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    4940 Frederica St Owensboro, KY 42301

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    For Sale
    $1,750,000

    Take 5 Oil Change NNN lease investment opportunity.

    Property size:
    1,411 SF
    Lot size:
    1.12 Acres

    Property Features for 4940 Frederica St

    General Information

    Size
    1,411 SF
    Lot size
    1.12 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Frederica Street Take 5 Oil

    This property at 4940 Frederica Street, Owensboro, Kentucky, is a Take 5 Oil Change situated on an estimated 0.38-acre parcel. The building offers approximately 1411 rentable square feet of space. Subject to a 20-year Triple Net (NNN) lease, commencing upon the close of escrow, the annual rent is $105,000, with scheduled increases of 1.50% annually.
    Insight Report Location Intelligence

    Current Use by Public Records

    Take 5 Oil ... Oil Change Service

    Suggested Use

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

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

    Similar Places Nearby

    Mike's Automotive, S & J Kustoms, Window Tinting Guys of Owensboro, Owensboro Electric Motor, LLC, Jerrys tire shop

    Location Insight

    • Map
    • Local Demand
    City
    Owensboro
    County
    Daviess
    State
    Kentucky
    Longitude
    -87.1249767
    Latitude
    37.7213486

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    FAQs

    What type of property is this?
    Auto shop - Take 5 Oil Change NNN lease investment opportunity.
    Where is this auto shop located?
    The property is located at 4940 Frederica St Owensboro, KY.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - 20-year Triple Net (NNN) lease provides a long-term, low-management investment; - Annual rent of $105,000 offers immediate income; - Located at 4940 Frederica Street, Owensboro, Kentucky 42301
    (332) 345-2408
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    4940 Frederica St Owensboro, KY 42301
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    Owensboro, KY 42301
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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
    4940 Frederica St Owensboro, KY 42301
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