0 Spring St Tompkinsville, KY 42167
This exceptional 1.02-acre commercial development property presents a unique opportunity in Tompkinsville, Kentucky. Situated in Clark Estates, this lot offers a tranquil setting at the end of a quiet street, boasting a gentle hillside location bordering wooded areas and overlooking picturesque farmland. The property's prime location provides both privacy and convenience, being approximately two miles from the town of Tompkinsville. A significant advantage is the pre-existing basement, partially excavated into the hillside, providing a solid foundation for a new construction project. Utilities are readily available, simplifying the development process. The land is zoned for commercial use and presents itself as ideal for a variety of development projects. Enjoy the natural beauty of the surrounding area, with opportunities for bird watching, and small game hunting. This property is priced affordably at $20,000, making it an attractive investment for those seeking a unique and well-positioned building site in Monroe County, KY, zip code 42167. The property's address is Spring Street.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.