Listing Agency: Arnold Realty Group d***@thearnoldrealtygroup.com Show Phone

Listed By: Amanda Johnson · License #241959 Show Phone

Source: Mdmitchellrealestate

Added: Sep 15 Changed: Oct 30 Last Checked: Oct 29 at 2:42PM

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Investment Insights

Based on property information with market context.

This undeveloped industrial land parcel encompasses 6+/- acres at 4950 Schneidman Road in Paducah, Kentucky. An active billboard lease currently generates income from the property.

The parcel adjoins property held by Paducah & Louisville Railway and has visual exposure from I-24.

Key Highlights

• 6+/- acres of undeveloped industrial land
• Active billboard lease generating income
• Adjoins Paducah & Louisville Railway property

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Auto Repair Shop Car Rental Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8

Businesses Nearby

Explore this area Business Placement

Demographics for 42003, KY

28,592

Population

14,132

Households

2

Avg Household Size

43

Median Age

22%

College-Educated

92%

High-School Grad

69.0 sq mi

ZIP Area

414

Density / Sq Mi

$54,052

Median Household Income

$33,566

Median Earnings

$696

Median Rent

$160,700

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Commercial Land with Road Frontage

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Level Commercial Land

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Commercial Land with I-24 Frontage

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Frequently Asked Questions

What type of property is this?

Industrial land - An active billboard lease generates income from this undeveloped parcel.

Where is this industrial land located?

The property is located at 4950 Schneidman Road Paducah, KY.

What is the asking price?

The asking price for this property is $40,000.

What are key features of this property?

This property features: 6+/- acres of undeveloped industrial land; Active billboard lease generating income; Adjoins Paducah & Louisville Railway property