0 Cadiz Rd - Cadiz Rd. 33.68 Acres of Agricultural Land Offered at $3,030,200 in Hopkinsville, KY 42240

COMMERCIAL/RESIDENTIAL DEVELOPMENT LAND FOR SALE | CADIZ ROAD CORRIDOR | HOPKINSVILLE, CHRISTIAN COUNTY, KENTUCKY Prime 33.68-acre commercial development site positioned at the intersection of US-68 (Cadiz Road) and KY-91 (Princeton Road) in Hopkinsville, Kentucky. This exceptional land offering benefits from a $19.8 million Kentucky Transportation Cabinet infrastructure investment (KYTC Item 2-899) with construction awarded January 2025. Commercial land value has been validated by an adjacent Dollar General transaction at $117,000 per acre from this same property. STATE INFRASTRUCTURE INVESTMENT The Kentucky Transportation Cabinet has committed $19.8 million to US-68 corridor improvements directly serving this property. The project scope includes design ($800,000), right-of-way acquisition ($2.19 million), utility relocation ($4.05 million), and construction ($12.79 million). All phases were authorized January 7, 2025, with construction awarded and work commencing. This state investment signals government confidence in the commercial viability of the Cadiz Road corridor and substantially reduces development risk for incoming tenants and investors. DEVELOPMENT TIMING ADVANTAGE Buyers acquiring during active infrastructure construction benefit from pre-completion pricing while positioning for post-improvement value capture. The $19.8 million KYTC corridor investment enhances access, visibility, and traffic flow—improvements that historically drive 15-25% commercial land premiums upon completion. Early-stage acquisition allows developers to complete entitlements and site planning concurrent with state construction, enabling vertical development immediately following infrastructure delivery. PROPERTY SPECIFICATIONS The subject property totals 33.68 acres (1,466,883 square feet) of level, development-ready terrain. Parcel ID 207-00 01 001.00 is located within the City of Hopkinsville taxing district (01) in Christian County, Kentucky. The site carries Zone X flood designation indicating minimal flood hazard with no FEMA insurance requirements. Municipal sewer extends along the Hopkinsville Bypass, terminating approximately 850 feet from the property boundary at the Princeton Road intersection. Electric service is provided by Pennyrile Electric, water by Hopkinsville Water Environment Authority, and gas by Atmos Energy. ZONING AND ENTITLEMENTS Current zoning is R-2 (Seller to Assist on rezoning) with target rezoning to B-2 (General Business). The rezoning process typically requires few months and involves planning commission review, public hearing, and city council approval. B-2 zoning permits retail, restaurant, professional office, medical, financial services, and general commercial uses. Building requirements include 40-foot front setback, 7-foot side setback, 20-foot rear setback, 50-foot maximum height, and 55% maximum site coverage. Adjacent commercial zoning (B-2) exists to the northeast along Frank Silvey Road, supporting rezoning approval precedent. LOCATION AND ACCESS The property commands a strategic position at Hopkinsville's primary commercial crossroads. US-68 (Cadiz Road) serves as the main east-west commercial corridor connecting downtown Hopkinsville to I-24 Exit 65 (Cadiz/Hopkinsville interchange) approximately 12 miles west. KY-91 (Princeton Road) provides north-south connectivity to Princeton and regional markets. Daily traffic volumes along the Cadiz Road corridor range from 15,000 to 20,000 vehicles per day. The site offers excellent visibility, multiple access point opportunities, and established commercial infrastructure patterns. MARKET DEMOGRAPHICS The Hopkinsville trade area encompasses 35,000+ population within a 3-mile radius, with a city population of 31,577. Median household income exceeds $52,000 with average household income above $68,000. Daytime population swells to 42,000+ supporting strong retail and service demand. Consumer behavior data indicates 93.5% of adults visited fast food or drive-in restaurants monthly (Market Potential Index: 102), while 55.2% utilized drive-thru or curbside fast food services (MPI: 113). These metrics demonstrate above-average propensity for QSR and retail spending compared to national averages. DEVELOPMENT FLEXIBILITY The property accommodates multiple development scenarios. Full-parcel acquisition suits regional shopping center, power center, or master-planned commercial development. Major anchor pads of 8-15 acres support grocery, big box retail, or medical campus users. Restaurant and retail outlots of 1-3 acres are ideal for QSR, fast casual, and service retail tenants. Professional office park configurations of 5-10 acres serve medical, professional, and financial services users. Subdivision plats can be configured to buyer specifications with flexible deal structures including ground lease or fee simple sale. REGIONAL GROWTH DRIVERS Christian County benefits from proximity to Fort Campbell (20 miles), one of the largest military installations in the United States with 25,000+ military and civilian employees. The Hopkinsville-Christian County market has attracted significant retail investment including national brands seeking underserved regional trade areas. The recent Buc-ee's announcement at I-24 Exit 89 in Oak Grove (15 minutes north) signals institutional confidence in the broader Christian County market, with documented land value increases of 200-300% within county comparable Buc-ee's locations in Richmond and Smiths Grove, Kentucky. INVESTMENT HIGHLIGHTS This offering combines rare commercial scale (33+ acres), state-funded infrastructure investment ($19.8M KYTC project), validated commercial pricing ($117K/acre Dollar General comparable), and strategic location at Hopkinsville's primary commercial intersection. The property represents one of the largest available commercial development sites in Christian County with immediate access to established utilities, favorable topography, and clear path to commercial zoning approval. OFFERING TERMS Offered at $90,000 per acre ($3,031,200 total). Seller will consider subdivision for qualified users. Ground lease structures available for credit tenants. All inquiries to exclusive listing broker.