Commercial Development Site with
3566 Olivet Church Road Paducah, KY 42001
3566 Olivet Church Road, Paducah, KY, 42001
$1,625,000
For Sale
$1,625,000
COMMERCIAL - Paducah, KY
Property Size4,944 SF
Lot Size5.91 Acres
Price / SF$328.68
Days on Market169
Property Features for 3566 Olivet Church Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B-1
- Parking
- 10
- Parking features
- Open
- Standard status
- Active
- APN
- 076-30-08-012
- Size
- 4,944 SF
- Lot size
- 5.91 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2008
- Floors in Building
- 1
- Building materials
- Steel Frame, Brick
Listing agency
Purchase Realty Group
(270) 444-6008
Listed by
John Noonan · License #216270
(407) 579-2788
Added: Feb 2 Updated: Jul 20 at 11:39AM Checked: Jul 21 at 6:06PM
MLS# 26019171
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 commercial development site consists of 5.91 acres on a high-visibility corner of Oliver Church Road and James Sanders Blvd in Paducah, Kentucky. The property includes an existing 4,944-square-foot office building and the listing states that all available utilities are on-site, supporting development readiness.
According to the provided information, zoning is commercial on the county portion and B-1 Commercial on the city portion, offering flexibility for uses consistent with commercial development. The site is also described as having excellent traffic exposure and easy access to major roadways.
The property is listed with an existing configuration of an office building and development land. An adjacent 1.37-acre parcel, also zoned B-1 commercial, is available to combine for a total of 7.28 acres, if desired. The listing notes potential development ideas such as a retail center, convenience store with retail component, office park, or a multifamily community.
According to the provided information, zoning is commercial on the county portion and B-1 Commercial on the city portion, offering flexibility for uses consistent with commercial development. The site is also described as having excellent traffic exposure and easy access to major roadways.
The property is listed with an existing configuration of an office building and development land. An adjacent 1.37-acre parcel, also zoned B-1 commercial, is available to combine for a total of 7.28 acres, if desired. The listing notes potential development ideas such as a retail center, convenience store with retail component, office park, or a multifamily community.
Key Highlights
- 5.91‑acre commercial development site at the corner of Oliver Church Road and James Sanders Blvd in Paducah, KY
- Existing 4,944 SF office building on the property (built in 2008) with all available utilities
- Construction materials include steel frame and brick
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 |
4,944 SF · lease $15.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$675.4K
$591.0K – $788.0K
NOI $47,277 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.03M
$901.4K – $1.20M
NOI $72,108 @ 7.0% cap · market cap 4.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gold Capital LLC
Production Facility
World Wide Auto ...
Loan Service
The Cardinal Group, LLC
Production Facility
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FAQs
What type of property is this?
Commercial land - High-visibility corner development site with an existing office building and utilities on 5.91 acres zoned B-1.
Where is this commercial land located?
The property is located at 3566 Olivet Church Road Paducah, KY.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: 5.91‑acre commercial development site at the corner of Oliver Church Road and James Sanders Blvd in Paducah, KY; Existing 4,944 SF office building on the property (built in 2008) with all available utilities; Construction materials include steel frame and brick
