2440 Lone Oak Rd Paducah, KY 42003
For Sale
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This exceptional 99,000 square foot medical office building, situated on a 6.5-acre lot in McCracken County, presents a unique investment opportunity. Formerly a K-Mart, the property is undergoing a complete renovation and is now available for lease. The single-story building features 8 suites, with a minimum divisible space of 15,000 square feet and up to 99,000 square feet of contiguous space available. The high ceilings, measuring 14 feet, provide ample space and flexibility for various medical practices. The property boasts excellent visibility and accessibility, located on a high-traffic section of US Highway 45, experiencing 24,000 cars daily. Its strategic location offers convenient access to Interstate 24 and serves a substantial 45-mile radius marketing area with over 300,000 potential customers. The surrounding area includes numerous amenities such as McDonald's and other restaurants, three banks, and other retail establishments. Furthermore, its proximity to Mercy Hospital enhances its appeal to medical professionals. Ample parking is provided with 600 spaces. The property is zoned commercial and is classified as Class B. This prime location, coupled with the extensive renovation, makes this a highly desirable property for medical practices seeking a prominent presence in a thriving community. The cross street is Bleich Road.
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Sears Appliance Repair Home Appliance Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.