7 months on rocket

1102 Octane Dr, Murray, KY, 42071

$895,000

2.86 Acres
Land

Location

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Property Highlights

Home TypeBusiness
WaterfrontOther
ViewOther
MLS #126401
Lot Size2.86 Acres
StatusActive

About 1102 Octane Dr

Prime Commercial Lot with good visibility from both 4th street and US Highway 641. This property boasts high traffic counts and great access from both roads. Zoned b-2 Highway business. Deed restrictions include: No fuel sales, No quick serve restaurants, and no package beverage sales.

Property Details

Property Features

Listing Office:

  • Office Name: SBG Real Property Professionals
  • Listing Agent: Jesse Rains

Exterior Features

Exterior Information:

  • Waterfront: Other
  • View: Other

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 2.86 Acres

Other

Directions Information:

  • Directions: Starting at the corner of 4th St and Main St, travel North on N 4th St for 2.4 miles. Turn Left onto Octane Dr. The lot is located on the corner of Octane Dr and 4th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $895,000

Tax Information:

  • Annual Amount: $12,404
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$217.7K

Med. Price/SqFt

$131

Avg. Days On Market

36

# of Sold Homes

31

1102 Octane Dr vs Murray

219 DAYS ON ROCKET

+183 Days

$895,000

+$677.2K More

KEY TAKEAWAY

This property is $677.2K more than the Median Sold Price in Murray, KY.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #126401

Listing Office:

  • Office Name: SBG Real Property Professionals
  • Listing Agent: Jesse Rains

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: 11/21/2024, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 20, 2006Home Sold
$800,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,404$1,500,000
2018$12,198$1,500,000
2017$9,776$800,000

History based on county public records data.

Payment Calculator

$4,534

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,750

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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.

Nearby Schools

school-card-donut-450542
7
/10
  • North Calloway Elementary School

  • 2928 Brinn Rd

  • 1.31 miles

  • Public District Grades KG-5

school-card-donut-450543
10
/10
  • Murray Elementary School

  • 111 S Broach St

  • 2.30 miles

  • Public District Grades PK-3

school-card-donut-450544
7
/10
  • East Calloway Elementary School

  • 1169 Pottertown Rd

  • 3.85 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,058. Residents of Murray, KY typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Murray, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Murray, KY?

The housing landscape in Murray, Calloway, Kentucky, is characterized by a mix of single-family homes and apartment complexes, with single-family homes being the more prevalent option. Architectural styles in the area range from traditional to contemporary, reflecting the town's blend of historic charm and modern growth. The majority of homes were built in the latter half of the 20th century, with a steady increase in new construction to accommodate the growing population. The homeownership rate in Murray is robust, with a significant portion of residents owning their homes, while the remainder of the population opts for renting, indicating a balanced housing market.

Is Murray, KY a good place to live?

Murray is celebrated for its small-town atmosphere and strong sense of community. The town prides itself on its annual events, such as the Freedom Fest and the Murray Ice Cream Festival, which showcase the local culture and bring residents together. The community's character is further defined by its commitment to education, with the presence of Murray State University contributing to a vibrant, collegiate environment that permeates the town.

Are things conveniently located in Murray, KY?

Residents of Murray have access to a range of essential services. The educational landscape includes several public schools at the elementary, middle, and high school levels, as well as private educational options. The town is served by a regional hospital that provides comprehensive healthcare services, including emergency care and specialized treatments. Public libraries in Murray support the community's educational and cultural needs, and the town features a variety of retail and dining options that reflect the local culture. City initiatives are in place to continually improve these services, adapting to the needs of a growing and diverse population.

What does the transportation in Murray, KY look like?

Transportation in Murray includes a combination of private vehicle use and public transit options, with the latter serving the community at scheduled intervals. The town's layout and infrastructure support a moderate level of walkability, particularly in the downtown area and around the university campus. Bikeability varies across different parts of the town, with some areas offering dedicated bike lanes. The road network provides easy access to major highways, facilitating travel and commuting to surrounding areas. While ride-sharing services are available, they complement the existing transportation options without dominating the local transit scene.

Frequently Asked Questions About 1102 Octane Dr

What is the listing price of this property?

The listing price of 1102 Octane Dr property is $895,000.

What type of property is this?

The property 1102 Octane Dr is land located in Murray, Kentucky, 42071.

Is this property for sale now?

Active Listing: 1102 Octane Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12,404 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 20, 2006 for $800,000. (source: MLS/tax record).

How much acreage is this property?

The property 1102 Octane Dr is 2.86 acres.
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Rocket HomesKentuckyCalloway CountyMurray420711102 Octane Dr

This home is located at 1102 Octane Dr in Murray, KY and zip code 42071. This home sits on a 2.86 acre lot. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $895,000.

Over 4 listings were sold over their listed price in October 2024 in Murray, KY. In the same period over 21 listings were sold below the listed price and 5 listings were sold for the listed price. In October 2024 in Murray, KY there were 2.5% less homes for sale than in September 2024. In October 2024 median list price was $217,750 and the average listing age was 36 days.

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

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