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$543,000
3069798 MLS ACTIVE Status 46 Acres 42240 Zip Code
5 MILES FROM HOPKINSVILLE ON US 41 N - Mostly tillable Productive farm land!!!!!!!! Opportunity meets wide-open space on this stunning ±46.02-acre tract along Hwy 41N (Madisonville Road), perfectly positioned between Hopkinsville and Crofton, KY. Mostly cleared and bordered by mature trees, this beautiful property offers both privacy and picturesque views. With excellent road frontage and county water available, it’s ready for your vision—whether that’s a charming hobby farm (with potential for certified organic use), a private country estate, or future development possibilities (potential for up to a 50-home subdivision). Enjoy peaceful rural living just minutes from Hopkinsville and Fort Campbell, combining convenience with countryside charm. Properties with this kind of flexibility and location are rare—don’t miss your chance to turn this incredible tract into something special! Please note: This property is being offered For Sale Only—no lease options available. Additionally, Dollar General store restrictions apply, preserving opportunity for alternative retail or commercial uses.

Madisonville Rd, Hopkinsville

$3,031,200
3049860 MLS ACTIVE Status 33.68 Acres 42240 Zip Code
DEVELOPMENT OPPORTUNITY | 33.68 ACRES | CADIZ ROAD CORRIDOR | HOPKINSVILLE, KY 33.68-acre shovel-ready development site at US-68 (Cadiz Road) and KY-91 (Princeton Road) in Hopkinsville, Kentucky — positioned for residential, multifamily, or mixed-use development backed by $19.8M in active state infrastructure investment and a proven Kentucky incentive stack. INCENTIVE-BACKED DEVELOPMENT SITE Kentucky's development financing tools are already proven in this county. Christian County carries $369M+ in active Industrial Revenue Bonds. KY SB 25 (2025) expanded IRB eligibility to multifamily projects of 48+ units — generating 150-200 basis point interest rate reductions through tax-exempt bond financing. KHC HOME ($500K), AHTF ($400K), LIHTC 4%/9% tax credit equity, and predevelopment loan programs are all accessible for qualifying residential and workforce housing projects on this site. $19.8M STATE INFRASTRUCTURE INVESTMENT KYTC Item 2-899 — $19.8M committed to US-68 corridor improvements directly serving this parcel. Construction awarded January 2025 and underway. Scope: design ($800K), ROW ($2.19M), utility relocation ($4.05M), and construction ($12.79M). Development concurrent with state construction enables vertical delivery immediately following infrastructure completion. PRICING ANCHOR Dollar General purchased 2.265 acres from this same parcel at $117,000/acre (July 2023), establishing commercial corridor pricing. Listed at $90,000/acre — a 23% discount to the last closed sale from the identical tract. PROPERTY SPECS 33.68 acres | 1,466,883 SF | Parcel 207-00 01 001.00 | Hopkinsville taxing district | Zone X flood designation | Level, development-ready terrain | City utilities available P3 proposal currently on the Mayor's desk. Contact listing broker for incentive stack documentation and development feasibility analysis.

Cadiz Rd, Hopkinsville

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