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Office Building with Two Suites
For Sale
$3,200,000

2181 New Holt Road, Paducah, KY 42001

Commercial Sale, Paducah, KY

Property Size11,000 SF
Lot Size1.46 Acres
Price / SF$279.11
Days on Market137

Property Features for 2181 New Holt Road

General Information

Property type Commercial Sale
Property subtype Office
Property condition Under Construction
Zoning description Commercial
Parking 50
Subdivision Commercial
Directions From Kentucky Oaks Mall, travel west on Hwy 60 to a left onto New Holt Rd. Property is located just past Stifel on the right.
Standard status Active
APN 077-30-02-016.51
Size 11,465 SF
Lot size 1.46 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air

Building Details

Year built 2026
Floors in Building 1
Building materials Block, Brick, Concrete
Roof type Flat
Listing Agency: Arnold Realty Group
Listed By: Dawn Arnold · License #218391
Added: May 26 Changed: Oct 2 Last Checked: Oct 9 at 12:06PM
MLS# 26014089

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.

Under construction, this professional office building will provide approximately 11,465 square feet on 1.46 acres. The interior is configured as two finished office suites measuring approximately 6,765 square feet and 4,700 square feet, creating a multi-suite layout for office occupancy and leasing. Construction materials include block, brick, and concrete, with a flat roof, natural gas heating, central air, and public sewer service.

The property is located at 2181 New Holt Road in Paducah, near the commercial corridor between I-24 Exit 4 and Exit 7. The site is positioned among established businesses, retailers, medical users, and professional offices, with multiple access points described in the property information. Commercial zoning applies in McCracken County, and the building carries a 2026 year built designation.

Key Highlights

  • Approximately 11,465 SF office building on 1.46 acres
  • Two suites of approximately 6,765 SF and 4,700 SF
  • Under‑construction 2026 building with block, brick, and concrete materials

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$109,634
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,192,680 $2.2M
Cap Rate 7%
$1,566,200 $1.6M
Cap Rate 9%
$1,218,156 $1.2M
Market Conditions
NOI Build-Up for 11,465 SF
Gross rent
$172.0K $15.00/SF
− Vacancy
−$25.8K −$2.25/SF
EGI
$146.2K $12.75/SF
− OpEx
−$36.5K −$3.19/SF
NOI
$109.6K $9.56/SF
Area
McCracken County, KY
Vacancy
15.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,192,680
Cap Rate 7%
$1,566,200
Cap Rate 9%
$1,218,156

Alternative Uses

Best Use
Office B
$1.57M
$1.37M – $1.83M (±1% cap)
NOI $109,634 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.39M
$2.09M – $2.79M (±1% cap)
NOI $167,217 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Parking Lot & Garage Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby

Demographics for 42001, KY

31,579
Population
14,815
Households
2.1
Avg Household Size
41
Median Age
36%
College-Educated
94%
High-School Grad
74.2 sq mi
ZIP Area
426
Density / Sq Mi
$68,868
Median Household Income
$42,334
Median Earnings
$916
Median Rent
$210,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - New construction office property with two finished suites, commercial zoning, and access near I-24.
Where is this office building located?
The property is located at 2181 New Holt Road 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: Approximately 11,465 SF office building on 1.46 acres; Two suites of approximately 6,765 SF and 4,700 SF; Under‑construction 2026 building with block, brick, and concrete materials
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