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Property profile & analytics
OFF-MARKET
Commercial real estate

223 7Th St Mayfield, KY 42066

1.2 ac lot
Property ID
US34-1327892
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 1.2 ac (52,272 SF)
UPID US34-1327892
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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