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Property profile

62 & Western Kentucky Pkwy Princeton, KY 42445

OFF-MARKET
Retail properties & Spaces
12,000 SF
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Property summary

AI-generated overview

This exceptional 2.4-acre commercial land parcel presents a unique build-to-suit opportunity in the thriving retail corridor of Princeton, Kentucky. Located on US Highway 62 West, at the intersection of Western Kentucky Parkway, this property boasts unparalleled visibility and accessibility. The site is zoned for Commercial Retail use, allowing for a wide range of development options, including restaurants and street retail establishments. With a total buildable area of 12,000 square feet, this site is ideal for a single-tenant building. The property's strategic location offers close proximity to major retailers such as Walmart, Ruler Foods, and AutoZone, ensuring high traffic volume and strong consumer demographics. The parcel's size and zoning provide flexibility for a variety of commercial developments, making it an attractive investment for businesses seeking a prominent location in a growing Kentucky market. The Caldwell County location, with APN 38-9V2, offers a stable and supportive business environment. This is a rare opportunity to establish a significant presence in a key retail area of Princeton, Kentucky, with excellent visibility and access to a large customer base. The 12,000 square feet of vacant space provides ample room for a substantial building. This property is ready for immediate development.

Property profile

Verified
Property type Retail properties & Spaces
Total area 12,000 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 & Western Kentucky Pkwy Princeton, KY 42445
Princeton metro
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Value estimations

Realmo proprietary · 4 methods
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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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