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1210 Nebo Rd 6.93 Acres of Commercial Land Offered at $495,000 in Madisonville, KY 42431
Executive Summary
Opportunity to own income producing commercial acreage on recently improved, high traffic Nebo Road. 6.93 acres with multiple access points. Access across the front of Cayce Mill store lot by easement, Yorkwood Place by KYDOT permit and Dodson Lane. Building on tract available to lease at $1,000 per month. Zoned Light Industrial.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Price | $495,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 6.93 AC |
| Property Type | Land | ||
| Zoning | Commercial - Zoned Light Manufacturing | ||
| Price | $495,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 6.93 AC |
| Zoning | Commercial - Zoned Light Manufacturing |
1 Lot Available
Lot
| Price | $495,000 | Lot Size | 6.93 AC |
| Price Per AC | $71,428.57 |
| Price | $495,000 |
| Price Per AC | $71,428.57 |
| Lot Size | 6.93 AC |
Level to slightly rolling. Site has access from three sides and fronts on recently upgraded US-41A. This is a commercial corridor with retail, manufacturing, and tourism.
Description
Commercial/Industrial acreage with income producing rental.
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
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Presented by
Hicklin Real Estate
1210 Nebo Rd
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