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    Us-62 Princeton, KY 42445
    Property profile & analytics

    Us-62, Princeton, KY 42445

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    • Warehouses
    • 12,700 SF
    • 18.38 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 0 Us-62

    Year built
    1960
    Lot size
    18.38 lot acres
    Property type
    Warehouses
    Property subtype
    Land

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Princeton
    County
    Caldwell
    State
    Kentucky
    Longitude
    -87.8631
    Latitude
    37.1185
    More about this property
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