809 3Rd St Paducah, KY 42001
This exceptional 0.27-acre commercial land parcel presents a unique investment opportunity in the heart of Paducah, Kentucky. Located at 809 S 3rd Street, this property boasts a highly desirable location near Paducah's vibrant commercial district, offering unparalleled convenience and accessibility. The lot's strategic position provides excellent visibility and proximity to major transportation arteries, including US 60 Business Loop Road and Interstate 24 (exits 4, 7, and 11). Its proximity to the rivers adds to its appeal. The asking price is $29,500, translating to a land value of $146,296.30 per square foot. This represents a compelling value proposition for developers and investors seeking a prime location for commercial development. The seller is open to combining this lot with the adjacent vacant lot at 821 South 3rd Street (MLS #117168), providing an even larger development footprint for ambitious projects. This property is being offered individually as well, presenting flexibility for various investment strategies. Don't miss this chance to acquire a piece of Paducah's thriving commercial landscape. The property is situated in McCracken County, Kentucky, with a zip code of 42001.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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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.