Office Building with
For Sale
$349,900
630 Jefferson Street, Paducah, KY 42001
COMMERCIAL - Paducah, KY
Property Size2,706 SF
Lot Size0.43 Acres
Price / SF$129.31
Days on Market47
Property Features for 630 Jefferson Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
B-2
Zoning description
CITY B-2 (Downtown Business)
Parking
20
Parking features
Open
Security features
Security System
Directions
Via I-24, exit 7. turn left towards downtown.Continue onto Jackson St, Turn left onto S28th, right onto Washington St, Continue onto KY Ave. After approx 2 miles, turn left onto S 6th St, left onto Jefferson, and the property is on the left.
Subdivision
119 - McCracken County
Standard status
Active
APN
112-13-03-001
Size
2,706 SF
Lot size
0.43 Acres
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Amenities
drive-thru
night deposit box
conference room
break room
secure vault
Building Details
Year built
1970
Floors in Building
1
Building materials
Brick
Listing Agency:
Housman Partners Real Estate
(270) 534-5569
Listed By:
Jessica Housman · License #201474
(270) 210-4366
Added: Jul 13
Changed: Aug 5
Last Checked: Aug 28 at 11:06PM
MLS# 26018322
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.
Professionally renovated office building on a 0.43-acre corner lot, offering 2,706 square feet of space with a layout designed for daily operations. The building includes a reception area and spacious lobby, five private offices with built-in desks and cabinetry, a large conference room, a break room, two restrooms, a storage room, and a secure vault.
The property also features an existing drive-thru with a night deposit box, supporting businesses that benefit from convenient client access. Built with brick construction and originally constructed in 1970, it is served by forced air heating using natural gas and central air conditioning. Parking is described as open, with approximately 11 to 20 on-site spaces.
Additional utilities include phone service, and the building has public sewer. Zoning is B-2. The property is located at 630 Jefferson Street in downtown Paducah, Kentucky, within McCracken County’s commercial district.
The property also features an existing drive-thru with a night deposit box, supporting businesses that benefit from convenient client access. Built with brick construction and originally constructed in 1970, it is served by forced air heating using natural gas and central air conditioning. Parking is described as open, with approximately 11 to 20 on-site spaces.
Additional utilities include phone service, and the building has public sewer. Zoning is B-2. The property is located at 630 Jefferson Street in downtown Paducah, Kentucky, within McCracken County’s commercial district.
Key Highlights
- 0.43‑acre corner lot with 2,706 SF professionally renovated office building
- Existing drive‑thru with night deposit box
- Five private offices with built‑in desks and cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,136
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$562,720
$562.7K
Cap Rate 7%
$401,943
$401.9K
Cap Rate 9%
$312,622
$312.6K
Market Conditions
NOI Build-Up for 2,706 SF
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.
Gross rent
$51.3K $18.96/SF
− Vacancy
−$4.4K −$1.63/SF
EGI
$46.9K $17.33/SF
− OpEx
−$18.8K −$6.93/SF
NOI
$28.1K $10.40/SF
Area
McCracken County, KY
Vacancy
8.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$562,720
Cap Rate 7%
$401,943
Cap Rate 9%
$312,622
Alternative Uses
Best Use
Healthcare Medical
$401.9K
$351.7K – $468.9K
NOI $28,136 @ 7.0% cap · market cap 8.04%
Second Best
Office B
$369.7K
$323.5K – $431.3K
NOI $25,876 @ 7.0% cap · market cap 7.40%
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.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,352
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - B-2 zoned, professionally renovated office building with an existing drive-thru and night deposit box.
Where is this office building located?
The property is located at 630 Jefferson Street 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: 0.43‑acre corner lot with 2,706 SF professionally renovated office building; Existing drive‑thru with night deposit box; Five private offices with built‑in desks and cabinetry
