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    4531 State Route 54 Owensboro, KY 42303

    For Lease
    Contact for pricing

    Office - Owensboro, KY

    Type:Office
    Property size:
    1,107 SF
    Days on Market:
    259
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 4531 State Route 54

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Parking features
    Special Needs
    Size
    1,107 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    RED LETTER REALTY GROUP (270) 314-4481

    Listing agent Kevin Russell (270) 240-1583 License #218041

    Listing date Mar 24, 2025

    MLS# 91814 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

    Professional Office Space For Lease

    This professional office space is located behind Ritzy's on Highway 54 in Owensboro, Kentucky, benefiting from high traffic counts. The available unit offers 1,107 square feet of space, configured with four private offices and the option for a fifth. The unit includes a handicap-accessible bathroom. The lease structure requires the tenant to cover the lease payment and utilities, with no additional charges for taxes or insurance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Owensboro
    County
    Daviess
    State
    Kentucky
    Longitude
    -87.038909
    Latitude
    37.744418

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    FAQs

    What type of property is this?
    Office space - Professional office space available in high-traffic area of Owensboro, KY.
    Where is this office space located?
    The property is located at 4531 State Route 54 Owensboro, KY.
    What are key features of this property?
    This property features: - Prime location on Hwy 54 behind Ritzy's with high traffic count; - 1107 sqft professional office space; - Four private offices with option for a fifth
    (270) 240-1583
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    4531 State Route 54 Owensboro, KY 42303
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    Owensboro, KY 42303
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    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
    4531 State Route 54 Owensboro, KY 42303
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