240 Noel Ave Madisonville, KY 42431
This exceptional 31,250-square-foot industrial property in Madisonville, Kentucky, presents a significant investment opportunity. Located at 240 E Noel Ave, 42431, this single-tenant building sits on 3 acres of land and offers a versatile space ideal for various uses, including refrigerated/cold storage, warehousing, and distribution. The building features five dock-high doors, facilitating efficient loading and unloading. The property boasts a single story design for ease of access and operation. Recent improvements include a new roof, along with significant structural and electrical upgrades. The entire 31,250 square feet is currently vacant and ready for immediate occupancy. Its prime location in Madisonville, KY provides excellent access to transportation routes and a strong local workforce. This property is well-suited for businesses requiring substantial refrigerated or ambient storage space, along with convenient loading and unloading capabilities. The recent renovations ensure a modern and efficient operational environment. This is a rare opportunity to acquire a well-maintained, spacious industrial building in a desirable Kentucky location. The property's size and features make it an attractive option for a wide range of industrial and commercial enterprises.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.