Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1121 Skyline Dr Hopkinsville, KY 42240

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1121 Skyline Dr Hopkinsville, KY 42240

    View on Map
    • Industrial properties
    • 141,055 SF
    • 8.12 lot acres
    For Lease
    View Listing →
    Hopkinsville Warehouse Space Available For Lease
    Contact for pricing
    143,500 SF

    Hopkinsville Warehouse Space Available

    143,500 sq ft warehouse space for lease.

    1121 Skyline Dr, Hopkinsville, KY
    View Listing
    Property ID
    US34-0695580
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lawn Cutters Equipment LLC / (Bike/Boat/Book/etc) Store / Garden Center
    • Lawncutters Equipment Sales & Service / Big Box & Wholesale Store / Discount Store

    Property Details for 1121 Skyline Dr

    Year built
    1993
    Lot size
    8.12 lot acres
    Property size
    141,055 SF
    Property type
    Industrial properties
    APN
    225-00 02 016.00
    APU
    225000201600

    Description

    This exceptional industrial property, located at 1121 Skyline Drive in Hopkinsville, Kentucky, 42240, offers a total of 143,500 square feet of warehouse space divided into four individual suites. The property is ideally suited for multiple tenants seeking flexible space options, ranging from a minimum of 12,000 square feet to a maximum contiguous space of 143,500 square feet. This allows for businesses of various sizes to find a suitable fit within this well-maintained facility. The property's classification as industrial and its warehouse subtype ensures it's well-suited for storage, distribution, light manufacturing, or other related industrial uses. The multiple tenancy structure provides a diverse and dynamic environment, fostering a collaborative atmosphere. The property's prime location in Hopkinsville, Kentucky, offers excellent access to major transportation routes, facilitating efficient logistics and distribution. With its ample space and strategic location, this property presents a compelling opportunity for businesses seeking a functional and well-positioned warehouse facility. The property is ready for immediate occupancy. Contact us today to learn more about leasing opportunities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hopkinsville
    County
    Christian
    State
    Kentucky
    Longitude
    -87.4746
    Latitude
    36.8436
    CBSA code
    17300
    CBSA name
    CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,655
    $0.00
    $0.00
    $1,500,000
    -
    $0.00
    $0.00
    $1,500,000

    Comparable in this City

    • Value Estimation by Request
      73,544 SF

      210 Bill Bryan Blvd

      INDUSTRIAL (GENERAL) • 73,544 SF
      210 Bill Bryan Blvd, Hopkinsville, KY 42240-6814
      View Details
    • Value Estimation by Request
      346,834 SF

      501 Frank Yost Ln

      INDUSTRIAL (GENERAL) • 346,834 SF
      501 Frank Yost Ln, Hopkinsville, KY 42240-6817
      View Details
    • Value Estimation by Request
      353,615 SF

      100 Krusteaz Way

      INDUSTRIAL (GENERAL) • 353,615 SF
      100 Krusteaz Way, Hopkinsville, KY 42240-6809
      View Details
    • Value Estimation by Request
      13,000 SF

      201 Means Ave, Unit 201-205

      INDUSTRIAL (GENERAL) • 13,000 SF
      201 Means Ave, Hopkinsville, KY 42240-2384
      View Details
    • Value Estimation by Request
      3,200 SF

      700 15th St

      INDUSTRIAL (GENERAL) • 3,200 SF
      700 15th St, Hopkinsville, KY 42240-2046
      View Details
    • Value Estimation by Request
      30,000 SF

      154 9th St

      INDUSTRIAL (GENERAL) • 30,000 SF
      154 9th St, Hopkinsville, KY 42240-3406
      View Details

    Similar Nearby for Sale

    • $390,000
      26,820 SF

      Expansive Commercial Building on 2.82 Acres

      30,000 SF building on 2.82 acres near Pennyrile Parkway.
      140 College St, Crofton, KY 42240
      View Details
    • Contact for pricing
      4,800 SF

      New Warehouse with Office Space

      4,800 sq ft warehouse with office in Hopkinsville, KY
      426 East 7Th St, Hopkinsville, KY 42240
      View Details
    • Contact for pricing

      Commercial Lot with Storage Units

      Prime commercial lot with two included storage units.
      2332 Fort Campbell Blvd, Hopkinsville, KY 42240
      View Details
    • $1,600,000
      38.37 Acres

      Hopkinsville Commercial Property For Sale

      38.369 acres with storage units and office/retail building.
      1411 W 7Th St, Hopkinsville, KY 42240
      View Details
    • $1,600,000
      16,276 SF

      Development Land with Existing Income

      38+ acre development land with existing storage unit income.
      1411 W 7Th St, Hopkinsville, KY 42240
      View Details
    • $1,100,000
      31,000 SF

      Warehouse Space For Sale

      Two-building warehouse totaling 31,000 SF on 3.89 acres.
      154 Pardue Ln, Hopkinsville, KY 42240
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      143,500 SF

      Hopkinsville Warehouse Space Available

      143,500 sq ft warehouse space for lease.
      1121 Skyline Dr, Hopkinsville, KY 42240
      View Details
    • Contact for pricing
      21,000 SF

      Hopkinsville Commercial Office/Warehouse Space

      Office and climate-controlled warehouse space available for lease.
      208 Bradshaw Pike Ext, Hopkinsville, KY 42240
      View Details
    • Contact for pricing

      Prime Retail and Land Opportunity

      Retail and land available on Fort Campbell Boulevard.
      4000 Fort Campbell Blvd, Hopkinsville, KY 42240
      View Details
    • Contact for pricing

      Neighborhood Retail Shopping Center Space

      Retail space available in Hopkinsville near Fort Campbell base.
      2601 Fort Campbell Blvd, Hopkinsville, KY 42240
      View Details
    • Contact for pricing

      Freestanding Building on Fort Campbell

      Freestanding vacant building available for sublease on Fort Campbell Boulevard.
      2626 Fort Campbell Blvd, Hopkinsville, KY 42240
      View Details
    • $5,605 /Mo
      3,800 SF

      Spacious Office Near Pennyrile Parkway

      Modern 3,800 sq ft office space with ample parking.
      114 Keeton Dr, Hopkinsville, KY 42240
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1121 Skyline Dr
    Hopkinsville, KY 42240
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!