Brand-New Office Building with Two
2181 New Holt Rd. Paducah, KY 42001
2181 New Holt Rd., Paducah, KY, 42001
$3,200,000
For Sale
$3,200,000
SINGLE_FAMILY - Paducah, KY
Property Size11,000 SF
Lot Size1.46 Acres
Price / SF$290.91
Days on Market49
Property Features for 2181 New Holt Rd.
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- Lot size
- 1.46 Acres
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Building materials
- Frame
- Architectural style
- Other
Listing agency
Arnold Realty Group
(270) 558-1338
Listed by
Jaime Abell · License #261465
(618) 638-5682
Added: Jun 4 Updated: Jul 1 at 8:06AM Checked: Jul 22 at 9:06AM
MLS# 137199
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.
Investment Insights
Based on property information with market context.
This brand-new professional office building is set up with two fully finished office suites. The total building size is approximately 11,000 square feet on 1.46 acres, with Suite A totaling approximately 6,765 square feet and Suite B totaling approximately 4,700 square feet. The property is being offered for sale as fully finished.
The building is located just off New Holt Rd in one of Paducah’s fastest-growing commercial corridors. Access is described as convenient between I-24 Exit 4 and Exit 7, supporting straightforward ingress and egress in a developing area.
With two separate suites, the configuration can support an owner-user who occupies one space while leasing the other. The offering is positioned for investors and professional users, including medical and corporate office users, in a market that includes established businesses, retailers, and other professional tenants. Additional development land is also for sale with multiple points of access.
The building is located just off New Holt Rd in one of Paducah’s fastest-growing commercial corridors. Access is described as convenient between I-24 Exit 4 and Exit 7, supporting straightforward ingress and egress in a developing area.
With two separate suites, the configuration can support an owner-user who occupies one space while leasing the other. The offering is positioned for investors and professional users, including medical and corporate office users, in a market that includes established businesses, retailers, and other professional tenants. Additional development land is also for sale with multiple points of access.
Key Highlights
- ±11,000 SF professional office building on 1.46 acres in McCracken County, zoned commercial
- Two fully finished office suites totaling ±6,765 SF and ±4,700 SF
- Construction: frame building with forced air heating and central air
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 | $165.0k | $15.00 |
| − Vacancy | −$24.8k | −$2.25 |
| EGI | $140.3k | $12.75 |
| − OpEx | −$35.1k | −$3.19 |
| NOI | $105.2k | $9.56 |
11,000 SF · lease $15.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.50M
$1.31M – $1.75M
NOI $105,188 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.29M
$2.01M – $2.67M
NOI $160,435 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Newly built office property with two fully finished suites, offering an owner-user layout plus income potential.
Where is this office building located?
The property is located at 2181 New Holt Rd. Paducah, KY.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: ±11,000 SF professional office building on 1.46 acres in McCracken County, zoned commercial; Two fully finished office suites totaling ±6,765 SF and ±4,700 SF; Construction: frame building with forced air heating and central air
