Turnkey Office Building with
For Sale
$349,900
Pending
630 Jefferson St, Paducah, KY 42001
Professionally renovated office building on a highly visible corner lot with a drive-thru and night deposit box.
Property Size2,706 SF
Days on Market113
Property Features for 630 Jefferson St
General Information
Standard status
Pending
Size
2,706 SF
Total Parking Spaces
20
Property subtype
Commercial
Zoning
B-2
Additional Details
Furnished
Yes
Amenities
reception area
lobby
conference room
break room
storage room
vault
drive-thru
night deposit box
Building Details
Year Built
1970
Listing Agency:
Housman Partners Real Estate
Listed By:
Jessica Housman · License #201474
(270) 534-5569
Source:
Centralkentuckyhomefinder
Added: Jul 8
Changed: Oct 25
Last Checked: Oct 26 at 4:17PM
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 Housman Partners Real Estate
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Investment Insights
Based on property information with market context.
This turnkey office building has been professionally renovated and is offered with built-in desks, cabinetry, and office furnishings. The interior floor plan includes a reception area, spacious lobby, five private offices, a large conference room, break room, storage room, two restrooms, and a secure vault.
A distinctive feature is the existing drive-thru with a night deposit box. The property is located on a highly visible corner lot with multiple access points and approximately 20 on-site parking spaces. The building is in B-2 Downtown Business zoning.
The space is presented as move-in ready and includes practical office configurations for day-to-day operations.
A distinctive feature is the existing drive-thru with a night deposit box. The property is located on a highly visible corner lot with multiple access points and approximately 20 on-site parking spaces. The building is in B-2 Downtown Business zoning.
The space is presented as move-in ready and includes practical office configurations for day-to-day operations.
Key Highlights
- Professionally renovated 2,706‑SF office building on a highly visible downtown Paducah corner lot
- Drive‑thru with night deposit box on‑site
- Floor plan includes reception, lobby, five private offices, large conference room, break room, storage, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,876
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,520
$517.5K
Cap Rate 7%
$369,657
$369.7K
Cap Rate 9%
$287,511
$287.5K
Market Conditions
NOI Build-Up for 2,706 SF
Gross rent
$40.6K $15.00/SF
− Vacancy
−$6.1K −$2.25/SF
EGI
$34.5K $12.75/SF
− OpEx
−$8.6K −$3.19/SF
NOI
$25.9K $9.56/SF
Area
McCracken County, KY
Vacancy
15.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,520
Cap Rate 7%
$369,657
Cap Rate 9%
$287,511
Alternative Uses
Best Use
Office B
$369.7K
$323.5K – $431.3K
NOI $25,876 @ 7.0% cap · market cap 7.40%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$563.8K
$493.3K – $657.8K
NOI $39,467 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,352
Businesses Nearby
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Business Placement
Demographics for 42001, KY
31,579
Population
14,815
Households
2.1
Avg Household Size
41
Median Age
36%
College-Educated
94%
High-School Grad
74.2 sq mi
ZIP Area
426
Density / Sq Mi
$68,868
Median Household Income
$42,334
Median Earnings
$916
Median Rent
$210,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Professionally renovated office building on a highly visible corner lot with a drive-thru and night deposit box.
Where is this office building located?
The property is located at 630 Jefferson St Paducah, KY.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Professionally renovated 2,706‑SF office building on a highly visible downtown Paducah corner lot; Drive‑thru with night deposit box on‑site; Floor plan includes reception, lobby, five private offices, large conference room, break room, storage, and two restrooms
