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    Property profile & analytics

    165 Scott St Madisonville, KY 42431

    • Manufacturing properties
    • 40,000 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US34-1102493
    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.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 165 Scott St

    Property size
    40,000 SF
    Property type
    Manufacturing properties
    Property subtype
    Distribution centers

    Description

    This exceptional Madisonville, KY property offers 40,000 square feet of combined food-grade commercial and office space, situated on 7.31 acres encompassing four lots. The existing building boasts a new roof, completed structural and electrical repairs, and has undergone a thorough cleaning and update. Power is currently operational. Some demolition has already been completed on the northern lot to improve access from E Noel Ave. The asking price is $431,674, translating to $10.79 per square foot. This versatile property presents a significant opportunity for various uses, including manufacturing, warehousing, retail, and office space, making it an ideal investment for entrepreneurs and investors alike. The property's location in Madisonville, KY, offers excellent access and visibility. The combination of existing improvements and ample space provides a solid foundation for immediate occupancy or future development. This is a rare opportunity to acquire a well-maintained, versatile industrial property in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Madisonville
    County
    Hopkins
    State
    Kentucky
    Longitude
    -87.4953293
    Latitude
    37.3310614

    Comparable in this City

    • $276,274
      5,667 SF

      Madisonville Industrial Duo

      Kentucky Warehouse Investment Opportunity
      234 Scott St, Madisonville, KY 42431
      View Details
    • $520,474
      41,622 SF

      Madisonville KY Industrial Property

      Prime KY Industrial Space: 41,622 SF, 2 Buildings
      234 Scott St, Madisonville, KY 42431
      View Details
    • $579,000
      21,800 SF

      Versatile Madisonville Property: Development Potential

      Two-acre property suitable for residential, office, or apartments.
      123 Waddill Ave, Madisonville, KY 42431
      View Details
    • $600,000
      10,192 SF

      Versatile Commercial Property on 3 Acres

      Commercial property with shop, storage, and cabin on 3 acres.
      2710 N Main St, Madisonville, KY 42431
      View Details
    • $850,000
      812 SF

      Madisonville Duplexes For Sale

      Five duplexes with potential for increased rental income.
      Cindy Dr, Madisonville, KY 42431
      View Details
    • $185,000
      1,500 SF

      Madisonville Duplex with Leased Units

      Duplex in Madisonville, KY with existing leases.
      825/827 Independence Dr, Madisonville, KY 42431
      View Details

    Similar Nearby for Sale

    • $276,274
      5,667 SF

      Madisonville Industrial Duo

      Kentucky Warehouse Investment Opportunity
      234 Scott St, Madisonville, KY 42431
      View Details
    • $520,474
      41,622 SF

      Madisonville KY Industrial Property

      Prime KY Industrial Space: 41,622 SF, 2 Buildings
      234 Scott St, Madisonville, KY 42431
      View Details
    • $579,000
      21,800 SF

      Versatile Madisonville Property: Development Potential

      Two-acre property suitable for residential, office, or apartments.
      123 Waddill Ave, Madisonville, KY 42431
      View Details
    • $600,000
      10,192 SF

      Versatile Commercial Property on 3 Acres

      Commercial property with shop, storage, and cabin on 3 acres.
      2710 N Main St, Madisonville, KY 42431
      View Details
    • $185,000
      1,500 SF

      Madisonville Duplex with Leased Units

      Duplex in Madisonville, KY with existing leases.
      825/827 Independence Dr, Madisonville, KY 42431
      View Details
    • $650,000
      4,534 SF

      Turnkey Madisonville Venue Opportunity

      Fully operational short-term rental and event venue with residence included.
      231 S Main St, Madisonville, KY 42431
      View Details

    Similar Nearby for Lease

    • $1,200 /Mo
      1,350 SF

      Retail Space in Downtown Madisonville

      Retail/commercial space in downtown Madisonville with high ceilings and open concept.
      36 W Center St, Madisonville, KY 42431
      View Details
    • Contact for pricing

      Retail Development off I-69

      New retail development in Madisonville, Kentucky, off I-69.
      I-69 And Is Frd Rd, Madisonville, KY 42431
      View Details
    • Contact for pricing
      16,980 SF

      Madisonville Retail Space Available

      Prime Retail Location, 3 Spaces Available
      9 Arch St, Madisonville, KY 42431
      View Details
    • Contact for pricing

      Prime Commercial Land For Lease

      3.5 AC commercial land for lease with high visibility.
      1650 S Main St, Madisonville, KY 42431
      View Details
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    165 Scott St
    Madisonville, KY 42431
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    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
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