62 And Western Kentucky Pkwy Princeton, KY 42445
This exceptional 2.4-acre commercial land parcel is ideally situated in Princeton, Kentucky, at the intersection of US Highway 62 West and the Western Kentucky Parkway. Boasting a prime location on the city's main shopping corridor, this property offers unparalleled visibility and accessibility, enhanced by a signalized traffic light. The site benefits from close proximity to major retailers such as Walmart, Ruler Foods, and AutoZone, ensuring high traffic volume and strong consumer presence. Anchored by established businesses including Dollar Tree, Factory Connection, Shoe Sensation, and Hibbett Sports, this location provides a proven track record of retail success. Further enhancing its appeal, a newly constructed Taco John's restaurant is situated on an adjacent outlot. The property's strategic location within the central retail trade area, coupled with convenient access to the Western Kentucky Parkway/I-69, guarantees exceptional exposure and ease of access for customers and employees alike. A newly built hospital located behind the property adds to the area's growing appeal and potential for future development. The property is zoned for commercial retail use, presenting a unique opportunity for investors and developers seeking a high-impact location in a thriving Kentucky market. The APN is 0065-0000-0036.
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.