$399,000

1201 Chestnut St Murray, KY 42071

Estimated payment $2,335/month

Total Views 14,762
0.22 Acre
$1,813,636 Price per Acre
9,583 Sq Ft Lot

Highlights

  • Corner Lot
  • Commercial or Retail Space
  • High Speed Internet
  • Murray Elementary School Rated A

About This Lot

One of Murray’s most prime Commercial Corners sitting on the corner of 12th street and Chestnut! This lot boasts some of the highest traffic count in the Area! The lot will hold a building up to around 2,000 SqFt with approval from the City of Murray. It is zoned B-2 Highway Business. Deeded restrictions include: No fuel sales, No quick serve restaurant, and no package beverage sales.

Listing Agent

Jesse Rains

SBG Real Property Professionals License #286518 Listed on: 04/16/2024

Co-Listing Agent

Matt Jennings

SBG Real Property Professionals License #215238

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,933

Lot Details

  • 9,583 Sq Ft Lot
  • Property fronts a highway
  • Corner Lot
  • Level Lot

Home Design

  • Commercial or Retail Space

Utilities

  • High Speed Internet

Community Details

  • The community has rules related to deed restrictions

Property Details

Property Type

Land

Est. Annual Taxes

$1,933

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: Commercial
  • Access: Blacktop, Paved Road
  • Deed Book Page: Deed Book 338, Page 456
  • Land Use Topography: Level
  • Restrictions: Deed
  • Restricted: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 1813636.36

Utilities

  • Electric Company: Murray Electric
  • Gas Company: Murray Natl Gas
  • Sewer: Public/Municipality
  • Utilities Available: Natural Gas Available, Street Lights, DSL/High Speed Internet
  • Water: Public/Municipality
  • Water Company: Murray Municipal

Schools

  • Elementary School: Calloway/Murray-VERIFY
  • Middle School: Calloway/Murray-VERIFY
  • High School: Calloway/Murray-VERIFY

Lot Info

  • Estimated Number of Acres: 0.22
  • Location: Corner Lot, Highway Frontage, In City Limits
  • Acreage: A - Under 1 acre

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,933 $550,000 $0 $0
2023 $1,982 $550,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $399,000 0.0% --
04/17/2025 04/17/25 Off Market $399,000 -- --
04/16/2024 04/16/24 For Sale $399,000 -- --
Source: Western Kentucky Regional MLS

Source: Western Kentucky Regional MLS

MLS Number: 126400

Western Kentucky Regional MLS

APN: 003-0-0013-00009-IMP