Description
NEW PRICE-$4,500,000! Approximately 34 acres offering nearly 2,300 feet of outstanding I-24 frontage near Exit 4 in Paducah. The whole-tract offering equates to approximately $132,353 per acre, and the seller is willing to consider subdividing, with parcel size, configuration, access, and pricing subject to negotiation. Located within an established commercial corridor near Walmart, Home Depot, Academy Sports, Aldi, hotels, restaurants, healthcare facilities, and other major traffic generators. All major utilities are available, and the property has a commercial future land-use designation. Kentucky Housing Corporation identifies housing availability as the Commonwealth's most pressing housing issue, with shortages affecting both rental and for-sale housing across every income level. Significant regional growth is associated with announced energy, advanced-manufacturing, and technology investments near the DOE site. These conditions may create opportunities for additional rooftops, including apartments, townhomes, workforce housing, mixed-use development, or complementary retail and services, subject to zoning and governmental approvals. Additional potential uses include hospitality, restaurants, entertainment, medical or professional services, logistics, distribution, and large-format retail. Available as a whole or potentially subdivided, this highly visible interstate property offers developers flexibility to pursue a phased or master-planned project in one of Western Kentucky's most strategically positioned growth corridors.
Details
| MLS # | 26016233 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 82 |
| Listing Provided By | Arnold Realty Group | Drew Harrison |
Features
| Zoning | Other |
|---|---|
| Acreage | 35.34 |
Utilities
| Utilities | Electricity Available, Natural Gas Available, Sewer Connected, Water Available, Underground Utilities |
|---|
Area Information
| State | KY |
|---|---|
| County | McCracken |
| City | Paducah |
| Zip Code | 42001 |
| Area | 119 McCracken County |
| Subarea | McCracken County |
| Community Name | McCracken County |
| Listing VS Median (in McCracken County) | |
Price: $4,500,000 low | high Med: $199,500 On site: 82 low | high Med: 85 | |
Market Activity 42001
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Learn More About This Property
| State | KY |
|---|---|
| County | McCracken |
| City | Paducah |
| Zip Code | 42001 |
| Area | 119 McCracken County |
| Subarea | McCracken County |
| Community Name | McCracken County |
| Listing VS Median (in McCracken County) | |
Price: $4,500,000 low | high Med: $199,500 On site: 82 low | high Med: 85 | |
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