2181 New Holt Road, Paducah, KY 42001
COMMERCIAL - Paducah, KY
Property Features for 2181 New Holt Road
General Information
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property is located at 2181 New Holt Road in Paducah, KY, just off New Holt Rd, with convenient access between I-24 Exit 4 and Exit 7. The building sits on 1.46 acres and is offered as fully finished, with ingress and egress intended to support straightforward site access for tenants and visitors.
For tenants and users, the two-suite configuration can support a range of professional office needs, including office, medical, and other professional services. For investors, the asset’s current build-out and ability to accommodate separate suites are central considerations. Additional development land is also listed for sale with multiple points of access, offering an opportunity to expand beyond the existing office footprint based on the buyer’s plans.
Key Highlights
- Under construction office building by 2026, with Construction Materials of block, brick, and concrete
- +/-11,000 SF office building on 1.46 acres with two fully finished suites totaling approximately 6,765 +/-SF and 4,700 +/-SF
- Central air and natural gas heating; flat roof; public sewer
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 | $172.0k | $15.00 |
| − Vacancy | −$25.8k | −$2.25 |
| EGI | $146.2k | $12.75 |
| − OpEx | −$36.5k | −$3.19 |
| NOI | $109.6k | $9.56 |
Alternative Uses
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Location Intelligence
Trade Area within ½ mile
Demographics for 42001, KY
Market
Vacancy Rate% for Office in South region