Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    417 E 1St St Hopkinsville, KY 42240

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    3,600 sq ft commercial building suitable for various businesses.

    Lot size:
    0.72 Acres

    Property Features for 417 E 1St St

    General Information

    Standard status
    Active
    Lot size
    0.72 Acres

    We can help!

    Listing Contact
    Ben Bolinger
    Source: Exprealty

    Listing Agency: BOLINGER REAL ESTATE & AUCTION Listing Agent: Ben Bolinger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Versatile Commercial Building For Sale

    This 3,600 sq. ft. commercial building is suitable for a service-based business or light industrial use. The property features an open floor plan and easy access. Its location offers high traffic exposure. This building is ready to accommodate business needs.
    Location Intelligence

    Current Use by Public Records

    Justin Huddleston Plumber

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Classic Catering

    Location Insight

    • Map
    • Local Demand
    City
    Hopkinsville
    County
    Christian
    State
    Kentucky
    Longitude
    -87.490239
    Latitude
    36.871435

    Nearby Similar for Sale

    • Contact for pricing
      1.01 Acres

      Office Space Near Pennyrile Parkway

      Spacious 3,800 sq ft office space with ample parking.
      114 Keeton Dr, Hopkinsville, KY 42240
      View Details
    • $990,000
      Pending

      Secluded Home with Private Lake

      Secluded 3BR home on 68+ acres with private lake.
      7845 Johnson Mill Rd, Hopkinsville, KY 42240
      View Details
    • $175,000

      Hopkinsville Commercial Building with Storage

      Commercial building with storage units and business potential in Hopkinsville.
      110 Talbert Dr, Hopkinsville, KY 42240
      View Details
    • $285,000
      0.20 Acres

      New Warehouse with Office Space

      4,800 sq ft warehouse with office space for sale.
      426 East 7Th St, Hopkinsville, KY 42240
      View Details
    • Contact for pricing
      1.57 Acres

      Prime Retail Space Available

      Retail space in high-traffic area, suitable for various businesses.
      2916d Fort Campbell Blvd, Hopkinsville, KY 42240
      View Details
    • $119,900
      0.11 Acres

      Hopkinsville Auto Mechanic Business Opportunity

      Reactivate thriving auto mechanic business and detail shop in Hopkinsville.
      315 E 4Th St, Hopkinsville, KY 42240
      View Details
    • $549,900
      4,800 SF

      Well-Located Commercial Building Hopkinsville

      4,800 sq ft retail space with ample parking.
      200 Sivley Rd, Hopkinsville, KY 42240
      View Details
    • $99,500
      0.03 Acres

      Retail in Hopkinsville Renaissance District

      Retail property in Hopkinsville's Renaissance District, eligible for incentive programs.
      603 S Virginia St, Hopkinsville, KY 42240
      View Details
    • Contact for pricing
      3.00 Acres

      Office and Warehouse Space Available

      Office and climate-controlled warehouse space for rent.
      208 Bradshaw Pike Ext, Hopkinsville, KY 42240
      View Details
    • $1,900,000
      8.76 Acres

      Office Building in Hopkinsville, KY

      Office building for sale in high-traffic Hopkinsville location.
      4011 Fort Campbell Blvd, Hopkinsville, KY 42240
      View Details
    • $999,500
      4,697 SF

      Prime Retail and Business Space

      Two buildings with drive-thru, ideal for retail or business.
      1112 W 7Th St, Hopkinsville, KY 42240
      View Details
    • $390,000
      0.43 Acres

      Commercial Buildings on Fort Campbell

      Two commercial buildings on one parcel, ideal for investment.
      2518 Fort Campbell Blvd, Hopkinsville, KY 42240
      View Details

    FAQs

    What type of property is this?
    Flex space - 3,600 sq ft commercial building suitable for various businesses.
    Where is this flex space located?
    The property is located at 417 E 1St St Hopkinsville, KY.
    What is the asking price?
    The asking price for this property is $1,200.
    What are key features of this property?
    This property features: - Spacious 3,600 sq. ft. commercial building.; - Ideal for service-based business or light industrial use.; - High traffic exposure.
    (270) 632-8882
    Request Owner's contact information
    417 E 1St St Hopkinsville, KY 42240
    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.
    417 E 1St St
    Hopkinsville, KY 42240
    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
    417 E 1St St Hopkinsville, KY 42240
    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

    We can help!
    Listing Contact
    Ben Bolinger
    (270) 632-8882
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.