Prime Office/Retail Pad - Strawberry Hill, Mall Area

Vacant Land for Sale
Catylist Listing ID: 30835763
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 1.01 Acres
Sale Price: $349,900
Unit Price: $346,435 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/20/2024

Overview / Comments

This excellent commercial property in the Kentucky Oaks Mall area of Paducah is priced competitively and ready for development. At 1.014 acres, it is level, build-ready, and large enough to accommodate a number of uses. With 118.9' of frontage on Perkins Creek Dr. and 269.87' of frontage on James Sanders Blvd., and access to both, it offers great visibility on one of the few remaining lots on Strawberry Hill. Located directly behind The Eye Institute and across the street from the DREAM Paducah Apartments' main entrance, this area has seen many new developments recently and is one of Paducah's fastest growing areas. Don't miss your opportunity to be part of this neighborhood's growth. B-3 Gen. Bus. Zone, served by JPECC and Paducah Water/JSA. MLS #121034

Additional Details

Nearest MSA: Paducah
County: McCracken
Taxing Authority: City of Paducah
Tax ID/APN: 086-20-00-022.22
Zoning: B-3 GENERAL BUSINESS
Property Located Between: The Eye Institute and DREAM Paducah Apartments
Property Visibility: Excellent
Largest Nearby Street: James Sanders Blvd.
Feet of Frontage: 270
Traffic/Vehicle Count: 14,773
Highway Access: James Sanders Blvd. to Hinkleville Rd. (US Hwy 60) to I-24.
Airports: Barkley Regional Airport - 5.3 miles
Site Description: Just over one acre, rectangular lot in the northeast quadrant of the intersection of Perkins Creek Dr. and James Sanders Blvd.
Area Description: Office/Retail neighborhood known as Strawberry Hill that has seen lots of new development over the last decade with the expansion of Pecan Dr., Village Square Dr., and recently James Sanders Blvd.
Lot Frontage: 119
Lot Depth: 270
Zoning Description: B-3 General Business
Topography: Level
Easements: Ingress/Egress, Utilities
Easements Description: Typical utility easements as well as an ingress/egress easement across eastern portion connecting to James Sanders Blvd. that serves the subject and adjacent properties.
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: 2,586 24,586 41,856
Median Age: 46.3 43.13 41.74
Households: 1,287 11,023 18,664

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