Standalone Office
New
For Sale
$299,000
3140 Parisa Drive, Paducah, KY 42003
COMMERCIAL - Paducah, KY
Property Size2,536 SF
Lot Size0.73 Acres
Price / SF$117.90
Days on Market3
Property Features for 3140 Parisa Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
B-1
Zoning description
Zoned B-1 - Convenience and Service
Parking
10
Subdivision
Commercial
Directions
Take Exit 7 from I-24 and head North toward Paducah on U.S. 45 (Lone Oak Road).Drive straight on U.S. 45 for about 2 to 3 miles until you pass the major commercial areas and CVS.Turn right at the intersection onto U.S. 62 East (Jackson Street / Hinkleville Rd area transition).Look for the turn toward Parisa Drive (located behind Banterra Bank and Paducah Dermatology off the main commercial connector).Arrive at 3140 Parisa Drive.
Standard status
Active
APN
105-00-00-002.05
Size
2,536 SF
Lot size
0.73 Acres
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Building Details
Year built
1994
Floors in Building
1
Building materials
Concrete, Stucco
Roof type
Shingle, Rubber
Listing Agency:
Arnold Realty Group
(270) 558-1338
Listed By:
Dawn Arnold · License #218391
(618) 638-5682
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 5 at 9:06AM
MLS# 26020819
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 standalone office property provides 2,536+/- square feet on a 0.727-acre site. The interior includes private offices, meeting areas, and restrooms, with an on-site surface parking lot. The building is currently configured for professional financial services and leased to Samsil and Holland. Construction includes concrete and stucco, with natural gas heating, electric cooling, water availability, and public sewer service. The roof consists of rubber and shingle materials, and the building was constructed in 1994.
Located at 3140 Parisa Drive in Paducah, the property is less than 2 miles from I24. B-1 zoning supports its existing office classification and provides a clear framework for evaluating the site’s current commercial use.
Located at 3140 Parisa Drive in Paducah, the property is less than 2 miles from I24. B-1 zoning supports its existing office classification and provides a clear framework for evaluating the site’s current commercial use.
Key Highlights
- 2,536+/- square feet on a 0.727‑acre site
- Private offices, meeting areas, and restrooms
- On‑site surface parking lot
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 | $38.0k | $15.00 |
| − Vacancy | −$5.7k | −$2.25 |
| EGI | $32.3k | $12.75 |
| − OpEx | −$8.1k | −$3.19 |
| NOI | $24.3k | $9.56 |
2,536 SF · lease $15.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$346.4K
$303.1K – $404.2K
NOI $24,251 @ 7.0% cap · market cap 8.11%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$528.4K
$462.4K – $616.5K
NOI $36,988 @ 7.0% cap · market cap 12.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
491
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
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 - Private offices, meeting areas, restrooms, and surface parking support the property’s professional office configuration.
Where is this office building located?
The property is located at 3140 Parisa Drive Paducah, KY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2,536+/- square feet on a 0.727‑acre site; Private offices, meeting areas, and restrooms; On‑site surface parking lot
