Commercial Land With Existing
For Sale
$1,100,000
Pending
408 N 12th Street, Murray, KY 42071
Commercial Sale, Murray, KY
Property Size2,912 SF
Lot Size0.60 Acres
Days on Market167
Property Features for 408 N 12th Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
B-2
Zoning description
B-2 Highway Commercial
Directions
From 12th and Main St, take 12th St north. Property is on the right.
Subdivision
114 - Calloway County
Standard status
Pending
APN
006-0-0002-0001B
Size
2,912 SF
Lot size
0.60 Acres
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Listing Agency:
Kopperud Realty
(270) 753-1222
Listed By:
John Kopperud · License #210645
(270) 753-1222 x109
Added: May 1
Changed: Oct 8
Last Checked: Oct 14 at 4:06PM
MLS# 26017636
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 B-2 commercial land property includes existing improvements with 2,176 square feet of restaurant space and an adjoining 2,912-square-foot retail area. The site can support continued use of the buildings or redevelopment under the B-2 Highway Business District designation, which permits restaurant use with drive-through, retail, office, and medical applications.
Located at 408 N 12th Street in Murray, the property occupies the intersection of N 12th Street and Chestnut Street. Frontage includes over 219 feet along N 12th Street and over 88 feet along Chestnut Street. Public sewer and cable availability serve the property, with nearby restaurants, retail businesses, and Murray State University identified in the surrounding context.
Located at 408 N 12th Street in Murray, the property occupies the intersection of N 12th Street and Chestnut Street. Frontage includes over 219 feet along N 12th Street and over 88 feet along Chestnut Street. Public sewer and cable availability serve the property, with nearby restaurants, retail businesses, and Murray State University identified in the surrounding context.
Key Highlights
- B‑2 Highway Business District zoning
- 2,176 square feet of restaurant space
- Adjoining 2,912‑square‑foot retail area
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
403k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 16%
Apparel 15%
Home Improvements & Furnishings 9%
Marshalls
Apparel
36,406 visits/mo
0.3 miles
McDonald's
Dining
33,664 visits/mo
0.4 miles
Cook Out
Dining
24,690 visits/mo
0.3 miles
Cracker Barrel Old Country Store
Dining
21,330 visits/mo
0.2 miles
Dollar Tree
Shops & Services
20,187 visits/mo
0.5 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail 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?
Commercial land - B-2 property with restaurant and retail improvements at a signalized commercial intersection.
Where is this commercial land located?
The property is located at 408 N 12th Street Murray, KY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: B‑2 Highway Business District zoning; 2,176 square feet of restaurant space; Adjoining 2,912‑square‑foot retail area
