Grayson, KY Commercial
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
(877) 366-2213
Listed By:
Vanessa Vale Team - Vanessa Vale Womack · License #267167
(859) 806-8253
Added: Feb 21, 2025
Changed: May 14
Last Checked: Aug 22 at 4:06PM
MLS# 25003145
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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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Explore this area
Business Placement
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
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.**
