1624 Kentucky Ave Paducah, KY 42003
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.