Property profile

100 Television Ln STE C & D Paducah, KY 42003

FOR LEASE
Commercial real estate
Property ID
US34-1881814
8.02 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 100 Television Lane in Paducah, Kentucky, presents a unique investment opportunity. Situated less than half a mile from Interstate 24, this property enjoys unparalleled accessibility and visibility. Its strategic location between St. Mary School and Mercy Health Hospital ensures high traffic and exposure. The expansive property encompasses over 8 acres, providing ample space for various commercial ventures. A substantial parking lot accommodates over 100 vehicles, ensuring convenient access for employees and clients. The property offers private access from Television Lane, with the potential for an additional entrance from Elmdale. Currently occupied by WPSD-TV, the headquarters will be relocating in the summer of 2025, opening up exciting possibilities for the next owner. The main building boasts a generous 23,862 square feet of space, featuring a versatile layout including offices, open areas suitable for cubicles, production studios, and warehouse storage. An additional 1,400 square feet warehouse building with three bays provides further storage or operational space. Recent improvements include the installation of multiple HVAC units and a complete flat roof replacement in 2016/2017, ensuring the property is well-maintained and energy-efficient. Priced at $850,000, this property is ideal for both investors seeking a high-return opportunity and end-users looking for a spacious and well-equipped facility. Its versatility makes it suitable for a wide range of commercial uses, promising significant potential for future growth and profitability.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 8.02 ac (349,351 SF)
APN 096-42-00-004
UPID US34-1881814

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Television Studio Media Distribution
  • Marketing & Advertising
  • Television Studio Media Distribution

Location

100 Television Ln, Unit STE C & D Paducah, KY 42003
Paducah metro Census 30900 PADUCAH, KY-IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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