KW COMMERCIAL | KW LAND Presents Prime 33.68 Acre Commercial Development Opportunity - Cadiz Road

$3,031,200
New Listing
commercial land hopkinsville ky
commercial land hopkinsville ky
commercial land hopkinsville ky

Property Details

ID: 94379
External ID/MLS: --/3049860
Status: New Listing
Price: $3,031,200
Acres: 33.68
Type: Commercial
Address: 0 Cadiz Rd.
City, State: Hopkinsville, Kentucky
County: Christian
Zip Code: 42240
Presented By: James Church

Description

Exceptional 33.68-acre development parcel on Cadiz Road (US-68/KY-80) in Christian County's growing commercial corridor. Level topography with direct highway frontage and established infrastructure creates immediate development-ready opportunity.

 

KEY FEATURES:

• 33.68 acres (1,466,883 SF)

• Parcel ID: 207-00 01 001.00

• Current Zoning: R-2 (Residential)

• Target Zoning: B-2 General Business (5-6 month process)

• Level terrain, minimal site work required

• Flood Zone X - Minimal hazard

• Sewer ~850' from Hopkinsville Bypass

• Direct Cadiz Road frontage, excellent visibility

 

KENTUCKY TAX INCENTIVES AVAILABLE:

• Kentucky Business Investment (KBI) - Income tax credits for job creation

• KEIA Program - Sales tax refunds on construction materials & equipment

• Skills Training Tax Credit (STIC) - Employee training cost credits

• TIF Financing - Property tax increment for infrastructure improvements

 

LOCATION ADVANTAGES:

• Hopkinsville city limits - 31,577 population

• 15 miles to Fort Campbell (52,000+ military personnel)

• 1.5 miles to Christian County High School

• Growing market: 4.8% unemployment, +1.2% job growth

 

DEVELOPMENT POTENTIAL:

• Commercial: Retail, medical offices, restaurants

• Residential: 50-70 lot subdivision

• Industrial: Warehouse, distribution, flex space

• Subdivision flexible for phased development

Directions: Directions: Clarksville TN Turn right to merge onto I-24 West toward Paducah 20 mi Take exit 81 to merge onto I-169 toward Hopkinsville 12 mi Take exit 11 onto KY-1682

Showing Instructions: Please call Listing Agent at 707.592.2777 to coordiate seeing the property.  https://go.realtracs.com/1d8U85o

Additional Details

Home Details

Beds: 1
Full Baths: 1
Half Baths: 1

Additional Info

Fencing: Fenced
Road Type: Other, Unimproved
Road Frontage: County Road, Highway, State Road
Current Use: Agricultural, Development
Possible Use: Commercial, Development, Warehouse

Financial

Listing Terms: 1031 Exchange, All Inclusive Trust Deed, Cash, Contract, Owner May Carry, Seller Equity Share, USDA Loan
Tax ID: 207-00 01 001.00
Taxes (annually): $230
Tax Year: 2024
Legal Description:

Market Strengths for Commercial Development

  • Regional Hub - Christian County seat and commercial center for 73,000+ residents
  • Fort Campbell Proximity - 15 miles from 52,000+ military personnel and families
  • Healthcare Infrastructure - Jennie Stuart Medical Center and regional healthcare facilities
  • Educational System - Strong public school system and Hopkinsville Community College
  • Transportation Access - Major highway corridors (US-68, KY-80) and regional connectivity
  • Economic Stability - Military installation provides recession-resistant employment base

 

Scenario 1: Regional Shopping Center (Full Parcel)

Develop the entire 33.68 acres as an anchored shopping center with national/regional tenants.

Component Details
Anchor Tenant Options Grocery (Kroger, Publix), Big Box (Lowe's, Rural King), Medical
In-Line Retail 10-15 shops (1,200-3,000 sq ft each), total 18,000-45,000 sq ft
Pad Sites 3-5 restaurant/retail outlots (QSR, fast casual, banks)
Total GLA Potential 125,000-175,000 sq ft
Development Timeline 18-24 months (rezoning, site work, vertical construction)

 

Scenario 2: Multi-Tenant Retail Strip

Develop 10-15 acres for neighborhood retail strip with restaurant outlots.

Component Details
Strip Center 30,000-40,000 sq ft on 6-8 acres
Potential Tenants Grocery, pharmacy, fitness, restaurants, services
Outlot Pads 2-3 restaurant/retail pads on 3-5 acres total
Reserve Land 15-20 acres held for future expansion or sale
Development Timeline 12-18 months

 

Scenario 3: Medical Office Campus

Capitalize on healthcare demand with medical office buildings and ancillary services.

Component Details
Medical Office Buildings 2-3 buildings, 15,000-25,000 sq ft each
Potential Tenants Primary care, specialists, imaging, lab, physical therapy
Parking Ratio 5 spaces per 1,000 sq ft (medical standard)
Land Use 12-18 acres developed, balance held for expansion
Market Advantage Proximity to Jennie Stuart Medical Center creates referral network

 

Scenario 4: Mixed-Use Development

Combine retail/restaurant frontage with residential or office components.

Component Details
Retail Frontage 5-8 acres along Cadiz Road with high visibility
Residential Component Multi-family (100-150 units) or townhomes on 10-15 acres
Professional Office 15,000-30,000 sq ft on 3-5 acres
Shared Amenities Walking trails, green space, stormwater features
Development Phasing 3 phases over 24-36 months

 

Interactive360 

Featured Photos

commercial land hopkinsville ky

Private Remarks: Buyer responsible for independent verification of all information including acreage, zoning, utilities, soil conditions, environmental status, and tax incentive qualification. Measurements approximate. All information deemed reliable but not guaranteed. submit offers to james.church@kwcommercial.com

James Church
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