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1210 Nebo Rd

6.93 Acres of Commercial Land Offered at $495,000 in Madisonville, KY 42431

Commercial Land Kentucky Madisonville 1210 Nebo Rd, 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
Price $495,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 6.93 AC

1 Lot Available

Lot

Price $495,000 Lot Size 6.93 AC
Price Per AC $71,429
Price $495,000
Price Per AC $71,429
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.

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1210 Nebo Rd, Madisonville, KY - aerial map view

PROPERTY TAXES

Parcel Number M-10-1-4A-B01 Improvements Assessment $0 (2021)
Land Assessment $0 (2021) Total Assessment $30,400 (2021)

PROPERTY TAXES

Parcel Number
M-10-1-4A-B01
Land Assessment
$0 (2021)
Improvements Assessment
$0 (2021)
Total Assessment
$30,400 (2021)

zoning

Zoning Code Commercial (Zoned Light Manufacturing)
Commercial (Zoned Light Manufacturing)
(270) 836-1119

Contact

  • Melvin Hicklin
    Melvin Hicklin
  • Hicklin Real Estate

  • Listing ID: 29519732

  • Date on Market: 9/14/2023

  • Last Updated:

  • Address: 1210 Nebo Rd, Madisonville, KY 42431

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1210 Nebo Rd, Madisonville, KY for sale Aerial- Image 1 of 8
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1210 Nebo Rd, Madisonville, KY for sale Building Photo- Image 4 of 8
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1210 Nebo Rd, Madisonville, KY for sale Building Photo- Image 7 of 8
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1210 Nebo Rd
(270) 836-1119 x

1210 Nebo Rd

Melvin Hicklin

(270) 836-1119

(270) 836-1119

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