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1210 Nebo Rd

6.93 Acres of Commercial Land Offered at $703,890 CAD in 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 (CAD) Annual Per AC (CAD)
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 (CAD)
Annual $99,999
Annual Per AC $9.99
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $99,999
Annual Per AC $9.99
Net Operating Income (CAD)
Annual -
Annual Per AC -

Property Facts

Price $703,890 CAD
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 $703,890 CAD
Price Per AC $101,571 CAD
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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M-10-1-4A-B01
Land Assessment
$0 CAD (2021)
Improvements Assessment
$0 CAD (2021)
Total Assessment
$42,755 CAD (2021)

zoning

Zoning Code Commercial (Zoned Light Manufacturing)
Commercial (Zoned Light Manufacturing)
  • Listing ID: 29519732

  • Date on Market: 2023-09-14

  • Last Updated:

  • Address: 1210 Nebo Rd, Madisonville, KY 42431

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