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B-2 Zoned Commercial Land Tract
For Sale
$849,900

N 16th Street, Murray, KY 42071

COMMERCIAL - Murray, KY

Lot Size21.78 Acres
Days on Market123

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: Jun 10 Last Checked: Aug 1 at 3:06AM
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 offering is a commercial land tract totaling 21.78 acres. The property is identified as zoned B-2 Commercial, supporting a range of commercial uses consistent with that designation. The lot is presented as a single, developable parcel suitable for buyers looking for land to plan around their specific operating requirements.

The site address is N 16th Street, Murray, KY 42071. The remarks describe the parcel as conveniently situated near the 641 Business District and adjacent to the Murray State CFSB Center. Access points are noted from Walmart Drive and North 16th Street, and the location is described alongside major retailers including Walmart and Lowe's. The parcel is in Calloway County.

For tenants, buyers, and developers seeking a B-2 zoned site on a larger land block, this tract provides an opportunity to match development plans to an established commercial corridor. Its stated access and the nearby retail and institutional presence highlighted in the remarks may support a wide mix of business concepts that align with B-2 zoning.

Key Highlights

  • Over 21 acres of commercial land near the 641 Business District
  • Zoned B‑2 Commercial
  • Utilities include natural gas available

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

508
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 - Large B-2 commercial parcel with direct access from N 16th Street and proximity to major retailers.
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: Over 21 acres of commercial land near the 641 Business District; Zoned B‑2 Commercial; Utilities include natural gas available
More about this property
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