This commercial property is located in Oak Grove, Kentucky, and features a strip shopping center with multiple tenants. The property includes an additional 1.69-acre lot, suitable for future development or expansion. The property is strategically positioned in a high-traffic area, offering excellent exposure, easy access, and ample parking. The lot size is 3.249 acres and the property size is 21100 square feet. The zoning is B-2 GENERAL BUSINESS. This property is located off the interstate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    United States Postal ... Shipping And Mailing Service

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Grove
    County
    Christian
    State
    Kentucky
    Longitude
    -87.442253
    Latitude
    36.662174

    Nearby Similar for Sale

    • $1,200,000

      Turnkey Income Property on Fort Campbell

      Commercial property with established businesses near Fort Campbell.
      15088 Fort Campbell Boulevard, Oak Grove, KY 42262
      View Details
    • $1,600,000
      6,750 SF

      Established Truck Wash Business

      Well-established truck wash business fully equipped and ready to operate.
      140 JW Dickinson Rd, OAK GROVE, KY 42262
      View Details
    • $5,613,000
      32,660 SF

      Multi-Tenant Retail Center For Sale

      Fully leased retail center in Oak Grove, Kentucky.
      200-266 Segler Dr, Oak Grove, KY 42262
      View Details
    • $289,000

      Commercial Land Near Interstate 24

      High visibility commercial land near I-24 at Kentucky Tennessee border.
      2801 Walter Garrett Ln., Oak Grove, KY 42262
      View Details
    • $65,000

      Level Lot in Oak Grove

      One-acre lot ready for development near Fort Campbell.
      237 HUGH HUNTER ROAD, OAK GROVE, KY 42262
      View Details
    • $3,550,000
      6,454 SF

      Established Car Wash Near Fort Campbell

      Profitable car wash with high visibility near Fort Campbell.
      14857 Fort Campbell Blvd, Oak Grove, KY
      View Details
    • $450,000

      Commercial Lot in Oak Grove

      4.55 acre commercial lot with excellent visibility and access.
      Oak Grove, KY 42262
      View Details
    • $1,200,000
      21,100 SF

      High-Visibility Commercial Property For Sale

      Commercial property with strip shopping center and additional lot.
      15124 Fort Campbell Blvd, Oak Grove, KY 42262
      View Details
    • $5,724,300
      32,660 SF

      Fully Leased Oak Grove Retail

      Multi-tenant retail center in Oak Grove, Kentucky, 100% leased.
      200 Segler Dr, Oak Grove, KY 42262
      View Details
    • Contact for pricing

      Land Available in Oak Grove

      Land for sale at 14800 Fort Campbell Boulevard.
      14800 Fort Campbell Boulevard, Oak Grove, KY, 42262
      View Details

    FAQs

    What type of property is this?
    Shopping center - High-visibility commercial property with development potential in Oak Grove, KY.
    Where is this shopping center located?
    The property is located at 15124 Ft Campbell Blvd Oak Grove, KY.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: High‑visibility location just off the interstate; Strip shopping center with multiple tenants providing strong cash flow; Additional 1.69‑acre lot for future development or expansion
    (270) 632-8882
    We can help!
    Listing Contact
    BEN BOLINGER
    BEN BOLINGER
    Real Estate License ID: 246976
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    15124 Ft Campbell Blvd, OAK GROVE, KY 42262
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!