
Commercial Land for Sale in Murray, Kentucky
1230 N Highway 121, Murray, KY 42071
Don't miss the opportunity to own approximately 3 unrestricted acres located just outside the Murray city limits with excellent road frontage on one of the highest-traffic roads in the area. This highly visible property offers outstanding potential for retail, office, mixed-use, or redevelopment projects with no zoning restrictions in place. The site currently includes one operating business and four additional commercial units available for renovation and continued use, buildings totaling 12,000sqft, providing immediate or future income potential. Developers may also choose to clear and start fresh with a new custom development on the acreage offered. The property also features two double-sided billboards, creating additional income and exposure. With strong traffic, income-producing assets, and unmatched flexibility, this property presents a rare investment and development opportunity in one of Murray's sought-after corridors, ideal for both local and regional investors.
Location
- Street address
- 1230 N Highway 121
- County
- Calloway County
- Zip code
- 42071
- Community
- Calloway
- Elevation
- 549 feet
Directions
From MSU football stadium, take HWY-121 N. approx. 1.2 miles. Property will be on right.
Property details
- Acreage
- 3 acres
- MLS #
- WKYRMLS 135166
- Posted
Details and features
Listing
- Type
- Commercial Sale
Lot
- Features
- County, Highway Frontage
Structure
- Stories
- 1
- Water
- Public
- Heating
- Natural Gas
- Cooling
- Central Air
- Materials
- Concrete Block, Frame
- Roof
- Composition, Metal
Interior
- Flooring
- Concrete, Laminate
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Natural Gas | Available |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 20, 2026 | Price drop | $750,000 | $6,750,000 -90% | WKYRMLS |
| May 20, 2026 | Price increase | $7,500,000 | $6,700,000 837.5% | WKYRMLS |
| Jan 8, 2026 | New listing | $800,000 | — | WKYRMLS |



















