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    234 Scott St Madisonville, KY 42431

    Sponsored
    For Sale
    $520,474

    Prime KY Industrial Space: 41,622 SF, 2 Buildings

    Property size:
    41,622 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional investment opportunity presents a 41,622 square foot industrial property situated on a 5.29-acre lot in Madisonville, Kentucky, at 234 N Scott St, zip code 42431. The property, currently listed at $520,474 ($12.50/sq ft), consists of two buildings and offers significant potential for a variety of commercial uses. The property features two loading docks, making it ideal for distribution or warehousing operations. Recent improvements include a new roof, along with substantial structural and electrical upgrades. The interior has also undergone a thorough cleaning and renovation. This prime location in Hopkins County, Kentucky, provides excellent access to transportation networks and a strong local market. The property's size and features make it suitable for a wide range of businesses, from manufacturing and distribution to retail or office space. The existing infrastructure and recent updates minimize immediate capital expenditure needs, allowing for a swift return on investment. This is a rare opportunity to acquire a well-maintained, versatile industrial property in a thriving Kentucky community. The property is owned by 165 Madisonville LLC.

    Property Features for 234 Scott St

    General Information

    Property type
    Distribution properties
    Square Feet
    41,622 SF
    Lot Size
    230,432 SF

    Building Details

    Buildings
    2

    HighLights

    • $520,474 asking price for this Madisonville, KY industrial property.
    • 41,622 square feet across two buildings on a 5.29‑acre lot.
    • $12.50 price per square foot.
    • Features two loading docks.
    • Located at 234 N Scott St, Madisonville, KY 42431.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madisonville
    County
    Hopkins
    State
    Kentucky
    Longitude
    -87.494399
    Latitude
    37.3319078

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    FAQs

    What type of property is this?
    Distribution property - Prime KY Industrial Space: 41,622 SF, 2 Buildings
    Where is this distribution property located?
    The property is located at 234 Scott St Madisonville, KY.
    What is the asking price?
    The asking price for this property is $520,474.
    What are key features of this property?
    This property features: $520,474 asking price for this Madisonville, KY industrial property.; 41,622 square feet across two buildings on a 5.29-acre lot.; $12.50 price per square foot.
    Request Owner's contact information
    234 Scott St Madisonville, KY 42431
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    234 Scott St Madisonville, KY 42431
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