B-2 Zoned Commercial Development
For Sale
$950,000
N 12th Street, Murray, KY 42071
LAND - Murray, KY
Property SizeContact for details
Lot Size2.86 Acres
Days on Market395
Property Features for N 12th Street
General Information
Property type
Land
Property subtype
Other
Zoning
B-2
Zoning description
Highway Business District
Lot features
Cleared, Level, Floodplain
Directions
From intersection of 12th Street and MainStreet, travel north on 12th Street. Property will be between Walmart and Zaxby's. Sign on property.
Subdivision
114 - Calloway County
Standard status
Active
APN
041-0-0065-J
Lot size
2.86 Acres
Utilities
Utilities
Water Available
Listing Agency:
Stedelin Real Estate LLC
(270) 293-5657
Listed By:
Aleshia Banks · License #219362
(270) 753-8900
Added: Aug 1, 2025
Changed: Jul 11
Last Checked: Aug 30 at 8:06PM
MLS# 26017650
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Offered for sale is a commercial land parcel on Murray’s north side. The property is zoned B-2 per the city’s zoning ordinance, and the permitted uses are provided via an attached segment of the zoning ordinance. An attached plat shows a city water and sanitary sewer easement running on the property, and additional documents include an attached plat, aerial view, and restaurant agreement.
The seller notes that a portion of the site appears to be located in a FEMA flood zone. Topographic work has been completed to help determine how much is in the flood zone, and the property has had fill. A portion of the surrounding area has also been planned for development, as Waffle House has purchased a one-acre tract just to the north of the remaining property and is expected to begin construction in January 2027. A lease option is also available.
The seller notes that a portion of the site appears to be located in a FEMA flood zone. Topographic work has been completed to help determine how much is in the flood zone, and the property has had fill. A portion of the surrounding area has also been planned for development, as Waffle House has purchased a one-acre tract just to the north of the remaining property and is expected to begin construction in January 2027. A lease option is also available.
Key Highlights
- 2.864‑acre commercial property on Murray’s north side.
- Zoned B‑2 per the city’s zoning ordinance (see attached zoning ordinance segment for permitted uses).
- City water and sanitary sewer easement runs across the property (see attached plat).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
336
Businesses Nearby
Explore this area
Business Placement
Demographics for 42071, KY
29,703
Population
14,174
Households
2.1
Avg Household Size
35
Median Age
35%
College-Educated
92%
High-School Grad
209.0 sq mi
ZIP Area
142
Density / Sq Mi
$48,976
Median Household Income
$29,805
Median Earnings
$841
Median Rent
$188,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land in Murray with B-2 zoning, a water and sanitary sewer easement, and portions in a FEMA flood zone.
Where is this commercial land located?
The property is located at N 12th Street Murray, KY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 2.864‑acre commercial property on Murray’s north side.; Zoned B‑2 per the city’s zoning ordinance (see attached zoning ordinance segment for permitted uses).; City water and sanitary sewer easement runs across the property (see attached plat).
