Office Building with Private
For Sale
$225,000
224 Berger Road, Paducah, KY 42003
Commercial Sale, Paducah, KY
Property Size2,035 SF
Lot Size0.38 Acres
Price / SF$110.57
Days on Market57
Property Features for 224 Berger Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
R-4
Directions
I-24 E Exit 7, left onto Alben Barkley, right onto Lone Oak Rd, left onto Berger Rd, and turn right into the parking lot and continue to the back to find the building.
Subdivision
119 - McCracken County
Standard status
Active
APN
096-34-17-004
Size
2,035 SF
Lot size
0.38 Acres
Building Details
Year built
1984
Floors in Building
1
Listing Agency:
HRE Advisors
Listed By:
Dustin Hawkins · License #215644
(270) 705-5355
Added: Aug 11
Changed: Oct 2
Last Checked: Oct 6 at 4:06AM
MLS# 26021685
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 2,035-square-foot office building at 224 Berger Road includes a lobby and reception area along with multiple private offices. Constructed in 1984, the building occupies a 0.38-acre parcel and carries R-4 zoning. The existing configuration provides defined interior work areas for office operations and is also identified for potential professional-service or medical/dental use.
The property sits just off Lone Oak Road in Paducah, with access to the interstate, local schools, and everyday amenities. Its address is 224 Berger Road, Paducah, KY 42003.
The property sits just off Lone Oak Road in Paducah, with access to the interstate, local schools, and everyday amenities. Its address is 224 Berger Road, Paducah, KY 42003.
Key Highlights
- 2,035‑square‑foot office building on a 0.38‑acre parcel
- Lobby and reception area with multiple private offices
- R‑4 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,460
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,200
$389.2K
Cap Rate 7%
$278,000
$278.0K
Cap Rate 9%
$216,222
$216.2K
Market Conditions
NOI Build-Up for 2,035 SF
Gross rent
$30.5K $15.00/SF
− Vacancy
−$4.6K −$2.25/SF
EGI
$25.9K $12.75/SF
− OpEx
−$6.5K −$3.19/SF
NOI
$19.5K $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%
$389,200
Cap Rate 7%
$278,000
Cap Rate 9%
$216,222
Alternative Uses
Best Use
Office B
$278.0K
$243.3K – $324.3K
NOI $19,460 @ 7.0% cap · market cap 8.65%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$424.0K
$371.0K – $494.7K
NOI $29,680 @ 7.0% cap · market cap 13.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
Explore this area
Business Placement
Demographics for 42003, KY
28,592
Population
14,132
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
92%
High-School Grad
69.0 sq mi
ZIP Area
414
Density / Sq Mi
$54,052
Median Household Income
$33,566
Median Earnings
$696
Median Rent
$160,700
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Lobby, reception space, and multiple private offices support a practical professional layout.
Where is this office building located?
The property is located at 224 Berger Road Paducah, KY.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 2,035‑square‑foot office building on a 0.38‑acre parcel; Lobby and reception area with multiple private offices; R‑4 zoning
