2402 Lone Oak Rd Farley, KY 42003
- Land
- 0.33 lot acres
Current Use by Public Records
- Land
Property Details for 2402 Lone Oak Rd
- Lot size
- 0.33 lot acres
- Property type
- Land
Description
This 0.33-acre commercial land parcel in Paducah, Kentucky, presents a unique investment opportunity. Located at 2402 Lone Oak Road, this property is situated within a thriving retail center boasting over 100,000 square feet of retail space, ensuring high visibility and foot traffic. While not yet subdivided from the main parcel, it will be defined to meet the needs of the buyer, making it ideal for a variety of commercial uses. Its prime location is particularly well-suited for a small drive-thru business, given the high volume of traffic and proximity to established businesses. The property benefits from reciprocal parking arrangements with the adjacent retail center, effectively increasing the available parking beyond the lot's size. This strategic location offers exceptional convenience, surrounded by a mix of established businesses including McDonald's and other restaurants, three banks, and various retail establishments. Furthermore, its proximity to Mercy Hospital within one mile adds to its appeal and potential for success. The asking price for this exceptional property is $350,000. The property's address is 2402 Lone Oak Rd, Paducah, KY 42003, located in McCracken County.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Farley
- County
- McCracken
- State
- Kentucky
- Longitude
- -88.5759
- Latitude
- 37.0101