Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3980 Frederica St Owensboro, KY 42301

    For Lease
    $3,500 /Mo ($4 SF/Yr)

    Retail - Owensboro, KY

    Type:Retail
    Property size:
    8,500 SF
    Days on Market:
    154
    Last Refresh:
    Dec 10 at 1:06 am

    Property Features for 3980 Frederica St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Parking features
    Paved or Surfaced, Special Needs
    Size
    8,500 SF

    Utilities

    Cooling system
    Central Air, Electric

    Building Details

    Architectural style
    Other

    TRIPLE CROWN RELATY GROUP, LLC (270) 313-7428

    Listing agent Ted Belcher (270) 926-9999 License #211662

    Listing date Jul 10, 2025

    MLS# 91651 Listing URL

    Copyright © 2025 Greater Owensboro Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Sherwood Center

    Located in the busiest retail corridor in Owensboro, Sherwood Shopping Center offers retail space for rent. The center, which features over 100,000 square feet of space, houses a mix of national, regional, and local retailers and tenants. The property has direct exposure to Frederica Street (Highway 431) and provides easy access to and from the I-60 bypass. Available spaces range from 3,500 to 5,000 square feet. The shopping center is located minutes from downtown, Kentucky Wesleyan College (KWC), and Brescia College.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dollar Tree Grocery Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Center Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Owensboro
    County
    Daviess
    State
    Kentucky
    Longitude
    -87.1221735
    Latitude
    37.7328304

    Nearby Similar for Lease

    • $3,893 /Mo
      2,920 SF

      Prime Office in Business District

      Well-maintained office space in a high-traffic business district.
      2856 Farrell Cres, Owensboro, KY 42301
      View Details
    • $3,126 /Mo

      Centrally Located Office Space

      1,876 sq. ft. office space for lease.
      1302 Frederica St, Owensboro, KY 42301
      View Details
    • $8,750 /Mo
      14,000 SF

      Spacious Industrial Facility For Lease

      14,000 SF industrial facility with oversized doors and loading dock.
      2920 B Fairview Dr, Owensboro, KY 42303
      View Details
    • $2,500 /Mo
      2,958 SF

      Spacious Commercial Office For Lease

      Versatile commercial space with room for 8-10 private offices.
      2816 Veach Rd, Owensboro, KY 42303
      View Details
    • $9,680 /Mo
      9,680 SF

      Owensboro Warehouse Space For Lease

      Newly built warehouse space available for lease in Owensboro, KY.
      125 Salem Dr, Owensboro, KY 42303
      View Details
    • $9,680 /Mo

      Owensboro Warehouse Space For Lease

      Newly built warehouse space available for lease in Owensboro, KY.
      210 Salem Dr, Owensboro, KY 42303
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in busy Owensboro shopping center.
    Where is this shopping center located?
    The property is located at 3980 Frederica St Owensboro, KY.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - Located in the busiest retail corridor in Owensboro; - Easy access to I-60 bypass; - Direct exposure to Frederica Street (Highway 431)
    (270) 926-9999
    Request Owner's contact information
    3980 Frederica St Owensboro, KY 42301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3980 Frederica St
    Owensboro, KY 42301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3980 Frederica St Owensboro, KY 42301
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.