512 S 12th St
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512 S 12th St
12,060 SF Retail Building Murray, KY 42071 $499,000 ($41/SF)
Investment Highlights
- Property located in prime high traffic location with 136' of road frontage.
Executive Summary
Excellent investment opportunity to own commercial property in a prime location on Murray's south side. Located in a high traffic area of the city and surrounded by numerous other commercial businesses including retail, lodging & restaurants. In addition to current tenant occupied space the property also includes a 2-bay garage on the south side of the structure currently used for storage. New roof installed in 2021. Three-phase electric power available.
Data Room Click Here to Access
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| 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 SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,060 SF
Building Class
C
Year Built/Renovated
1950/2021
Price
$499,000
Price Per SF
$41
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Land Acres
0.63 AC
Zoning
B-2
Frontage
136 FT on S 12th Street
Amenities
- Storage Space
PROPERTY TAXES
| Parcel Number | 005-0-0019-00003 | Improvements Assessment | $0 (2023) |
| Land Assessment | $0 (2023) | Total Assessment | $500,000 (2023) |
PROPERTY TAXES
Parcel Number
005-0-0019-00003
Land Assessment
$0 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$500,000 (2023)
-
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Atlas Real Estate & Auction Services
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512 S 12th St
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