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Property profile & analytics
FOR SALE
Commercial real estate

2440 Lone Oak Rd Paducah, KY 42003

7.93 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US34-1008461
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 7.93 ac (345,213 SF)
APN 096-00-00-017
UPID US34-1008461
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
Current use
Occupant on record · Public records
  • Sears Appliance Repair Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
PADUCAH LONE OAK LLC
PADUCAH LONE OAK LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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