Property profile

800 Coldwater Rd Murray, KY 42071

FOR SALE
Gas stations
Property ID
US34-1628115
1,305 SF
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This stunning, newly remodeled commercial building at 800 Coldwater Road in Murray, Kentucky presents a unique investment opportunity. Located at the highly trafficked 5-points intersection – the third busiest in Murray – this property offers exceptional visibility and accessibility. The 2,610 square foot building, completely renovated in 2022, is zoned B-2 (general highway business), making it suitable for a wide range of commercial uses. The contemporary design features new windows, multiple split HVAC units, and attractive laminate flooring throughout. The layout includes a spacious open office area on the ground floor, complemented by a boardroom, kitchen, 1.5 bathrooms, and two private offices. This configuration is mirrored on the second floor, providing ample space for various business needs. Large windows throughout the building ensure abundant natural light and offer pleasant views of Murray State University. The property's strategic location is further enhanced by its inclusion in the state's proposed roundabout project for the intersection, although no timeline for implementation has been established. Owner financing is available, making this an even more attractive proposition for prospective buyers. This versatile space is ideal for a variety of businesses seeking a modern, well-maintained, and highly visible location in a thriving Kentucky community.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Total area 1,305 SF
APN 001-0-0016-00014
UPID US34-1628115

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

800 Coldwater Rd Murray, KY 42071
Murray metro Census 10303 MURRAY, KY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$630k

Owner & transaction history

since 2022
Last sale
$576,620
3 recorded transactions
2022
$576,620
2015
$105,000
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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