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    109 Sanderson Dr Hopkinsville, KY 42240

    For Sale
    $170,000

    16,062 SF, $170,000, High Potential

    Property size:
    16,062 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional mixed-use property, located at 109 Sanderson Dr, Hopkinsville, KY 42240, presents a unique investment opportunity for discerning buyers. Spanning 16,062 square feet, the property offers significant potential for various uses. Currently undergoing a remodel, this property is being sold "as is," providing a blank canvas for creative vision. The substantial size allows for diverse development strategies, including completing the renovation and subsequently flipping the property for a profit, establishing rental income streams, or even personal occupancy. Cash offers are preferred, but all offers will be considered. The property is situated in Hopkinsville, Kentucky, within Christian County (county code 21047), offering convenient access to local amenities and infrastructure. Prospective buyers are advised to refrain from approaching the property without prior communication. The seller is represented by an Attorney in Fact. This is a remarkable chance to acquire a large-scale property with considerable upside potential in a desirable Kentucky location. The latitude and longitude coordinates are 36.8820875, -87.5086106 respectively.

    Property Features for 109 Sanderson Dr

    General Information

    Property type
    Mixed-use properties
    Square Feet
    16,062 SF

    HighLights

    • $170,000 asking price.
    • Mixed‑use property.
    • 16,062 square feet.
    • Located at 109 Sanderson Dr, Hopkinsville, KY 42240.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Drink2ShrinkGeorgiaSlimTrim Health Consultant

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hopkinsville
    County
    21047
    State
    Kentucky
    Longitude
    -87.5086106
    Latitude
    36.8820875

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    FAQs

    What type of property is this?
    Mixed-use property - 16,062 SF, $170,000, High Potential
    Where is this mixed-use property located?
    The property is located at 109 Sanderson Dr Hopkinsville, KY.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: $170,000 asking price.; Mixed-use property.; 16,062 square feet.
    Request Owner's contact information
    109 Sanderson Dr Hopkinsville, KY 42240
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    Hopkinsville, KY 42240
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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
    109 Sanderson Dr Hopkinsville, KY 42240
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