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Retail Income Property
For Sale
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Pending

3051 Highland Pointe Dr, Owensboro, KY 42303

For sale retail property with a reported 6.50% cap rate and 58,475 SF total size.

Property Size58,475 SF
Days on Market132

Property Features for 3051 Highland Pointe Dr

General Information

Standard status Pending
Size 58,475 SF
Property subtype Retail

Additional Details

Cap Rate 6.5%
Listing Agency: Gulfstream Commercial Services LLC
Listed By: Fahr Juneja · License #214716
Source: Crexi
Added: Apr 13 Changed: Aug 11 Last Checked: Aug 22 at 8:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gulfstream Commercial Services LLC

Investment Insights

Based on property information with market context.

This for-sale retail income property is listed with a reported 6.50% cap rate and totals 58,475 SF, according to the provided marketing remarks.

The property is located at 3051 Highland Pointe Dr in Owensboro, KY 42303.

For buyers seeking a retail asset with established income metrics, this listing provides the key high-level figures highlighted in the remarks for evaluation.

Key Highlights

  • Retail property for sale with a reported 6.50% cap rate
  • Total building size of 58,475 SF

Property Analytics

Current Use

Academy Sports + Outdoors (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Hair Salon Building Supply Auto Repair Shop Auto Parts Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

698
Businesses Nearby
758k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Shops & Services 18% Superstores 14% Groceries 11%
Walmart Superstores
108,206 visits/mo 0.4 miles
Meijer Groceries
60,747 visits/mo 0.4 miles
Academy Sports + Outdoors Apparel
52,696 visits/mo 0.1 miles
Hobby Lobby Shops & Services
46,422 visits/mo 0.5 miles
Menards Home Improvements & Furnishings
43,313 visits/mo 0.3 miles

Demographics for 42303, KY

41,877
Population
18,055
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
89%
High-School Grad
48.8 sq mi
ZIP Area
858
Density / Sq Mi
$63,010
Median Household Income
$41,272
Median Earnings
$941
Median Rent
$183,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property with a reported 6.50% cap rate and 58,475 SF total size.
Where is this retail space located?
The property is located at 3051 Highland Pointe Dr Owensboro, KY.
What are key features of this property?
This property features: Retail property for sale with a reported 6.50% cap rate; Total building size of 58,475 SF
(502) 744-1465 Call to check price and availability
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