For Lease
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Property summary
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
VerifiedCap rate & NOI
Current use
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Television Studio Media Distribution
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Marketing & Advertising
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Television Studio Media Distribution
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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