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    Spring St Tompkinsville, KY 42167

    For Sale
    Contact for pricing

    1.02 Acres, Development Ready, Utilities Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.02-acre commercial development property presents a unique opportunity in Tompkinsville, Kentucky. Situated in Clark Estates, this lot offers a tranquil setting at the end of a quiet street, boasting a gentle hillside location bordering wooded areas and overlooking picturesque farmland. The property's prime location provides both privacy and convenience, being approximately two miles from the town of Tompkinsville. A significant advantage is the pre-existing basement, partially excavated into the hillside, providing a solid foundation for a new construction project. Utilities are readily available, simplifying the development process. The land is zoned for commercial use and presents itself as ideal for a variety of development projects. Enjoy the natural beauty of the surrounding area, with opportunities for bird watching, and small game hunting. This property is priced affordably at $20,000, making it an attractive investment for those seeking a unique and well-positioned building site in Monroe County, KY, zip code 42167. The property's address is Spring Street.

    Property Features for 0 Spring St

    General Information

    Property type
    Land
    Lot Size
    44,431 SF

    HighLights

    • 1.02‑acre commercial lot in Tompkinsville, KY, zoned for commercial use.
    • Located in Clark Estates, offering a quiet setting at the end of a street, bordering wooded areas and overlooking farmland.
    • Partially excavated basement provides a solid foundation for new construction.
    • Utilities readily available.
    • Priced at $20,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tompkinsville
    County
    Monroe
    State
    Kentucky
    Longitude
    -85.6796692
    Latitude
    36.6861411

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    FAQs

    What type of property is this?
    Land - 1.02 Acres, Development Ready, Utilities Available
    Where is this land located?
    The property is located at Spring St Tompkinsville, KY.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: 1.02-acre commercial lot in Tompkinsville, KY, zoned for commercial use.; Located in Clark Estates, offering a quiet setting at the end of a street, bordering wooded areas and overlooking farmland.; Partially excavated basement provides a solid foundation for new construction.
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    Tompkinsville, KY 42167
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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
    Spring St Tompkinsville, KY 42167
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