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    3100 Clay St Paducah, KY 42001

    Sponsored
    For Sale
    $395,000

    Huge space, renovation needed, investment opportunity.

    Property size:
    29,781 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional commercial property, located at 3100 Clay Street in Paducah, Kentucky, presents a compelling investment opportunity. The expansive building encompasses 29,781 square feet and sits on a sizable 1.13-acre lot, providing ample room for redevelopment. Previously utilized as a nursing home, the property is currently in need of substantial renovation. However, this presents a unique chance for buyers to customize the space to suit their specific commercial needs. The sheer size of the building allows for a wide range of potential uses, making it an attractive prospect for various businesses or investors seeking a large-scale project. The property's location in Paducah, Kentucky offers access to a thriving local market and established infrastructure. The asking price of $395,000 reflects the significant renovation required, but also presents a potentially lucrative return on investment for the right buyer with a vision for its future. Serious inquiries are encouraged to explore the possibilities this substantial property offers. Detailed property information and plans are available upon request. This is a rare opportunity to acquire a large commercial building in a desirable location at a competitive price.

    Property Features for 3100 Clay St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    29,781 SF
    Lot Size
    49,223 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Paducah
    County
    McCracken
    State
    Kentucky
    Longitude
    -88.64054
    Latitude
    37.07549

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    FAQs

    What type of property is this?
    Commercial real estate - Huge space, renovation needed, investment opportunity.
    Where is this commercial real estate located?
    The property is located at 3100 Clay St Paducah, KY.
    What is the asking price?
    The asking price for this property is $395,000.
    (606) 344-6560
    Request Owner's contact information
    3100 Clay St Paducah, KY 42001
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    Paducah, KY 42001
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    Realmo Value Estimation

    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.

    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.

    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
    3100 Clay St Paducah, KY 42001
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