Flex Warehouse with Overhead
1431 Bosley Rd Owensboro, KY 42301
1431 Bosley Rd, Owensboro, KY, 42301
Contact for pricing
For Sale
Contact for pricing
Two buildings totaling 6,640 SF include storefront, offices, and warehouse areas with multiple overhead doors.
Property Size6,640 SF
Lot Size0.75 Acres
Price / SF$112.94
Days on Market35
Property Features for 1431 Bosley Rd
General Information
- Standard status
- Active
- Size
- 6,640 SF
- Lot size
- 0.75 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 2002
Listing agency
eXp Realty in Kentucky
(270) 302-8384
Listed by
Matthew Schell · License #212403
Source
Crexi
Added: Jun 18 Updated: Jul 22 at 10:18AM Checked: Jul 22 at 10:18AM
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 eXp Realty in Kentucky
Investment Insights
Based on property information with market context.
This versatile property includes two buildings totaling 6,640 square feet on approximately 0.75 acres. The main building offers storefront space, offices, warehouse area, restrooms, and two 10' x 10' overhead doors. The secondary building is a 2,800-square-foot warehouse with additional restroom facilities and two 12' wide x 10' high overhead doors, supporting operations that require storage, inventory, equipment, or fleet access.
The buildings sit on corner parcels with frontage on two sides in a highly visible, high-traffic setting. The site is described as having ample parking and excellent accessibility.
Zoning is listed as B-4 General Business and I-1 Light Industrial. The property features four overhead doors total, along with a flexible combination of retail, office, and warehouse space for a range of commercial applications.
The buildings sit on corner parcels with frontage on two sides in a highly visible, high-traffic setting. The site is described as having ample parking and excellent accessibility.
Zoning is listed as B-4 General Business and I-1 Light Industrial. The property features four overhead doors total, along with a flexible combination of retail, office, and warehouse space for a range of commercial applications.
Key Highlights
- Two‑building commercial property totaling 6,640 SF on approx. 0.75 acres
- Main building: 3,840 SF with storefront, offices, warehouse area, restrooms, and two 10' x 10' overhead doors
- Secondary building: 2,800 SF warehouse with additional restrooms and two 12' wide x 10' high overhead doors
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.7k | $12.00 |
| − Vacancy | −$12.0k | −$1.80 |
| EGI | $67.7k | $10.20 |
| − OpEx | −$16.9k | −$2.55 |
| NOI | $50.8k | $7.65 |
6,640 SF · lease $12.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Flex RnD
$1.15M
$1.01M – $1.34M
NOI $80,438 @ 7.0% cap · market cap 10.73%
Second Best
Office B
$725.7K
$635.0K – $846.6K
NOI $50,796 @ 7.0% cap · market cap 6.77%
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,235 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Venture Pools
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- World Classics Catering — 2510 W Parrish Ave, Owensboro, KY 42301
FAQs
What type of property is this?
Flex space - Two buildings totaling 6,640 SF include storefront, offices, and warehouse areas with multiple overhead doors.
Where is this flex space located?
The property is located at 1431 Bosley Rd Owensboro, KY.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two‑building commercial property totaling 6,640 SF on approx. 0.75 acres; Main building: 3,840 SF with storefront, offices, warehouse area, restrooms, and two 10' x 10' overhead doors; Secondary building: 2,800 SF warehouse with additional restrooms and two 12' wide x 10' high overhead doors
