3566-3685 Olivet Church Road Paducah, KY 42001
COMMERCIAL - Paducah, KY
Property Features for 3566-3685 Olivet Church Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Assigned
- Standard status
- Active
- Lot size
- 5.91 Acres
Utilities
- Heating system
- Forced Air, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Building materials
- Steel
- Roof type
- Shingle
- Architectural style
- Other
Listing agent John M Noonan License #216270 (270) 444-6008
Listing office Purchase Realty Group 2650 Holt Road, Paducah, KY (270) 444-6008
Listing date Jul 2, 2026
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.
The property is located on Olivet Church Road and James Sanders Blvd in Paducah, Kentucky, at a high-visibility corner. The listing also notes easy access to major roadways and strong surrounding development context. An adjacent 1.37-acre parcel, also zoned B-1 commercial and listed separately by the same agents, can be combined to reach a total of 7.28 acres.
The existing office building and the site’s utilities may appeal to operators seeking a ready-to-go platform, while the corner configuration supports a range of development concepts mentioned in the offering, including a retail center, a convenience store with a retail component, an office park, or a multifamily community. The remarks further describe the potential for over 150 residential units if developed as multifamily. This combination of location visibility, site readiness, and zoning flexibility is designed to support multiple pathways for buyers and developers.
Key Highlights
- 5.91‑acre commercial development site at the high‑visibility corner of Olivet Church Road and James Sanders Blvd in Paducah, KY
- Existing 4,944 SF office building on site
- Zoning flexibility: county portion is commercial; city portion is B‑1 commercial
Local 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 | $74.2k | $15.00 |
| − Vacancy | −$11.1k | −$2.25 |
| EGI | $63.0k | $12.75 |
| − OpEx | −$15.8k | −$3.19 |
| NOI | $47.3k | $9.56 |
