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Property profile

62 And Western Kentucky Pkwy Princeton, KY 42445

OFF-MARKET
Land
2.4 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 2.4 ac (104,544 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

62 And Western Kentucky Pkwy Princeton, KY 42445
Princeton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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