72 Lone Oak DrCadiz, KY 42211

  • Other commercial real estate
  • 0.48 AC
For Sale
$485,000 View listing

Property Details for 72 Lone Oak Dr

Lot size
0.48 AC
Property type
Other commercial real estate
APN
C-9-1-30B
APU
C9130B

Description

This exceptional 4,800 square foot commercial property in Cadiz, KY, presents a unique investment opportunity. Situated on a 0.48-acre lot at 72 Lone Oak Drive, the building offers ample space ideal for various professional uses, including medical or dental practices. The main floor features a thoughtfully designed layout with numerous offices, promoting productivity and collaboration. A sizable basement area provides significant additional potential, adaptable for storage, expanded office space, or even conversion into residential living space, significantly increasing the property's versatility. The property's strategic location just outside of downtown Cadiz offers the benefits of a peaceful rural setting while maintaining convenient access to urban amenities. Its proximity to local hospitals and schools is particularly advantageous for healthcare professionals. Recreational opportunities abound, with the Arrowhead Golf Course nearby and Lake Barkley State Resort Park just minutes away. Cadiz itself is a charming community, blending small-town charm with easy access to larger cities like Paducah, KY, and Nashville, TN, providing a balanced lifestyle for both employees and clients. This adaptable property is perfect for expansion, establishment of new offices, or as a flexible commercial investment. The asking price is $485,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,134,434
    Hospitality
    $3,787,120
    Educational
    $3,150,839
    Medical
    $3,259,201
    Retail
    $4,901,306
72 Lone Oak Dr, Cadiz, Kentucky

Location Insight

City
Cadiz
County
Trigg
State
Kentucky
Latitude
36.8665
Longitude
-87.8136
CBSA code
17300
CBSA name
CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,982
-
-
$208,000
-
-
-
$208,000

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