Property profile

726 Harvard Dr Owensboro, KY 42301

FOR SALE
Other commercial real estate
Property ID
US34-2057180
2,498 SF 0.35 ac lot Built 1990
Entity Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

This property is located in Owensboro and is situated near the Owensboro Family YMCA, within walking distance of Kentucky Wesleyan College and Wesleyan Park Plaza Shopping Center, and approximately minutes from the Courthouse and the remainder of Owensboro. It is currently occupied by Benchmark Family Services (BFS), a behavioral health and treatment foster care organization founded in 1999, providing services across multiple states through state contracts, Medicaid reimbursements, and child-welfare programs. The property is held under a net lease structure in which the tenant is responsible for maintenance and repairs, and it features renewal rent adjustments tied to CPI at the start of each renewal term.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1990
Construction WOOD
Total area 2,498 SF
Lot 0.35 ac (15,377 SF)
APN 004-16-11-006-B0-000
UPID US34-2057180

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Foster Care Service Social Service Agency

Location

726 Harvard Dr Owensboro, KY 42301
Owensboro metro Census 700 OWENSBORO, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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