1700 12Th St Murray, KY 42071
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.
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
Similar Nearby for Lease
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.