Commercial Flex Development
2650 Holt Road Paducah, KY 42001
For Sale
$350,000
COMMERCIAL - Paducah, KY
Property Size1,463 SF
Lot Size1.18 Acres
Price / SF$239.23
Days on Market204
Property Features for 2650 Holt Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- B-1
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking
- 610
- Basement
- Crawl Space
- Standard status
- Active
- APN
- 086-20-00-024
- Size
- 1,463 SF
- Lot size
- 1.18 Acres
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Forced Air
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1967
- Floors in Building
- 1
- Building materials
- Brick, Vinyl Siding
- Roof type
- Metal
Listing Agency:
Purchase Realty Group
(270) 444-6008
Listed By:
John Noonan · License #216270
(407) 579-2788
Added: Jan 1
Changed: Jul 21
Last Checked: Jul 24 at 8:06PM
MLS# 26019321
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.
Located at 2650 Holt Road in Paducah, this B-1 zoned commercial property offers 1.18 acres and approximately 1,463 square feet of existing property. The site is described as having all utilities available, supporting a range of development and operational uses.
The seller’s remarks indicate a centrally located position in the mall area, with suitability for a professional office business, climate-controlled storage, or development of up to 25 apartment units at the location. The property is positioned to allow a business to operate while development activities are underway, depending on the buyer’s plans and approvals.
The seller’s remarks indicate a centrally located position in the mall area, with suitability for a professional office business, climate-controlled storage, or development of up to 25 apartment units at the location. The property is positioned to allow a business to operate while development activities are underway, depending on the buyer’s plans and approvals.
Key Highlights
- 1.189‑acre commercial‑zoned property
- Central location in the mall area
- All utilities available
Financial Insights For Warehouse
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 | $27.7k | $18.96 |
| − Vacancy | −$2.6k | −$1.80 |
| EGI | $25.1k | $17.16 |
| − OpEx | −$3.8k | −$2.57 |
| NOI | $21.3k | $14.58 |
1,463 SF · lease $18.96/SF/yr · vacancy 9.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$304.8K
$266.7K – $355.6K
NOI $21,338 @ 7.0% cap · market cap 6.10%
Second Best
Office B
$199.9K
$174.9K – $233.2K
NOI $13,990 @ 7.0% cap · market cap 4.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Purchase Realty Group
Real Estate Agency
Holly Locken
Real Estate Agency
FAQs
What type of property is this?
Office building - Commercial-zoned parcel with all utilities available, suited for office use, climate-controlled storage, or multi-unit construction.
Where is this office building located?
The property is located at 2650 Holt Road Paducah, KY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1.189‑acre commercial‑zoned property; Central location in the mall area; All utilities available