512 S 12Th St Murray, KY 42071
For Sale
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This exceptional 12,060 square foot commercial property at 512 S 12th Street, Murray, KY, presents a compelling investment opportunity. Situated in a high-traffic area on Murray's south side, this property benefits from its proximity to a variety of established businesses, including retail stores, lodging facilities, and restaurants. Currently occupied by a tenant with a lease expiring December 25th, the property offers immediate income potential. Beyond the main building, a valuable asset is the inclusion of a two-bay garage located on the south side, currently utilized for storage. This versatile space offers additional income potential or could be adapted to suit a variety of needs. The property boasts a recently installed roof (2021), ensuring long-term cost savings and peace of mind. Three-phase electric power is readily available, catering to a wide range of commercial uses. Access is facilitated by a shared drive easement with an adjacent carwash, ensuring convenient ingress and egress. This property is ideally suited for investors seeking a strong return on investment in a thriving commercial district. The combination of existing tenancy, versatile space, and prime location makes this an exceptional opportunity not to be missed.
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South 641 Car Wash Car Wash
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Bumper To Bumper Auto Parts/Crow-Burlingame Auto Parts Store
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Carquest Auto Parts Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.