1 year on rocket

406 N 12th, Murray, KY, 42071

$1,295,000

0.98 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeBusiness
WaterfrontOther
ViewOther
MLS #119711
Lot Size0.98 Acres
StatusActive

About 406 N 12th

Outstanding Commercial Development Opportunity on 12th Street in Murray! Centrally located in Murray, on 12th Street (US 641), this parcel was a restaurant location for many years and is in close proximity to the Murray City Parks, established residential areas, many of the retail stores and restaurants, and Murray State University. Almost an acre in size, with approximately 126 ft of road frontage and approximately 337 ft of depth, this parcel is well suited for a variety of uses as a retail development location. Zoned B-2 Highway Business.

Property Details

Property Features

Listing Office:

  • Office Name: Stedelin Real Estate, LLC
  • Listing Agent: Brian Stedelin

Exterior Features

Exterior Information:

  • Waterfront: Other
  • View: Other

Lot Features

Lot Information:

  • Lot: Highway Frontage, City Lot, Level
  • Lot Size: 0.98 Acres

School Info

Assigned Schools Information:

  • Murray High School, Public District Grades 9-12
  • Murray Middle School, Public District Grades 4-8

Other

Directions Information:

  • Directions: From 12th and Main - North on 12th to property on right just before the intersection of 12th and Chestnut.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,295,000
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Housing Market Comparison

See how this home compares to others in Murray, KY.

Med. Sold Price

$262.5K

Med. Price/SqFt

$117

# of Sold Homes

21

406 N 12th vs Murray

551 DAYS ON ROCKET

$1,295,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Murray, KY.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #119711

Listing Office:

  • Office Name: Stedelin Real Estate, LLC
  • Listing Agent: Brian Stedelin

IDX Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS (WKMLS) and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections,investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2024 Western Kentucky Regional MLS, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 8:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$6,531

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,949

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-3926766
7
/10
  • Murray Middle School

  • 801 Main St

  • 0.46 miles

  • Public District Grades 4-8

High School

school-card-donut-3926767
10
/10
  • Murray High School

  • 501 Doran Rd

  • 1.41 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,652. Most Murray, KY residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 406 N 12th

What is the listing price of this property?

The listing price of 406 N 12th property is $1,295,000.

What type of property is this?

The property 406 N 12th is land located in Murray, Kentucky, 42071.

Is this property for sale now?

Active Listing: 406 N 12th is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 406 N 12th are:
Murray Middle School: GreatSchools Rating 7/10
Murray High School: GreatSchools Rating 10/10

How much acreage is this property?

The property 406 N 12th is 0.98 acres.
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Rocket HomesKentuckyCalloway CountyMurray42071406 N 12th

This home is located at 406 N 12th in Murray, KY and zip code 42071. This home sits on a 0.98 acre lot. It has been listed on Rocket Homes since October 27, 2022 and is currently priced at $1,295,000.

In March 2024 more than 2 listings in Murray, KY were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 16 were sold below. The number of listings in Murray, KY increased by 11.7% between February 2024 and March 2024.

From Rocket Homes Real Estate and based on county public records data.

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