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    322 3Rd St Paducah, KY 42001

    Sponsored
    For Lease
    $5 SF/Yr ($5,434 /Mo)

    Large Warehouse, Prime Location, High Potential

    Lot size:
    11,858 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 11,858 square foot warehouse, situated on 2.8 acres in Downtown Paducah, presents a unique investment opportunity. Built in 1969, this single-story building offers significant potential for various uses, including retail, industrial, or restaurant applications. The property boasts a substantial 40,000 square feet of vacant space, ideal for a single tenant seeking a large footprint. Three loading docks are available, although access may be subject to negotiation based on tenant needs. Ample parking is available with 20+ spaces, and the property is zoned B-3. Its prime location offers easy access to Paducah's vibrant riverfront business district, known for its arts, entertainment, and retail offerings. The property's proximity to Broadway and Madison streets provides excellent visibility and accessibility. While an office suite may be included in the lease, this is subject to negotiation. The flexible space allows for multiple smaller floor plans, catering to a variety of business needs. Additional parking may be available through separate negotiation. This is a rare opportunity to secure a substantial warehouse space in a thriving downtown area.

    Property Features for 322 3Rd St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,858 SF
    Total Rate
    5434.92

    Building Details

    Year Built
    1969
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    40,000 SF
    Rate per SF
    $5

    HighLights

    • 11,858 SF warehouse available for lease in Paducah, KY.
    • Single‑tenant occupancy.
    • 40,000 SF of vacant space available.
    • 2.8‑acre site with 3 loading docks and 20+ parking spaces.
    • B‑3 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Feaster Carpet & Flooring ... Carpet Wholesaler

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paducah
    County
    Mccracken
    State
    Kentucky
    Longitude
    -88.598478528139
    Latitude
    37.089939910187

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    FAQs

    What type of property is this?
    Restaurant - Large Warehouse, Prime Location, High Potential
    Where is this restaurant located?
    The property is located at 322 3Rd St Paducah, KY.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 11,858 SF warehouse available for lease in Paducah, KY.; Single-tenant occupancy.; 40,000 SF of vacant space available.
    Request Owner's contact information
    322 3Rd St Paducah, KY 42001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    322 3Rd St Paducah, KY 42001
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