Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1560 Meacham Ln Paducah, KY 42003

    Sponsored
    For Sale
    $239,000

    Residential - Paducah, KY

    Lot size:
    5.50 Acres
    Days on Market:
    18
    Last Refresh:
    Feb 27 at 1:06 pm

    Property Features for 1560 Meacham Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    5.50 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Drew Harrison

    Arnold Realty Group (618) 638-5682

    Listing agent Drew Harrison (270) 558-1338 License #243252

    Listing date Feb 10, 2026

    MLS# 135564 Listing URL

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

    Learn more

    Property Insight Report

    Overview

    Secluded Paducah Land Parcel

    Located in McCracken County, this approximately 5.5-acre tract offers privacy and seclusion while remaining minutes from city limits. The property features a unique stadium effect, surrounded by mature pine trees planted in the early 1950s, with an interior perimeter lined by ornamental pink-budding plum trees that create a picturesque approach and natural enclosure. This parcel provides flexibility for a variety of uses and is notable for its proximity to urban amenities. Convenient access between two municipal thoroughfares allows for easy and efficient ingress and egress. A functional barn is situated on the property and will convey with the sale, further enhancing its utility. It is an ideal opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy Big Box & Wholesale Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Paducah
    County
    McCracken
    State
    Kentucky
    Longitude
    -88.5762856
    Latitude
    37.0395854

    Nearby Similar for Sale

    • New
      $325,000
      4,000 SF

      Paducah Commercial Property with Warehouse

      5.25 acre tract with warehouse near I-24.
      4549 Cairo Rd, Paducah, KY 42001
      View Details
    • $325,000
      4,000 SF

      Paducah Warehouse on 5.25 Acres

      5.25 acre tract with warehouse near I-24.
      4549 Cairo Rd, Paducah, KY 42001
      View Details
    • $699,900
      6,348 SF

      Paducah Commercial Property with Warehouse

      Commercial property with office and warehouse space in Paducah.
      3530 Park Plaza Rd, Paducah, KY 42001
      View Details
    • New
      $650,000

      Unique Mixed-Use Building in Paducah

      19,963 SF mixed-use building suitable for various business ventures.
      420 Broadway St, Paducah, KY 42001
      View Details
    • $249,900
      4,400 SF

      Paducah Commercial Property For Sale

      4,400 SF building on 0.41 acre corner lot.
      1600 Washington St, Paducah, KY 42003
      View Details
    • $425,000

      Renovated Commercial Building with Income

      Renovated commercial building with tenant, event center, and warehouse.
      2614 Bridge St, Paducah, KY 42003
      View Details
    • $759,900
      25,600 SF

      Paducah Commercial Warehouse/Office Property

      25,600 SF commercial property in Paducah, fully leased.
      303 N 13Th St, Paducah, KY 42001
      View Details
    • $169,900
      1,000 SF

      Downtown Paducah Commercial Opportunity

      Prime corner lot in downtown Paducah with flexible options.
      325 Washington St, Paducah, KY 42001
      View Details
    • $330,000
      6,900 SF

      Downtown Paducah Investment Opportunity

      Prime location with rental income and growth potential in Paducah.
      703 Jefferson St, Paducah, KY 42001
      View Details
    • $495,000

      Turnkey Restaurant Opportunity in Paducah

      Iconic restaurant for sale with loyal customer base.
      600-622 N 32Nd St, Paducah, KY 42001
      View Details
    • $215,000
      3,200 SF

      Downtown Paducah Commercial Building

      3,200 SF commercial building in downtown Paducah for sale.
      633 N 6Th St, Paducah, KY 42001
      View Details
    • $269,000
      2,480 SF

      Turnkey Salon or Redevelopment Opportunity

      Well-maintained commercial building, currently a salon, suitable for various businesses.
      801 S 3Rd St, Paducah, KY 42003
      View Details

    FAQs

    What type of property is this?
    Land - 5.5-acre tract near city limits with unique features.
    Where is this land located?
    The property is located at 1560 Meacham Ln Paducah, KY.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: - ±5.5-acre tract offering privacy and seclusion close to city limits.; - Unique "stadium effect" created by mature pine trees.; - Interior perimeter lined with ornamental pink-budding plum trees.
    (270) 519-8111
    Request Owner's contact information
    1560 Meacham Ln Paducah, KY 42003
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1560 Meacham Ln
    Paducah, KY 42003
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1560 Meacham Ln Paducah, KY 42003
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Drew Harrison
    Real Estate License ID: 243252
    (270) 519-8111 (270) 558-1338
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!