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

2181 New Holt Road, Paducah, KY 42001

COMMERCIAL - Paducah, KY

Property Size11,465 SF
Lot Size1.46 Acres
Price / SF$279.11
Days on Market72

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: Aug 4 Last Checked: Aug 5 at 9:06AM
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.

This newly constructed professional office building offers two fully finished office suites designed for separate occupancy. The suites total approximately 6,765 +/- SF and 4,700 +/- SF, providing flexibility for an owner-user to occupy one suite while generating supplemental income from the other.

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
11,465 SF · lease $15.00/SF/yr · vacancy 15.00% · expense 25.00%

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

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Kitchen & Bath Showroom Building Supply Storage Facility

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

Location Intelligence

Trade Area within ½ mile

855
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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Newly constructed office building with two fully finished suites, suited for an owner-user or income-focused strategy.
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: 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
More about this property
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