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400 N 7th St
Mayfield, KY 42066
ReBuild Mayfield · Land For Sale
·
9.34 AC
INVESTMENT HIGHLIGHTS
- 4,500 - 9,600 VPD
- 2.5 miles of road replacement and enhancement
- B-3 Central Business District
- Shovel Ready
EXECUTIVE SUMMARY
Downtown Mayfield, Kentucky, is undergoing a dynamic revitalization through the ReBuild Mayfield initiative, a collaborative effort led by the City of Mayfield and the Kentucky
Transportation Cabinet (KYTC) to restore and enhance the area's historic charm following a devastating tornado. This project is actively advancing multiple development sites encompassing both government-backed infrastructure and private commercial opportunities—creating an ideal landscape for builders, real estate developers, and business
owners to invest in a growing community. Central to this transformation is a significant 2.5-mile roadway enhancement, currently in preliminary design as of September 2025,
featuring roundabouts, shared-use paths, and pedestrian-friendly redesigns to improve safety, accessibility, and traffic flow while fostering business expansion.
Trifecta Real Estate Services presents 9.34 acres of shovel-ready, contiguous tracts in the B-3 Central Business District, ranging from 0.41 to 2.88 acres. These sites benefit from
high visibility with daily traffic counts of 4,500 to 9,600 vehicles per day and are strategically located near key landmarks such as City Hall, the Graves County Courthouse, CVS, and emerging multi-tenant commercial developments. The surrounding area includes a mix of new private developments (e.g., multi-tenant commercial spaces and
apartments) and government facilities, all integrated with the ongoing streetscape upgrades that modernize roads, sidewalks, and utilities to support vibrant commercial
growth. Graves County, home to Mayfield, stands out as a business-friendly hub in West Kentucky, with strong transportation links via Interstate 69, Highway 45, and regional riverports.
Recent economic momentum includes over 725 new jobs created, $111.5 million in investments, a 1.6% job growth rate in 2022, and an 8.6% wage increase, backed by a
skilled labor force of over 150,000 within a 45-minute drive and a prime-age participation rate of 79.5%. Demographic insights from 2025 Esri data reveal a population of
36,245, a median household income of $51,779, and dominant Tapestry segments like Country Charm (31.5% of households), indicating a stable, community-oriented market
with low taxes and industry support—perfect for retail, office, or mixed-use projects.
Transportation Cabinet (KYTC) to restore and enhance the area's historic charm following a devastating tornado. This project is actively advancing multiple development sites encompassing both government-backed infrastructure and private commercial opportunities—creating an ideal landscape for builders, real estate developers, and business
owners to invest in a growing community. Central to this transformation is a significant 2.5-mile roadway enhancement, currently in preliminary design as of September 2025,
featuring roundabouts, shared-use paths, and pedestrian-friendly redesigns to improve safety, accessibility, and traffic flow while fostering business expansion.
Trifecta Real Estate Services presents 9.34 acres of shovel-ready, contiguous tracts in the B-3 Central Business District, ranging from 0.41 to 2.88 acres. These sites benefit from
high visibility with daily traffic counts of 4,500 to 9,600 vehicles per day and are strategically located near key landmarks such as City Hall, the Graves County Courthouse, CVS, and emerging multi-tenant commercial developments. The surrounding area includes a mix of new private developments (e.g., multi-tenant commercial spaces and
apartments) and government facilities, all integrated with the ongoing streetscape upgrades that modernize roads, sidewalks, and utilities to support vibrant commercial
growth. Graves County, home to Mayfield, stands out as a business-friendly hub in West Kentucky, with strong transportation links via Interstate 69, Highway 45, and regional riverports.
Recent economic momentum includes over 725 new jobs created, $111.5 million in investments, a 1.6% job growth rate in 2022, and an 8.6% wage increase, backed by a
skilled labor force of over 150,000 within a 45-minute drive and a prime-age participation rate of 79.5%. Demographic insights from 2025 Esri data reveal a population of
36,245, a median household income of $51,779, and dominant Tapestry segments like Country Charm (31.5% of households), indicating a stable, community-oriented market
with low taxes and industry support—perfect for retail, office, or mixed-use projects.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 9.34 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | B-3 - Central Business District | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 9.34 AC |
| Opportunity Zone |
Yes |
| Zoning | B-3 - Central Business District |
1 LOT AVAILABLE
Lot
| Lot Size | 9.34 AC |
| Lot Size | 9.34 AC |
rifecta Real Estate Services presents 9.34 acres of shovel-ready, contiguous tracts in the B-3 Central Business District, ranging from 0.41 to 2.88 acres.
DESCRIPTION
For builders, developers, and business owners, these sites offer a rare chance to capitalize on state- and locally-supported revitalization, with enhanced infrastructure poised to drive foot traffic and economic vitality. As the project progresses toward its next milestone—a preliminary right-of-way meeting on December 9, 2025—now is the time to secure your stake in Mayfield's resurgence.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $583,500 | |
| Land Assessment | $583,500 | Total Assessment | $1,167,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$583,500
Improvements Assessment
$583,500
Total Assessment
$1,167,000
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