234 Scott St Madisonville, KY 42431-2052
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.