Commercial Land with Road
3711 Olivet Church Road Paducah, KY 42001
For Sale
$799,000
COMMERCIAL - Paducah, KY
Property Size1,922 SF
Lot Size6.81 Acres
Price / SF$415.71
Days on Market81
Property Features for 3711 Olivet Church Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 6.81 Acres
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 2
- Flooring type
- Carpet, Linoleum
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
Listing Agency:
Purchase Realty Group
(270) 444-6008
Listed By:
David Nelson · License #202260
(270) 444-6008
Added: May 8
Changed: Jun 13
Last Checked: Jul 27 at 6:06AM
MLS# 129605
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 offering consists of 6.81 acres of commercial land with existing improvements that will remain. The property includes a 1,922-square-foot home that is currently occupied, along with a 2,880-square-foot metal building and a 522-square-foot storage building. The site also features 155 feet of road frontage on Olivet Church Road, creating a straightforward development and access opportunity.
The land is located just off I-24 at exit 3, near Industrial Park West. It is positioned behind Kentucky Oaks Mall and across from Hutson Ag, placing it within an established commercial corridor.
The combination of road frontage and existing structures makes this site worth a closer look for developers and operators evaluating options such as an apartment complex, church, motel, or RV park. While the property includes existing buildings, the acreage and frontage support planning for a range of future site layouts, depending on the intended use.
The land is located just off I-24 at exit 3, near Industrial Park West. It is positioned behind Kentucky Oaks Mall and across from Hutson Ag, placing it within an established commercial corridor.
The combination of road frontage and existing structures makes this site worth a closer look for developers and operators evaluating options such as an apartment complex, church, motel, or RV park. While the property includes existing buildings, the acreage and frontage support planning for a range of future site layouts, depending on the intended use.
Key Highlights
- 6.81 acres of commercial property just off I‑24 at exit 3 near Industrial Park West
- 155' of road frontage on Olivet Church Road
- Existing 1,922 SF home is currently occupied
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 | $36.4k | $18.96 |
| − Vacancy | −$3.5k | −$1.80 |
| EGI | $33.0k | $17.16 |
| − OpEx | −$4.9k | −$2.57 |
| NOI | $28.0k | $14.58 |
1,922 SF · lease $18.96/SF/yr · vacancy 9.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$400.5K
$350.4K – $467.2K
NOI $28,032 @ 7.0% cap · market cap 3.51%
Second Best
Industrial
$328.0K
$287.0K – $382.6K
NOI $22,958 @ 7.0% cap · market cap 2.87%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - 6.81 acres with 155 feet of road frontage plus on-site buildings, offering flexibility for multiple development concepts.
Where is this commercial land located?
The property is located at 3711 Olivet Church Road Paducah, KY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 6.81 acres of commercial property just off I‑24 at exit 3 near Industrial Park West; 155' of road frontage on Olivet Church Road; Existing 1,922 SF home is currently occupied
