507 12th St Murray, KY 42071-1652
Property summary
This 1,600 square foot commercial property in Murray, Kentucky, presents a unique investment opportunity. Situated just minutes from Murray State University, with its 10,000+ student population, this high-visibility location boasts exceptional foot and vehicle traffic. The property comprises two buildings on a sizable lot, previously utilized as a body shop and storage facility. This versatile space offers ample room for a diverse range of commercial ventures. The existing structures provide a solid foundation for a variety of uses, including, but not limited to, another body shop, tire shop, or repair center. However, the property's adaptability extends beyond these traditional uses
Property profile
VerifiedCap rate & NOI
Current use
-
Bank Loan Service
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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