$850,000
Paducah, KY 42001
MLS# W134460
Status: Closed
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Property Description
Strategically located in a rapidly developing area, this parcel offers exceptional potential. Zoned M-1, the property allows for a wide array of commercial applications, including Hotels, convenience stores, fast-food establishments, and other high-demand commercial uses. The site is ideally situated adjacent to a planned new Racetrac Convenience Store and is approximately 0.3 miles from Interstate 24, Exit 3, ensuring high visibility and convenient access. Owner is open to considering a subdivision to accommodate specific development requirements.
Details
Status Change Information
Status Change Timestamp: 2026-06-08
Purchase Contract Date: 2026-02-16
Close Date: 2026-06-02
Close Price: 850000
Buyer Financing: Conventional
Address
County: McCracken
Street Number: 4155-4051
Street Name: Olivet Church
Street Suffix: Road
State: KY
Zip Code: 42001
Directions: From I-24 E, Exit 3 in Paducah, right onto Cairo Rd, left onto Olivet Church Rd, lot will be on the right.
Contract
Current Price: $850,000
Original List Price: 1000000
Status: Closed
Listing Contract Date: 2025-10-28
Sold Price: $850,000
Owner Name: Mark Hicks
List Price/Acre: 190114.07
List Price/SqFt: 4.36
Sold Price/Acre: 161596.96
Sold Price/SqFt: 3.71
SP/LP: 0.85
Lot
Lot Size Acres: 5.26
Lot Size Square Feet: 229125.6
Remarks
Public Remarks: Strategically located in a rapidly developing area, this parcel offers exceptional potential. Zoned M-1, the property allows for a wide array of commercial applications, including Hotels, convenience stores, fast-food establishments, and other high-demand commercial uses. The site is ideally situated adjacent to a planned new Racetrac Convenience Store and is approximately 0.3 miles from Interstate 24, Exit 3, ensuring high visibility and convenient access. Owner is open to considering a subdivision to accommodate specific development requirements.
Listing Information
Property Sub Type: Unimproved Land
Tax Legal
Subdivision Name: None
Property Features
Current Use: Commercial; Vacant
Disclosures: Restrictions
Lot Features: Level
Showing Requirements: Show Anytime
Listing Office: HRE Advisors
Last Updated: July - 31 - 2026
Information deemed reliable but not guaranteed.