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    911 Thompsonville Hwy Oak Grove, KY 42262

    For Sale
    $775,000

    High-traffic location, 1.74 acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.74-acre commercial land parcel presents a unique investment opportunity in Oak Grove, Kentucky. Strategically located adjacent to a Walmart Supercenter, this property boasts high visibility and accessibility, ensuring significant exposure to a substantial customer base. The land features three convenient entrances, facilitating ease of access and potential for diverse development options. A completed survey is available for review within the property documents, providing comprehensive details regarding boundaries and potential usage. The asking price for this prime commercial land is $775,000. Its prime location beside a major retailer makes it ideal for a variety of commercial ventures, from retail establishments to complementary businesses that benefit from the high traffic volume generated by the adjacent Walmart. The three entrances offer flexibility in site planning and development, maximizing potential usage and return on investment. This property represents a rare opportunity to acquire a highly visible and accessible commercial land parcel in a thriving Kentucky community. Serious inquiries are encouraged to explore the full potential of this exceptional investment.

    Property Features for 911 Thompsonville Hwy

    General Information

    Property type
    Land

    HighLights

    • $775,000 asking price.
    • 1.74‑acre commercial land parcel.
    • Located in Oak Grove, KY, near Oak Grove Walmart.
    • Features three property entrances.
    • Survey available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oak Grove
    County
    Christian
    State
    Kentucky
    Longitude
    -87.4250691
    Latitude
    36.6643208

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    FAQs

    What type of property is this?
    Land - High-traffic location, 1.74 acres
    Where is this land located?
    The property is located at 911 Thompsonville Hwy Oak Grove, KY.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: $775,000 asking price.; 1.74-acre commercial land parcel.; Located in Oak Grove, KY, near Oak Grove Walmart.
    Request Owner's contact information
    911 Thompsonville Hwy Oak Grove, KY 42262
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    Oak Grove, KY 42262
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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
    911 Thompsonville Hwy Oak Grove, KY 42262
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