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    Property profile & analytics

    2549 New Holt Rd Paducah, KY 42001

    • Commercial real estate
    • 1.17 lot acres
    For Sale
    View listing
    $279,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US34-1880276
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2549 New Holt Rd

    Lot size
    1.17 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1.17-acre commercial lot presents a remarkable investment opportunity in Paducah, Kentucky. Located at 2549 New Holt Rd, in the desirable Strawberry Hill/New Holt area, this level parcel boasts high traffic counts, making it ideal for a variety of commercial ventures. Its strategic position between a fitness center and Montgomery Gardens ensures excellent visibility and accessibility. The area is experiencing significant growth, with new apartment complexes and office buildings currently under construction nearby. This property is surrounded by a diverse range of established businesses, including numerous medical offices, professional offices, and restaurants, creating a thriving and dynamic commercial environment. A plat indicates a potential buildable area of approximately 3,675 square feet. The asking price for this prime commercial land is $339,000. This property offers exceptional potential for developers and investors seeking a strategic location within a rapidly expanding commercial corridor in McCracken County, Kentucky, zip code 42001. Don't miss this chance to secure a piece of Paducah's vibrant commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Paducah
    County
    McCracken
    State
    Kentucky
    Longitude
    -88.6932269
    Latitude
    37.067645

    Comparable in this City

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      Prime Paducah Commercial Land

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      Prime lot in Paducah City Annex, convenient for development.
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      Paducah Commercial Light Industrial Lot

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      Paducah Commercial Land For Sale

      Corner lot on highly traveled Olivet Church Road.
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    Similar Nearby for Sale

    • $4,000,000
      31.42 Acres

      I-24 Commercial Land Investment

      High-traffic Paducah commercial land
      3805 Hinkleville Rd, Paducah, KY 42001
      View Details
    • $275,000
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      Prime Paducah Commercial Land

      Up to 4.34 acres, ideal commercial development.
      3180 New Holt Rd, Paducah, KY 42001
      View Details
    • $244,860
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      Paducah City Annex Lot

      Prime lot in Paducah City Annex, convenient for development.
      5140 Hill Ter, Paducah, KY 42001
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    • $283,020
      2.67 Acres

      Paducah City Annex Lot

      Prime lot in Paducah City Annex, convenient for development.
      5051 Lindbergh Ct, Paducah, KY 42001
      View Details
    • Contact for pricing
      0.43 Acres

      Paducah Commercial Light Industrial Lot

      M-1 lot suitable for logistics, warehousing, and service operations.
      1118 N 8Th St, Paducah, KY 42001
      View Details
    • $175,000
      1.04 Acres

      Paducah Commercial Land For Sale

      Corner lot on highly traveled Olivet Church Road.
      5245 Enterprise Dr, Paducah, KY 42001
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      348,480 SF

      Paducah Commercial Land - 8 Acres

      Prime Paducah location, build-to-suit opportunity.
      5251 Hinkleville Rd, Paducah, KY 42001
      View Details
    • $1,000 /Mo
      9,583 SF

      Vacant Lot in Downtown Paducah

      Vacant commercial lot for lease in downtown Paducah.
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    • $2.00 SF/Yr
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      Prime Commercial Land in Paducah

      8 acres of commercial real estate on Paducah's retail corridor.
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      Updated Midtown Office Space

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      Prime Commercial Space in Paducah

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      Prime Commercial Space in Paducah

      Unbeatable location off I-24, visible from Alben Barkley Drive.
      121 Memorial Dr, Paducah, KY 42001
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    2549 New Holt Rd
    Paducah, KY 42001
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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