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Office Studio Park with Television Studio

100 Television Lane Paducah, KY 42003

100 Television Lane, Paducah, KY, 42003
$2,650,000
For Sale
$2,650,000

COMMERCIAL - Paducah, KY

Property Size23,431 SF
Lot Size6.92 Acres
Price / SF$113.10
Days on Market15

Property Features for 100 Television Lane

General Information

Property type
Commercial Sale
Property subtype
Office
Standard status
Active
APN
096-42-00-004
Size
23,431 SF
Lot size
6.92 Acres

Utilities

Utilities
Cable Available
Sewer type
Public Sewer

Building Details

Year built
1956
Listing Agency Better Homes and Gardens Fern Leaf Group
2018 Broadway Street, Paducah, KY
Listed by Jeffrey Pierce · License #261477
Added: Jul 3 Checked: Jul 17 at 8:06 pm
MLS# 26016094

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

StudioWorks Office Park at 100 Television Lane is a for-sale office studio park featuring a professional television studio, flexible floor plans, and multiple support spaces. The property includes three suites that are currently leased, and it also has an on-site transmission tower that provides additional income. An on-site carpentry shop includes a loading dock, offering practical space for storage, fabrication, or light industrial use, alongside ample parking.

Located in Paducah, Kentucky (McCracken County) on a 6.92-acre site, the property totals 23,431 square feet. The studio-oriented configuration and existing operational features may be well suited to organizations looking for a functional, established media and office environment with immediate revenue from current leases.

Key Highlights

  • StudioWorks Office Park built in 1956 at 100 Television Lane, formerly home to the NBC affiliate television station
  • Three leased suites currently generating revenue
  • On‑site transmission tower provides additional income

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $351.5k $15.00
− Vacancy −$52.7k −$2.25
EGI $298.7k $12.75
− OpEx −$74.7k −$3.19
NOI $224.1k $9.56
23,431 SF · lease $15.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Industrial
$4.00M
$3.50M – $4.66M (±1% cap)
NOI $279,879 @ 7.0% cap · market cap 10.56%
Second Best
Flex RnD
$3.77M
$3.30M – $4.40M (±1% cap)
NOI $263,930 @ 7.0% cap · market cap 9.96%
Theoretical Best
Warehouse
$4.88M
$4.27M – $5.70M (±1% cap)
NOI $341,741 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

WPSD Local 6 Television Studio PMG Digital Marketing & Advertising WPSD TV Television Studio

Suggested Use

Real Estate Agency HVAC Service Law Firm Electrical Service Spa & Massage Center Kitchen & Bath Showroom Auto Parts Store Skin Care Clinic Bakery Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Leased office suites in an office park that includes a television studio, a carpentry shop with a loading dock, and a transmission tower.
Where is this office units located?
The property is located at 100 Television Lane Paducah, KY.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: StudioWorks Office Park built in 1956 at 100 Television Lane, formerly home to the NBC affiliate television station; Three leased suites currently generating revenue; On‑site transmission tower provides additional income
Contact an agent
More about this property
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