B Princeton, KY 42445
- Commercial real estate
- 12,700 SF
- 5.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for B
- Lot size
- 5.00 lot acres
- Property size
- 12,700 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, situated on Highway 62 in Princeton, Kentucky, presents a compelling investment opportunity. The property encompasses a substantial 12,700 square foot industrial warehouse ideally suited for a variety of commercial uses. The expansive 18.38-acre lot offers significant potential for expansion, additional building construction, or ample yard storage. The property is conveniently divisible into two parcels: a 5-acre parcel including the warehouse, and a separate 13.38-acre parcel. Its strategic location offers unparalleled access to key transportation arteries. The property is less than four miles from downtown Princeton and enjoys close proximity to the Wendell H Ford Western Kentucky Parkway. Furthermore, its advantageous position approximately 7.5 miles from the Eddyville Riverport and 10 miles from the heavily trafficked I-24/I-69 interchange (a major route connecting St. Louis, Missouri, and Nashville, Tennessee) makes it an ideal location for businesses seeking efficient logistics and distribution. The recent securing of a grant for long-term improvements at the Eddyville Riverport further enhances the property's long-term investment potential within this rapidly growing commercial area. This property is priced at $475,000 and offers a unique blend of size, location, and flexibility.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Princeton
- County
- Caldwell
- State
- Kentucky
- Longitude
- -87.8972
- Latitude
- 37.1175
