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!
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Additional Details
| Nearest MSA: |
Paducah |
| County: |
McCracken |
| Taxing Authority: |
City of Paducah |
| Tax ID/APN: |
120-24-01-003.02 |
| Zoning: |
B-3 GENERAL BUSINESS |
| 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 |
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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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
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