Mixed-Use Property with
For Sale
$699,000
822 Jefferson Street, Paducah, KY 42001
An adaptable layout pairs ground-floor office space with two upstairs apartments currently used as offices.
Property Size4,714 SF
Price / SF$148.28
Days on Market114
Property Features for 822 Jefferson Street
General Information
Standard status
Active
Size
4,714 SF
Total Parking Spaces
5
Property subtype
Mixed Use
Additional Details
Property Use
Office
Building Details
Year Built
1946
Buildings
1
Listing Agency:
Keller Williams Experience - Paducah
(270) 450-0827
Listed By:
Amy Brock · License #218257
(270) 559-6101
Source:
Mdmitchellrealestate
Added: Jul 10
Changed: Oct 29
Last Checked: Oct 29 at 2:50PM
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 Keller Williams Experience - Paducah
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Investment Insights
Based on property information with market context.
At 4,714 square feet, this 1946 mixed-use property combines an open-concept main-level office area with a separate office or conference room. A five-vehicle garage is attached to the building, and the rear parking area accommodates 6–10 vehicles.
The upper floor contains two individual apartments, both currently used as office space. The configuration brings office areas, apartment units, garage space, and additional parking together at 822 Jefferson Street in Paducah.
The upper floor contains two individual apartments, both currently used as office space. The configuration brings office areas, apartment units, garage space, and additional parking together at 822 Jefferson Street in Paducah.
Key Highlights
- 4,714‑square‑foot mixed‑use property built in 1946
- Open main‑level office area and separate office or conference room
- Two upstairs apartments currently used as offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,996
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$999,920
$999.9K
Cap Rate 7%
$714,229
$714.2K
Cap Rate 9%
$555,511
$555.5K
Market Conditions
NOI Build-Up for 4,714 SF
Gross rent
$89.4K $18.96/SF
− Vacancy
−$9.4K −$1.99/SF
EGI
$80.0K $16.97/SF
− OpEx
−$30.0K −$6.36/SF
NOI
$50.0K $10.61/SF
Area
McCracken County, KY
Vacancy
10.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$999,920
Cap Rate 7%
$714,229
Cap Rate 9%
$555,511
Alternative Uses
Best Use
Mixed Use
$714.2K
$625.0K – $833.3K
NOI $49,996 @ 7.0% cap · market cap 7.15%
Second Best
Office B
$644.0K
$563.5K – $751.3K
NOI $45,078 @ 7.0% cap · market cap 6.45%
Theoretical Best
Warehouse
$982.2K
$859.4K – $1.15M
NOI $68,754 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,409
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?
Mixed-use property - An adaptable layout pairs ground-floor office space with two upstairs apartments currently used as offices.
Where is this mixed-use property located?
The property is located at 822 Jefferson Street Paducah, KY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 4,714‑square‑foot mixed‑use property built in 1946; Open main‑level office area and separate office or conference room; Two upstairs apartments currently used as offices
