6.32 Acres Next to Kroger

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30852351
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Status: Pending
Gross Land Area: 6.32 Acres
Sale Price: $399,900
Unit Price: $63,275 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/26/2023

Overview / Comments

6.32 Acres Next to Kroger! Rare opportunity to own this prime 6.32-acre property in Paducah, KY. Located in the heart of the Southside commercial area, this vacant land is situated next to Kroger, offering great visibility from Irvin Cobb Dr. With B-3 General Business zoning, there are numerous possibilities for development. Nearby retailers include Wal-Mart, Lowe's, Walgreens, CVS, and McDonald's, making this an ideal location for various uses such as hospitality or multi-family projects. This property features a designated 50' access easement from Irvin Cobb Dr. and direct access to Clarks River Ferry Rd. In addition, it offers convenient highway access to I-24 at Exit 11, just a short drive away. The level and build-ready site is ready for your vision and boasts excellent traffic exposure with a daily vehicle count of 12,996. Municipal utilities, including water, sewer, and electricity, are available for easy connection. Don't miss out on this incredible investment opportunity in a thriving commercial area. Act now and secure your place in the heart of Paducah's Southside!

Additional Details

Nearest MSA: Paducah
County: McCracken
Taxing Authority: City of Paducah
Tax ID/APN: 120-24-01-003.02
Property Located Between: Irvin Cobb Dr. and Clarks River Ferry Rd.
Property Visibility: Excellent
Legal Description: Being Tract C-2 (a 5.1915 Acre Tract) Located on the North Side of Clarks River Road as shown by plat of re-subdivision of Tract "C" of Beltline Plaza Shopping Center of record in Plat Section "L" Page 1655, McCracken County Clerk's office; and Being Tract "E" (a 1.1347 Acre Tract) Located on the North Side of Clarks River Road as shown on Waiver of Subdivision for Beltline Plaza Shopping Center of record in Plat Section "H" Page 441, McCracken County Clerk's office.
Largest Nearby Street: Irvin Cobb Dr.
Traffic/Vehicle Count: 12,996
Highway Access: Direct access to Irvin Cobb Dr. via easement, which intersects Wayne Sullivan Dr. (US Hwy 60) less than one block to the east. Continuing on Wayne Sullivan Dr., which becomes John L. Puryear Dr., approximately 3 miles to the south is I-24 at Exit 11.
Airports: Barkley Regional Airport - 9.5 miles west
Site Description: Build-ready, level property directly adjacent to Kroger & CVS with direct access to Irvin Cobb Dr. and Clarks River Ferry Rd.
Area Description: Southside commercial area of Paducah.
Zoning Description: B-3 General Business (Commercial)
Topography: Level
Easements: Ingress/Egress
Easements Description: 50' Permanent Entrance Easement to Irvin Cobb Dr. on property's north side (front). Also 50' Permanent Entrance Easement across property's south side to serve adjacent Kroger/CVS development.
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,159 15,506 39,267
Median Age: 39.59 39.22 41.23
Households: 1,764 6,710 17,222


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