Surplus Property Parcels for Development
Paducah > Department of Planning
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Description
The City of Paducah is offering multiple vacant residential and commercial lots for sale through a sealed bid process. Bids must include a purchase price of at least $1.00 per lot, a detailed description of intended use and improvements, a timeline for completion within one year, proof of financial ability, and third-party cost estimates. Properties are sold as-is, and the buyer must develop the lot within one year or risk reversion to the city. The city prioritizes owner-occupied residential development and commercial projects that create jobs. Bids are evaluated on a point system requiring a minimum score of 100 points.
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'Land Subdivision' Opportunities
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