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Property profile & analytics
OFF-MARKET
Medical space

1624 Kentucky Ave Paducah, KY 42003

1.69 ac lot
Entity Owned 1-yr Hold
Property ID
US34-1130998
Property summary
AI-generated overview

This exceptional 1.69-acre mixed-use property in Paducah, Kentucky, presents a compelling redevelopment opportunity for discerning investors. Located at 1624 Kentucky Ave, 42003, this property boasts a total of 11,070 square feet of net rentable space, zoned B-3, allowing for a diverse range of uses including restaurant, retail, bank, office, medical, and even residential development. The property comprises a substantial 4,694 square foot warehouse featuring a 12-foot high ceiling, two 10ft x 16ft loading docks, one truck well, three additional rooms, and ample parking. This warehouse space is complemented by a separate 6,376 square foot office building, equipped with a reception area, seven bathrooms, a kitchen, storage rooms, and two conference rooms. Adding to the property's potential, a 0.59-acre vacant lot adjacent to Washington Street is included, offering possibilities for subdivision or further development

Property profile
Verified
Property type Medical space
Lot 1.69 ac (73,616 SF)
UPID US34-1130998
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Nichols Investments LLC · 1 yrs held
Nichols Investments LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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