0 Cadiz Rd, Hopkinsville, KY

$3,031,200

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  • 33.68

    Acres

Description of 0 Cadiz Rd, Hopkinsville - MLS# 3049860

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.

Features of 0 Cadiz Rd of 0 Cadiz Rd

MLS® # 3049860
Price $3,031,200
Bathrooms 0.00
Acres 33.68
Type Land
Status Active
New Construction No

Community Information : Hopkinsville

Address 0 Cadiz Rd
Subdivision Subdiv/Develop
City Hopkinsville
County Christian County, KY
State KY
Zip Code 42240

Amenities of 0 Cadiz Rd

Utilities Water Available
Is Waterfront No
Has Pool No

Interior of 0 Cadiz Rd

Fireplace No

Exterior of 0 Cadiz Rd

Lot Description Cleared, Corner Lot, Level, Private

School Information of 0 Cadiz Rd

Elementary Freedom Elementary
Middle Christian County Middle School
High Christian County High School

Additional Information On 0 Cadiz Rd

Date Listed November 28th, 2025
Days on Market 314
Zoning AG
Foreclosure No
Short Sale No

Listing Details of 0 Cadiz Rd

OfficeKeller Williams Realty Clarksville

Listings courtesy of REALTRACS as distributed by MLS GRID

Listing Map of 0 Cadiz Rd

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0 Cadiz Rd Hopkinsville KY 42240 - MLS# 3049860

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