223 7Th St Mayfield, KY 42066
This exceptional 1.2-acre commercial land parcel presents a unique investment opportunity in the heart of Mayfield, Kentucky. Strategically located in downtown Mayfield, this property boasts significant road frontage along both North 7th and North 8th Streets, providing excellent visibility and accessibility. The contiguous nature of the 1.2-acre lot offers developers considerable flexibility in planning and design. The property's address encompasses multiple parcels, including 223 N 7th St, 231 N 7th St, 222 N 8th St, and 228 N 8th St, all within the 42066 zip code in Graves County. This prime location offers significant potential for a variety of commercial developments, making it an ideal investment for those seeking to contribute to the revitalization of downtown Mayfield. The asking price for this substantial land holding is $325,000. Ownership is currently held by Shelter Point, LLC. This is a remarkable chance to acquire a substantial piece of commercial real estate in a growing Kentucky community. The property is being offered with a broker co-op agreement.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.