Recreational Land with Metal Storage
4755 Cold Springs Rd West Paducah, KY 42086
4755 Cold Springs Rd, West Paducah, KY, 42086
$721,000
For Sale
$721,000
Recreational property with a stocked lake, wooded trails to Massac Creek, and a 2,400 sq ft metal storage building.
Property Size2,400 SF
Lot Size103.40 Acres
Price / SF$300.42
Days on Market258
Property Features for 4755 Cold Springs Rd
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 103.40 Acres
- Property subtype
- Farm
Listing agency
EXIT REALTY KEY GROUP PADUCAH
(270) 331-2187
Listed by
Michele Thomas · License #221444
(270) 331-2187
Source
Exprealty
Added: Nov 6, 2025 Updated: Jul 21 at 7:21PM Checked: Jul 21 at 7:21PM
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 EXIT REALTY KEY GROUP PADUCAH
Investment Insights
Based on property information with market context.
This recreational property features approximately 103.4 +/- acres within a larger 137.79 +/- acre WRP area, with wooded trails leading to Massac Creek. The grounds include a stocked lake suitable for fishing or relaxing, and an existing trailer that could be used as a hunting cabin or as a site for a new build.
Additional improvements include two other building sites with utilities, which may be used or kept as rental plots. A 2,400 sq ft Bonanza metal building is available for storing large equipment or serving as a workshop. Commercial electric is also available at a pole where grain bins once stood.
The setting is described as peaceful and scenic and minutes from town, and buyers should verify any details such as schools and exact acreage, as they are not guaranteed.
Additional improvements include two other building sites with utilities, which may be used or kept as rental plots. A 2,400 sq ft Bonanza metal building is available for storing large equipment or serving as a workshop. Commercial electric is also available at a pole where grain bins once stood.
The setting is described as peaceful and scenic and minutes from town, and buyers should verify any details such as schools and exact acreage, as they are not guaranteed.
Key Highlights
- 103.4 +/- acres of the 137.79 +/- acres enrolled in WRP, offering wooded land with abundant wildlife
- Stocked lake for fishing or relaxing
- Wooded trails leading to Massac Creek
Local 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 | $45.5k | $18.96 |
| − Vacancy | −$4.3k | −$1.80 |
| EGI | $41.2k | $17.16 |
| − OpEx | −$6.2k | −$2.57 |
| NOI | $35.0k | $14.58 |
2,400 SF · lease $18.96/SF/yr · vacancy 9.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$500.1K
$437.6K – $583.4K
NOI $35,004 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hunting land
Similar For Sale Nearby
FAQs
What type of property is this?
Hunting land - Recreational property with a stocked lake, wooded trails to Massac Creek, and a 2,400 sq ft metal storage building.
Where is this hunting land located?
The property is located at 4755 Cold Springs Rd West Paducah, KY.
What is the asking price?
The asking price for this property is $721,000.
What are key features of this property?
This property features: 103.4 +/- acres of the 137.79 +/- acres enrolled in WRP, offering wooded land with abundant wildlife; Stocked lake for fishing or relaxing; Wooded trails leading to Massac Creek
