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Property profile & analytics
OFF-MARKET Estimated value $825,000
Commercial real estate

234 Scott St Madisonville, KY 42431-2052

2.4 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US34-1156295
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.4 ac (104,544 SF)
APN M-32-32-6
UPID US34-1156295
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$825k
Owner & transaction history
165 Madisonville Ky LLC · 4 yrs held
165 Madisonville Ky LLC
since 2021
Last sale
$825,367
3 recorded transactions
2021
$825,367
2020
$571,932
2020
$50,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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