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Property profile & analytics
OFF-MARKET
Land

2402 Lone Oak Rd Farley, KY 42003

0.33 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.33 ac (14,375 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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