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Property profile & analytics
OFF-MARKET
Warehouses

0 Us-62 Princeton, KY 42445

12,700 SF 18.38 ac lot Built 1960
Property ID
Property summary
AI-generated overview

This exceptional industrial property, located on Hwy 62 West in Princeton, Kentucky, presents a compelling investment opportunity. The 12,700 square foot warehouse, built in 1960, sits on a generous 18.38-acre lot and features three dock-high doors. The property is conveniently situated less than four miles from downtown Princeton and offers easy access to major transportation arteries. Its proximity to the Eddyville Riverport and the I-24/I-69 interchange provides significant logistical advantages for businesses seeking efficient distribution networks. The property's zoning allows for flexible use, catering to a variety of industrial and warehousing needs. The site is also ideally positioned to benefit from the recent grant secured by the Eddyville Riverport Authority for facility improvements, promising continued growth in the area's commerce. The property is available for purchase as a whole ($589,000) or can be subdivided into two parcels: Parcel A (5 acres with the 12,700 SF building, $150,000) and Parcel B (the remaining 13.38 acres, $475,000). This location offers ample space for expansion, yard storage, and significant potential for long-term growth, making it an attractive investment in a thriving Kentucky market. The property's address is US-62, Princeton, KY 42445, and its APN is 27-7A. The property is approximately 7.5 miles from the Eddyville Riverport and 10 miles from the heavily trafficked I-24/I-69 interchange, a key route between St. Louis, MO and Nashville, TN.

Property profile
Verified
Property type Warehouses
Year built 1960
Total area 12,700 SF
Lot 18.38 ac (800,633 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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