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Property profile & analytics

1700 12Th St Murray, KY 42071

  • Retail properties
  • 302,775 SF
  • 38.60 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 1700 12Th St

Year built
2025
Lot size
38.60 lot acres
Property size
302,775 SF
Property type
Retail properties
Property subtype
Restaurants

Description

Murray Crossing presents an exceptional opportunity for businesses seeking prime retail space in a thriving Kentucky market. This new, Class A development, slated for completion in 2025, encompasses 302,775 square feet across eight single-story buildings, offering a diverse range of spaces from 1,500 square feet to a maximum contiguous 129,000 square feet. The development features multiple tenancy options, including big-box, junior anchor, inline, and outparcel opportunities, catering to a variety of business needs. Located at 1700 N 12th St, Murray, KY 42071, the property boasts excellent visibility and accessibility, situated on 38.6 acres with prominent pylon signage and a proposed signalized intersection at North 12th Street, which sees over 17,596 vehicles per day. Additional access is provided via a signalized intersection off Utterback Road. The strategic location benefits from proximity to major retailers and restaurants, including Walmart, Lowe's, Kroger, and numerous national chains, as well as hotels like SpringHill Suites and Holiday Inn. Murray, KY, serves a trade area exceeding 100,000 people, is the county seat of Calloway County, and is home to Murray State University with a student population of 9,427. The city's strong community and vibrant atmosphere, recognized as "Friendliest Small Town in America," create a highly desirable environment for businesses. This development offers unparalleled potential for growth and success in a dynamic and attractive market. Zoned commercial, the property is situated in the Murray submarket of Calloway County.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Murray
County
Calloway
State
Kentucky
Longitude
-88.3103
Latitude
36.6362
More about this property
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