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Renovated Gas Station
For Sale
$690,000

8196 State Route 121 S, Mayfield, KY 42066

Business Opportunity, Mayfield, KY

Property Size3,000 SF
Price / SF$230
Days on Market82

Property Features for 8196 State Route 121 S

General Information

Property type Commercial Sale
Property subtype Other
Directions From Downtown Mayfield (courthouse square), head south on KY-121 South for ~8 miles. Continue past rural farmland; the property will be on your right at 8196 State Route 121 S (Farmington area), just before the curve near local residences.
Subdivision 118 - Graves County
Standard status Active
Size 3,000 SF

Amenities

new canopy

Building Details

Year built 1965
Listing Agency: Keller Williams Experience - Murray · Keller Williams Realty
Listed By: Courtney Smith · License #262691
Added: Jun 7 Changed: Aug 20 Last Checked: Aug 27 at 3:06AM
MLS# 26017722

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 gas station property includes approximately 3,000 square feet of commercial space and dates to 1965. Improvements completed in 2023 included a new canopy and pump, updating the primary fueling infrastructure. Inventory is included, providing an existing operating component for the next owner.

The property is positioned along State Route 121 S between Mayfield and Murray in Graves County. The nearest other gas station is described as more than 10 minutes away, placing the site along a travel route with limited nearby fueling alternatives. An option to lease the property is also available.

Key Highlights

  • 3,000‑square‑foot gas station property
  • 2023 renovation included a new canopy and pump
  • Inventory remains with the sale

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Computer & Electronic Repair Tech Support Center Restaurant Bed & Breakfast

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
3,254 visits/mo 0.4 miles

Demographics for 42066, KY

23,081
Population
10,793
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
217.3 sq mi
ZIP Area
106
Density / Sq Mi
$48,118
Median Household Income
$34,853
Median Earnings
$695
Median Rent
$135,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Operating gas station with a 2023 canopy and pump renovation, plus inventory included in the sale.
Where is this gas station located?
The property is located at 8196 State Route 121 S Mayfield, KY.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: 3,000‑square‑foot gas station property; 2023 renovation included a new canopy and pump; Inventory remains with the sale
More about this property
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