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

Listed By: Dawn Arnold · License #KY 218391

Source: Crexi

Added: Mar 21, 2024 Changed: Aug 14 Last Checked: Aug 24 at 6:31PM

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Investment Insights

Based on property information with market context.

This is a 1.17+/- acre level lot situated in the Strawberry Hill/New Holt area. The location benefits from high traffic counts and is positioned between a gym and Montgomery Gardens. The area is experiencing new development, including apartments adjacent to the lot and new office buildings under construction. Neighboring businesses include medical offices, professional offices, and restaurants. Owners have a plat showing approximately 3,675+/- square feet can be built on this property.

Key Highlights

• 1.17+\/- Acre Level Lot in Desirable Strawberry Hill/New Holt Area
• High Traffic Counts
• Located Between a Gym and Montgomery Gardens

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Parking Lot & Garage Electrical Service Kitchen & Bath Showroom

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

475

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

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land in high-traffic area with new development nearby.

Where is this commercial land located?

The property is located at 2549 New Holt Rd Paducah, KY.

What is the asking price?

The asking price for this property is $339,000.

What are key features of this property?

This property features: 1.17+\/- Acre Level Lot in Desirable Strawberry Hill/New Holt Area; High Traffic Counts; Located Between a Gym and Montgomery Gardens