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Versatile Commercial Property on Lone Oak

3538 Lone Oak Rd Paducah, KY 42003

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8,100+ sq ft commercial property on 1.42 acres.

Type:Mixed Use, Office, Retail
Property size:
8,117 SF
Lot size:
1.42 Acres
Price / SF:
$160/SF
Added:
Mar 9, 2026
Days on Market:
124
Last Refresh:
Jul 3 at 6:01 am

Property Features for 3538 Lone Oak Rd

General Information

Standard status
Active
Size
8,117 SF
Lot size
1.42 Acres
Property subtype
Mixed Use, Office, Retail

Listing office Real Broker, LLC

Listing date Mar 9, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC


Investment Insights

Based on property information with market context.

This standalone, commercial-zoned property features over 8,100 square feet of flexible space on 1.42 acres. Located along Lone Oak Road, a well-traveled commercial corridor in Paducah, Kentucky, the property offers strong frontage and high visibility. The building's layout is designed for easy subdivision, making it suitable for multi-tenant income or owner-user occupancy. The property is positioned for retail, office, medical, or service-based businesses. It also offers convenient access to surrounding retail and professional services, with future expansion potential.

Key Highlights

  • Over 8,100 sq ft of flexible space on 1.42 acres in a high‑traffic commercial corridor.
  • Commercial zoning allows for retail, office, medical, or service‑based businesses.
  • Potential for multi‑tenant income or owner‑user occupancy.

Local Financial Insights For Retail

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 $133.4k $16.44
− Vacancy −$6.7k −$0.82
EGI $126.8k $15.62
− OpEx −$38.0k −$4.69
NOI $88.7k $10.93
8,117 SF · lease $16.44/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,740 @ 7.0% cap · market cap 6.83%
Second Best
Mixed Use
$1.23M
$1.08M – $1.43M (±1% cap)
NOI $86,087 @ 7.0% cap · market cap 6.62%
Theoretical Best
Warehouse
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,386 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Crowell Pools & Spas General Contractor

Suggested Use

Building Supply Big Box & Wholesale Store Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Butcher Bakery Plumbing Service HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - 8,100+ sq ft commercial property on 1.42 acres.
Where is this mixed-use property located?
The property is located at 3538 Lone Oak Rd Paducah, KY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Over 8,100 sq ft of flexible space on 1.42 acres in a high‑traffic commercial corridor.; Commercial zoning allows for retail, office, medical, or service‑based businesses.; Potential for multi‑tenant income or owner‑user occupancy.
Contact an agent
(270) 748-0308 Call to check price and availability
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