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    2550 Lone Oak Rd Paducah, KY 42003

    Sponsored
    For Sale
    $2,200,000

    Established 33-Room Hotel Near I-24

    Property size:
    5,604 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional income-producing property, located at 2550 Lone Oak Road in Paducah, Kentucky, presents a lucrative investment opportunity. The well-maintained hotel boasts 33 rooms, strategically positioned just one mile from Interstate 24, ensuring high visibility and convenient access. The property encompasses a substantial 5,604 square feet and includes a comfortable three-bedroom, two-bathroom manager's apartment, ideal for on-site management or additional rental income. The hotel's diverse room offerings cater to a range of guests, featuring 19 kitchenettes (each approximately 800 square feet), 11 studio suites (450 square feet each), and 3 smaller rooms (approximately 350 square feet each). Significant recent improvements enhance the property's value and appeal. Twelve rooms have undergone complete renovations, including new flooring, air conditioning systems, and fresh paint. A new stairwell in the rear building improves accessibility and safety. Furthermore, a modern, updated lock system has been installed throughout the property, ensuring enhanced security for guests and management. Priced at $2,200,000, this turnkey operation offers immediate income potential and significant upside for a savvy investor. The property sits on a 0-acre lot. This is a rare opportunity to acquire a well-established, income-generating hotel in a prime location.

    Property Features for 2550 Lone Oak Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,604 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Travelers Inn & Suites Extended Stay Hotel Denton Motel & Suites Hotel

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -88.65814
    Latitude
    37.0421

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    FAQs

    What type of property is this?
    Commercial real estate - Established 33-Room Hotel Near I-24
    Where is this commercial real estate located?
    The property is located at 2550 Lone Oak Rd Paducah, KY.
    What is the asking price?
    The asking price for this property is $2,200,000.
    (270) 444-6008
    Request Owner's contact information
    2550 Lone Oak Rd Paducah, KY 42003
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    Paducah, KY 42003
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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
    2550 Lone Oak Rd Paducah, KY 42003
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