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    62 And Western Kentucky Pkwy Princeton, KY 42445

    For Sale
    Contact for pricing

    2.4 Acres, High-Visibility Retail Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.4-acre commercial land parcel is ideally situated in Princeton, Kentucky, at the intersection of US Highway 62 West and the Western Kentucky Parkway. Boasting a prime location on the city's main shopping corridor, this property offers unparalleled visibility and accessibility, enhanced by a signalized traffic light. The site benefits from close proximity to major retailers such as Walmart, Ruler Foods, and AutoZone, ensuring high traffic volume and strong consumer presence. Anchored by established businesses including Dollar Tree, Factory Connection, Shoe Sensation, and Hibbett Sports, this location provides a proven track record of retail success. Further enhancing its appeal, a newly constructed Taco John's restaurant is situated on an adjacent outlot. The property's strategic location within the central retail trade area, coupled with convenient access to the Western Kentucky Parkway/I-69, guarantees exceptional exposure and ease of access for customers and employees alike. A newly built hospital located behind the property adds to the area's growing appeal and potential for future development. The property is zoned for commercial retail use, presenting a unique opportunity for investors and developers seeking a high-impact location in a thriving Kentucky market. The APN is 0065-0000-0036.

    Property Features for 62 And Western Kentucky Pkwy

    General Information

    Property type
    Individual retail properties
    Lot Size
    104,544 SF

    HighLights

    • 2.4‑acre parcel available for sale.
    • Strong tenant lineup including Dollar Tree, Factory Connection, Shoe Sensation, and Hibbett Sports.
    • New Taco John's restaurant on adjacent outparcel.
    • Excellent visibility and access via signalized intersection.
    • Prime retail location.
    • Adjacent to a newly constructed hospital.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Princeton
    County
    Caldwell
    State
    Kentucky
    Longitude
    -87.9030316
    Latitude
    37.1103886

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    FAQs

    What type of property is this?
    Individual retail property - 2.4 Acres, High-Visibility Retail Site
    Where is this individual retail property located?
    The property is located at 62 And Western Kentucky Pkwy Princeton, KY.
    What are key features of this property?
    This property features: 2.4-acre parcel available for sale.; Strong tenant lineup including Dollar Tree, Factory Connection, Shoe Sensation, and Hibbett Sports.; New Taco John's restaurant on adjacent outparcel.
    Request Owner's contact information
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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
    62 And Western Kentucky Pkwy Princeton, KY 42445
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