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3515 Clarks River Road, Paducah, KY, 42001
Flex Building with Overhead Doors

3515 Clarks River Road Paducah, KY 42001

For Sale
$435,000

COMMERCIAL - Paducah, KY

Property Size2,560 SF
Price / SF$169.92
Days on Market28

Property Features for 3515 Clarks River Road

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active

Utilities

Utilities Natural Gas Available
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Building materials Concrete Block
Roof type Rubber
Architectural style Other
Listing Agency: Better Homes & Gardens Fern Leaf Group
Listed By: Lorri Hillyard
Added: Jul 2 Last Checked: Jul 29 at 8:06AM
MLS# 137736

Copyright © 2026 Western Kentucky Regional MLS Inc. 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 flex-style commercial property includes a refreshed modern showroom area with new paint, updated epoxy-style flooring, and an attractive reception area. The main building also provides a 10-foot overhead door, along with a gas furnace and gas water heater, with additional back warehouse space for storage or operations.

The property is located on Clarks River Road on Paducah’s southside. The listing describes the site as having exceptional visibility, with over 20,000 vehicles passing by daily.

A separate rear building measures 45' by 90' and offers flexible storage or service space. It includes two 12-foot overhead doors, two restrooms, and ample room for inventory, manufacturing, distribution, or equipment storage. With the combination of showroom/reception front-of-house space and larger back-of-house loading and storage areas, the building can support a range of tenant needs, including retail, office, showroom, contractor headquarters, automotive and equipment sales, as well as distribution and warehouse use. Immediate possession is available for buyers.

Key Highlights

  • Updated commercial property on Clarks River Road on Paducah’s Southside, with 20,000+ vehicles passing daily
  • Main building includes a refreshed showroom, new paint, updated epoxy‑styled flooring, and an attractive reception area
  • Main building features a 10‑foot overhead door plus a gas furnace and gas water heater, with a back warehouse area

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 $48.5k $18.96
− Vacancy −$4.6k −$1.80
EGI $43.9k $17.16
− OpEx −$6.6k −$2.57
NOI $37.3k $14.58
2,560 SF · lease $18.96/SF/yr · vacancy 9.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$533.4K
$466.7K – $622.3K (±1% cap)
NOI $37,338 @ 7.0% cap · market cap 8.58%
Second Best
Industrial
$436.8K
$382.2K – $509.7K (±1% cap)
NOI $30,579 @ 7.0% cap · market cap 7.03%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

LSD² Wholesale Big Box & Wholesale Store

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service Plumbing Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Flex space - Updated showroom and warehouse space with loading access, positioning the building for retail, office, or distribution uses.
Where is this flex space located?
The property is located at 3515 Clarks River Road Paducah, KY.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Updated commercial property on Clarks River Road on Paducah’s Southside, with 20,000+ vehicles passing daily; Main building includes a refreshed showroom, new paint, updated epoxy‑styled flooring, and an attractive reception area; Main building features a 10‑foot overhead door plus a gas furnace and gas water heater, with a back warehouse area
More about this property
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