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B-2 Commercial Land Near Retail
For Sale
$849,900

N 16th Street, Murray, KY 42071

Lots/Land, Murray, KY

Property SizeContact for details
Lot Size21.78 Acres
Days on Market170

Property Features for N 16th Street

General Information

Property type Commercial Sale
Property subtype Other
Lot features In City Limits, City Annex
Elementary school Calloway/Murray-VERIFY
Middle school Calloway/Murray-VERIFY
High school Calloway/Murray-VERIFY
Directions From 12th and Main in Murray, Head North on 12th Street, take a right onto 121 N Byass, take a right onto Walmart Drive, and continue straight through at the stop sign. The property access will be straight ahead at the dead end of the drive.
Subdivision Calloway
Standard status Active
Lot size 21.78 Acres

Utilities

Utilities Natural Gas Available
Water source Public
Listing Agency: Re/Max Real Estate Associates Murray
Listed By: Shelley Evans Jones · License #267199
Added: Apr 1 Changed: Aug 21 Last Checked: Sep 17 at 8:06PM
MLS# 126293

Copyright © 2026 Western Kentucky Regional MLS Inc. 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.

This 21.78-acre commercial land tract is zoned B-2 Commercial and offers a substantial development footprint in Murray, Kentucky. Public water serves the property, while natural gas is available. The parcel is suited to commercial land users seeking a sizeable site with established utility access.

The property is adjacent to the CFSB Center and positioned near Murray’s 641 Business District, with Walmart and Lowe’s among the nearby major retailers. Access is available from Walmart Drive and North 16th Street, connecting the tract to established retail activity and surrounding commercial development.

Key Highlights

  • 21.78‑acre commercial land tract
  • B‑2 Commercial zoning
  • Adjacent to the CFSB Center

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - B-2-zoned commercial tract with public water and natural gas available for future development.
Where is this commercial land located?
The property is located at N 16th Street Murray, KY.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 21.78‑acre commercial land tract; B‑2 Commercial zoning; Adjacent to the CFSB Center
More about this property
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