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Grayson, KY Commercial Land
For Sale
$550,000

5 S Carol Malone Boulevard, Grayson, KY 41143

LAND - Grayson, KY

Property SizeContact for details
Lot Size3.45 Acres
Days on Market547

Property Features for 5 S Carol Malone Boulevard

General Information

Property type Land
Property subtype Other
Zoning description commerical and residenital
Subdivision Downtown
Directions On Carol Malone St. across from Dollar General
Standard status Active
Lot size 3.45 Acres
Listing Agency: LPT Realty
Listed By: Vanessa Vale Team - Vanessa Vale Womack · License #267167
Added: Feb 21, 2025 Changed: May 14 Last Checked: Aug 22 at 6:06PM
MLS# 25003145

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 property features 3.45 acres, with 2.96 acres zoned commercial and an additional 0.49 acres of vacant residential land. The residential lot previously had a house. A buyer can pursue combining the lots for a total of 3.45 commercial acres or submit an offer for just the 2.96 acres. The seller is open to a land build-to-suit lease contract. The property is located in a prime downtown location on the outskirts of town, on the way to Grayson Lake. It is situated across from Dollar General. An appraisal in April 2023 valued the 2.96 acres at $706,500. The additional 0.49 acres were not included in this appraisal.

Key Highlights

  • Prime downtown location on the outskirts of town, on the way to Grayson Lake.
  • 2.96 acres zoned commercial with an additional .49 acres of vacant residential land included.
  • Appraised at $706,500 in April 2023 for the 2.96 acres alone, offering immediate equity.**

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Plumbing Service Big Box & Wholesale Store Parking Lot & Garage Kitchen & Bath Showroom Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

224
Businesses Nearby

Demographics for 41143, KY

14,153
Population
6,083
Households
2.3
Avg Household Size
41
Median Age
17%
College-Educated
84%
High-School Grad
193.5 sq mi
ZIP Area
73
Density / Sq Mi
$48,485
Median Household Income
$32,974
Median Earnings
$688
Median Rent
$141,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land near Grayson Lake with development potential.
Where is this commercial land located?
The property is located at 5 S Carol Malone Boulevard Grayson, KY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Prime downtown location on the outskirts of town, on the way to Grayson Lake.; 2.96 acres zoned commercial with an additional .49 acres of vacant residential land included.; Appraised at $706,500 in April 2023 for the 2.96 acres alone, offering immediate equity.**
More about this property
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