Outstanding West Paducah Industrial Facility

Industrial for Sale
Catylist Listing ID: 30864549
Property Subtypes: Free-Standing, Manufacturing, Mixed Use, Light Industrial, Warehouse/Distribution
Building Size (RSF): 334,772 SF
Gross Land Area: 29.15 Acres
Sale Price: $6,000,000
Unit Price: $17.92 PSF
Ceiling: 15 ft. Clear
Docks/Doors: 7 Docks, 13 Doors
Office SF: 2,000 SF
Property Use Type: Vacant/Owner-User
Building Name: 7845 Carneal Rd.
Usable Size (USF): 334,772 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 37
Last Updated: 6/4/2024

Overview / Comments

This fantastic industrial warehouse in West Paducah is located just south of the Ohio River in northwest McCracken County adjacent to the Triple Rail Mega Site. This facility boasts 334,772 SF on a generous 29.15-acre fully fenced site with 1,580 feet of road frontage and room for expansion, as well as a rail spur that can be reopened to the interior rear rail dock to accommodate six rail cars. It is currently partially owner-occupied and partially leased monthly to a strong local tenant who can remain if the buyer desires, paying $30,000/month, gross, occupying approximately 196,500 SF of the facility. Seven dock-high doors, two of which with internal docks, and 13 drive-in doors offer ample shipping/receiving options, and the adjacent electrical substation can provide up to 100 MVA. Clear heights from 15' to 24' and column spacing of 24' by 100' make the facility adaptable to numerous uses, and a new roof was installed in 2017 with a 15-year warranty. The warehouse is fully insulated, with LED lighting, and space heat throughout. Currently 2,000 SF of office space with an additional 12,500 SF of unfinished office on the east side. Don't miss out on this rare opportunity to secure a unique industrial facility in West Paducah.

Additional Details

Nearest MSA: Paducah
County: McCracken
Taxing Authority: McCracken County
Tax ID/APN: 054-00-00-023.01
Property Located Between: Carneal Rd. and Ohio River.
Highway Access: 1,580 feet of frontage on Carneal Rd. (KY-1420). Approximately 3.5 miles west of I-24 Exit 3.
Airports: Barkley Regional Airport 4 miles to the south.
Site Description: 29.15 acres, fully fenced with gates, 1,580 feet of road frontage.
Area Description: Just south of the Ohio River and adjacent to the Triple Rail Mega Site.
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 334,772 SF
Property Condition: Average
Year Built: 1966
Year Renovated: 2017
Roof Type: Gable
Construction/Siding: Aluminum Siding, Block, Steel Frame
Parking Ratio: 0.6 (per 1000 SF)
Parking Type: Surface
Parking Description: 185 Parks, asphalt and concrete paving.
Total Parking Spaces: 185
Column Spacing: 24 x 100
Sprinklers: Wet
Heat Type: Natural Gas, Space Heaters
Heat Source: Wall Units, Other
Air Conditioning: Other
Lighting: LED
Internet Access: Cable, DSL, Fiber Optic
Zoning Description: ML- Light Industry Zone
Lot Frontage: 1,580'
Lot Depth: 1,820'
Water Service: Municipal
Sewer Type: Other
Easements: Utilities

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,062 19,793
Median Age: 41.85 43.58
Households: 3,846 8,534


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