Property profile

3429 Lone Oak Rd Paducah, KY 42003

OFF-MARKET
Office buildings
Property ID
US34-0884763
1.25 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 1,600 square foot retail space, located at 3429 Lone Oak Road in Paducah, Kentucky, presents a fantastic leasing opportunity. Currently configured as a fully equipped salon, this single-tenant space is situated within a larger 7,938 square foot building on a 1.25-acre lot. The property boasts six stylist stations, three shampoo bowls, two nail technician stations, a dedicated pedicure room, a restroom with a shower, and a storage room. Convenient washer/dryer hookups are also included. Built in 1997, this single-story building offers high visibility due to its prime location directly off Lone Oak Road in Sheraton Place, an area known for its high traffic volume. The current monthly lease rate is $1,700, totaling $20,400 annually. The existing salon equipment is available for purchase or may be included in a long-term lease agreement. The owner is open to customizing the space to suit the needs of a long-term tenant seeking office or retail use. This property is ideal for a variety of businesses seeking a well-appointed space in a high-traffic location. The zip code is 42003.

Property profile

Verified
Property type Office buildings
Use group COMMERCIAL (GENERAL)
Lot 1.25 ac (54,450 SF)
APN 088-41-00-073.01
UPID US34-0884763

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Insurance Agency
  • Hair Salon Nail Salon
  • Dental Office

Location

3429 Lone Oak Rd Paducah, KY 42003-5775
Paducah metro Census 31301 PADUCAH, KY-IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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