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Cleared Commercial Land
For Sale
$299,900

51 Madison Square Dr, Madisonville, KY 42431

COMMERCIAL SALES, Madisonville, KY

Property SizeContact for details
Lot Size0.34 Acres
Days on Market524

Property Features for 51 Madison Square Dr

General Information

Property type Commercial Sale
Property subtype Other
Subdivision MADISONVILLE
Standard status Active
Lot size 0.34 Acres
Listing Agency: Triple Crown Realty Group
Listed By: DAUGHERTY - PHELPS TEAM
Added: Mar 18, 2025 Changed: Aug 20 Last Checked: Aug 23 at 1:06PM
MLS# 91788

Copyright © 2026 Greater Owensboro Realtor® Association. 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 0.34-acre commercial land parcel at 51 Madison Square Dr in Madisonville, Kentucky, offers a cleared development site. A building that previously operated as a car wash has been removed, leaving the property without the former structure.

The site is near the I-69 corridor and is located in Madisonville, within Hopkins County. Its prior commercial use and cleared condition provide a straightforward starting point for evaluating future development plans.

Key Highlights

  • 0.34‑acre commercial land parcel
  • Former car wash building has been razed
  • Cleared site ready for future evaluation

Property Analytics

Current Use

Laser Wash Car Wash Sparkle clean car ... Car Wash

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store HVAC Service Dental Office Parking Lot & Garage Kitchen & Bath Showroom

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

327
Businesses Nearby

Demographics for 42431, KY

26,566
Population
12,569
Households
2.1
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
166.7 sq mi
ZIP Area
159
Density / Sq Mi
$57,529
Median Household Income
$37,671
Median Earnings
$858
Median Rent
$151,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Cleared commercial site near the I-69 corridor with prior car-wash use.
Where is this commercial land located?
The property is located at 51 Madison Square Dr Madisonville, KY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 0.34‑acre commercial land parcel; Former car wash building has been razed; Cleared site ready for future evaluation
More about this property
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