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Commercial Land with Building
For Sale
$350,000

2650 Holt Road, Paducah, KY 42001

Commercial Sale, Paducah, KY

Property Size1,463 SF
Lot Size1.18 Acres
Price / SF$239.23
Days on Market288

Property Features for 2650 Holt Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning B-1
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking 610
Basement Crawl Space
Subdivision Rural
Directions West on Hinkleville Road (Hwy 60) from I-24 exit4interchange to New Holt Road. Turn south on New Holt Rd, then to Village Square Dr, turn left. Then to right immediately on Holt Road. The property is the first building on the left just past the car wash.
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
Listed By: John Noonan · License #216270
Added: Jan 1 Changed: Oct 2 Last Checked: Oct 16 at 7:06AM
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.

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Investment Insights

Based on property information with market context.

This B-1 commercial property includes 1,463 square feet of existing improvements on a sizable land tract. The structure was built in 1967 and features brick and vinyl siding, a metal roof, electric forced-air heating, central air, and two bathrooms.

Located at 2650 Holt Road in Paducah, the property is positioned in the mall area of McCracken County. Cable service is available, and the site is served by a septic tank. The combination of commercial zoning, existing improvements, and land area supports consideration for office or other commercial use.

Key Highlights

  • B‑1 zoning for commercial use
  • 1,463 square feet of existing improvements
  • 1.18‑acre land tract

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,990
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,800 $279.8K
Cap Rate 7%
$199,857 $199.9K
Cap Rate 9%
$155,444 $155.4K
Market Conditions
NOI Build-Up for 1,463 SF
Gross rent
$21.9K $15.00/SF
− Vacancy
−$3.3K −$2.25/SF
EGI
$18.7K $12.75/SF
− OpEx
−$4.7K −$3.19/SF
NOI
$14.0K $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%
$279,800
Cap Rate 7%
$199,857
Cap Rate 9%
$155,444

Alternative Uses

Best Use
Office B
$199.9K
$174.9K – $233.2K (±1% cap)
NOI $13,990 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$304.8K
$266.7K – $355.6K (±1% cap)
NOI $21,338 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Purchase Realty Group Real Estate Agency Holly Locken Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Plumbing Service Electrical Service Kitchen & Bath Showroom

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

715
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
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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - B-1 commercial land with an existing structure, cable availability, and septic service in Paducah’s mall area.
Where is this commercial land 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: B‑1 zoning for commercial use; 1,463 square feet of existing improvements; 1.18‑acre land tract
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