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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4035 Olivet Church Rd Paducah, KY 42001

    • Commercial real estate
    • 4.83 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US34-0864249
    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 4035 Olivet Church Rd

    Lot size
    4.83 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 4.83-acre commercial land parcel presents a unique investment opportunity in Paducah, Kentucky. Located at 4035 Olivet Church Road, this property boasts over 800 feet of road frontage along Olivet Church Road, providing excellent visibility and accessibility. An existing entrance is already in place, simplifying development plans. The land is strategically situated between highway exits 3 and 4, offering convenient access to Paducah's major thoroughfares. Its proximity to Paducah's primary retail and restaurant corridor, while also being outside the city's industrial development park, makes it suitable for a diverse range of commercial ventures. All utilities are readily available, minimizing infrastructure costs and expediting the development process. The high traffic counts in this area ensure significant exposure for any business established on this prime acreage. This property is ideal for businesses seeking a prominent location with excellent visibility and convenient access to key transportation routes and commercial centers. The asking price is $350,000. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving Kentucky market. Don't miss out on this chance to secure a valuable asset in a high-demand location.

    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
    -88.6905605
    Latitude
    37.0928744

    Comparable in this City

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      Prime Paducah Commercial Land

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    • $825,000
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      Paducah Commercial Land For Sale

      4.10-acre commercial land in a thriving retail corridor.
      5269 Hinkleville Rd, Paducah, KY 42001
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    • $309,250
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      Paducah Land For Sale

      Prime lot in Paducah City Annex, convenient for future development.
      5200 Hill Ter, Paducah, KY 42001
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    • $170,000
      1.82 Acres

      Shaded Lot Near I-24

      1.82 acre commercial land near I-24 exit in Paducah.
      5609 Cairo Rd, Paducah, KY 42001
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    • $350,000
      1.14 Acres

      Commercial Lots in Paducah, KY

      Commercial lots available at I-24, Exit 11, Paducah, KY.
      00 John Puryear Dr, Paducah, KY 42001
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    • $515,000
      50.86 Acres

      50+ Acres of Kentucky Land

      50.86 acres of land perfect for development or recreation.
      1 Timber Ridge Dr, Paducah, KY 42001
      View Details

    Similar Nearby for Sale

    • $2,100,000
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      Prime Paducah Commercial Land

      5.91 Acres, Build-to-Suit Available
      4735 Village Square Dr, Paducah, KY 42001
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    • $65,000
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      Residential Lot in Westwood Hills

      Residential lot for sale in desirable Paducah neighborhood.
      Westwood Hl, Paducah, KY 42001
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    • $210,000
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      Commercial Land in Prime Location

      Commercial lot ready for development in Paducah, Kentucky.
      4924 Village Square Dr, Paducah, KY 42001
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    • $750,000
      2.27 Acres

      Paducah Commercial Land For Sale

      2.27+/- acre lot in high-traffic area near Walmart.
      4735 Village Square Dr, Paducah, KY 42001
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    • $350,000
      1.33 Acres

      Commercial Lots in Paducah, KY

      Prime commercial lots ready for development in a high-traffic area.
      00 John Puryear Dr, Paducah, KY 42001
      View Details
    • $69,900
      0.48 Acres

      Residential Lot in Westwood Hills

      Large lot in desirable Paducah neighborhood near amenities.
      412 Westwood Blvd, 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.
      525 Broadway St, Paducah, KY 42001
      View Details
    • $2.00 SF/Yr
      348,480 SF

      Prime Commercial Land in Paducah

      8 acres of commercial real estate on Paducah's retail corridor.
      5251 Hinkleville Rd, Paducah, KY 42001
      View Details
    • $17 SF/Yr

      Office Space in Olivet Village

      Unfinished corner office space in a sought-after location.
      3201 Olivet Church Rd, Paducah, KY 42001
      View Details
    • $4,500 /Mo

      Office Space Near Convention Center

      Office space with individual offices, conference rooms, ample parking.
      615 N 4Th St, Paducah, KY 42001
      View Details
    • $1,800 /Mo

      Paducah Retail Space For Rent

      Retail space available in high-traffic Paducah location.
      3208 Park Ave, Paducah, KY 42001
      View Details
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    4035 Olivet Church 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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