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Property profile & analytics
FOR LEASE
Commercial real estate

3201 Olivet Church Rd Paducah, KY 42001

1.93 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US34-1950189
Property summary
AI-generated overview

This exceptional 11,664 square foot single-story office building, constructed in 2016, presents a unique opportunity in the desirable Olivet Village area. The property sits on 1.9 acres and offers ample parking with 65 spaces. Currently, there is a minimum of 1,500 square feet available, with a maximum contiguous space of 5,140 square feet. The building is configured for multiple tenants, providing flexibility for businesses of various sizes. The available space is an unfinished corner unit, allowing for complete customization to meet specific tenant needs. The landlord is willing to work collaboratively with tenants on build-out specifics, ensuring a seamless transition into the space. This prime location benefits from a thriving mix of neighboring businesses, including professional offices, restaurants, and beauty salons, creating a vibrant and convenient environment for employees and clients alike. The building's modern design and convenient amenities make it an ideal location for businesses seeking a high-quality, flexible workspace in a sought-after area. The property offers a blend of accessibility, visibility, and a strong tenant base, making it an attractive investment opportunity.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.93 ac (84,201 SF)
APN 076-30-01-037
UPID US34-1950189
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Republic Finance Loan Service
  • Matt Hernandez Creative Photography Service (Bike/Boat/Book/etc) Store
  • Night Moves Bar & Pub
  • Elegant Nail Spa Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
FALCONITE REAL EST HOLDINGS LLC
FALCONITE REAL EST HOLDINGS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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