Office
For Sale
Contact for pricing
730 S Main St, Madisonville, KY 42431
Compact commercial office space with C zoning in an established building.
Property Size752 SF
Price / SF$144.95
Days on Market175
Property Features for 730 S Main St
General Information
Standard status
Active
Size
752 SF
Property subtype
Office, Retail
Zoning
C
Building Details
Year Built
1960
Listing Agency:
Heritage Homes Real Estate
Listed By:
Dean Sheets · License #205804
(270) 619-3117
Source:
Crexi
Added: Apr 29
Changed: Oct 9
Last Checked: Oct 19 at 3:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Heritage Homes Real Estate
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Investment Insights
Based on property information with market context.
This office unit contains 752 square feet within a commercial building constructed in 1960. The property carries C zoning and is located at 730 S Main St in Madisonville, Kentucky.
Key Highlights
- 752 square feet of office space
- C zoning
- Building constructed in 1960
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,335
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$126,700
$126.7K
Cap Rate 7%
$90,500
$90.5K
Cap Rate 9%
$70,389
$70.4K
Market Conditions
NOI Build-Up for 752 SF
Gross rent
$10.8K $14.40/SF
− Vacancy
−$2.4K −$3.17/SF
EGI
$8.4K $11.23/SF
− OpEx
−$2.1K −$2.81/SF
NOI
$6.3K $8.42/SF
Area
Hopkins County, KY
Vacancy
22.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$126,700
Cap Rate 7%
$90,500
Cap Rate 9%
$70,389
Alternative Uses
Best Use
Office B
$90.5K
$79.2K – $105.6K
NOI $6,335 @ 7.0% cap · market cap 5.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$126.9K
$111.0K – $148.0K
NOI $8,880 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Compact commercial office space with C zoning in an established building.
Where is this office unit located?
The property is located at 730 S Main St Madisonville, KY.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: 752 square feet of office space; C zoning; Building constructed in 1960
