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    616 12Th St Murray, KY 42071

    • Retail properties
    • 95,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 616 12Th St

    Property size
    95,000 SF
    Property type
    Retail properties

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Murray
    County
    Calloway
    State
    Kentucky
    Longitude
    -88.3134
    Latitude
    36.6198

    Comparable in this City

    • Value Estimation by Request
      23.69 Acres

      809 12th St

      DEPARTMENT STORE • 23.69 Acres
      809 12th St, Murray, KY 42071-1648
      View Details
    • Value Estimation by Request

      718 12Th St

      Retail properties
      718 12Th St, Murray, KY 42071
      View Details
    • Value Estimation by Request
      38.60 Acres

      1700 12Th St

      Restaurants • 302,775 SF
      1700 12Th St, Murray, KY 42071
      View Details
    • Value Estimation by Request
      34,364 SF

      702 12th St

      DEPARTMENT STORE • 34,364 SF
      702 12th St, Murray, KY 42071-1649
      View Details
    • Value Estimation by Request

      708 12Th St

      Retail properties
      708 12Th St, Murray, KY 42071
      View Details
    • Value Estimation by Request

      716 12Th St

      Retail properties
      716 12Th St, Murray, KY 42071
      View Details

    Similar Nearby for Sale

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      Prime Murray KY Commercial Property

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      Commercial property in high-traffic area, excellent investment opportunity.
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      Restaurant and Retail Opportunity

      Prime commercial location with restaurant and retail spaces for sale.
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    • $195,000

      Commercial Building in Murray, KY

      Versatile 3,307 sq ft commercial building with ample parking.
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    Similar Nearby for Lease

    • $2,500 /Mo

      Restaurant/Retail Space in Murray, KY

      Restaurant or retail space with high visibility in Murray, KY.
      1310 Main St, Murray, KY 42071
      View Details
    • $17 SF/Yr

      Retail Space in Murray, KY

      Commercial space for lease in a new Murray development.
      1713 N State Route 121, Murray, KY 42071
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    • $2,800 /Mo

      Retail Space in Olive Plaza

      Retail space with great visibility in a prime location.
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    • $12 SF/Yr

      Prime Retail Space in Murray

      Adaptable 4,000 sq ft retail space in a bustling area.
      718 N 12Th St, Murray, KY 42071
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    • $4,400 /Mo

      Prime Retail Space in Murray

      4,000 SF commercial space in front of Walmart SuperCenter.
      815 N 12Th St, Murray, KY 42071
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    • $15 SF/Yr

      Retail Space in High-Traffic Location

      Over 6,900 sqft retail space in Murray, KY.
      616 N 12Th St, Murray, KY 42071
      View Details
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    616 12Th St
    Murray, KY 42071
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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
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