815 3Rd St Paducah, KY 42003
This exceptional 0.27-acre commercial land parcel presents a unique investment opportunity in the heart of Paducah, Kentucky. Strategically located at 815/821 S 3rd Street, this property boasts convenient access to Paducah's vibrant commercial district and the city's major transportation arteries. Its prime location offers close proximity to the Ohio River, enhancing its appeal for a variety of commercial ventures. The lot benefits from direct frontage on the US 60 Business Loop Road, providing excellent visibility and accessibility. Furthermore, its proximity to Interstate 24, specifically exits 4, 7, and 11, ensures easy access for customers and employees. This property is being offered at an attractive asking price of $29,500. The seller is open to combining this lot with the adjacent vacant lot at 809 South 3rd Street (MLS #117167), presenting an opportunity to acquire a larger contiguous parcel. This versatile property is perfect for developers seeking a prime location for a new commercial building or businesses looking to establish a strong presence in a thriving Kentucky city. Don't miss this chance to secure a piece of Paducah's commercial landscape. The property is located in McCracken County, Kentucky, with a zip code of 42003.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.