Freestanding Warehouse/Manufacturing Facility For
2800 Warehouse Road Owensboro, KY 42301
2800 Warehouse Road, Owensboro, KY, 42301
$2,221,450
For Sale
$2,221,450
31,732 SF warehouse/manufacturing facility with office and shop space.
Property Size31,732 SF
Price / SF$70.01
Days on Market138
Property Features for 2800 Warehouse Road
General Information
- Standard status
- Active
- Size
- 31,732 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1978
Listing agency
Barron Commercial Group
(270) 313-2444
Listed by
Bo Barron, CCIM · License #KY #207674
(270) 313-2444
Source
Barroncommercial
Added: Mar 5 Updated: Jul 6 at 10:34AM Checked: Jul 21 at 5:39AM
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 Barron Commercial Group
Investment Insights
Based on property information with market context.
This freestanding warehouse/manufacturing facility, previously an FDA-approved probiotic manufacturing site, features a robust pre-cast concrete structure. The facility offers 2,424 SF of office space, 4,296 SF of shop space, and 22,080 SF of warehouse space. It includes 20' ceiling heights and 40' column spacing, providing ample space for various operations. The property is equipped with a sprinkler system, an indoor and in-ground dock, plus two 16' grade-level doors leading to indoor bays. Additionally, there's 2,935 SF of mezzanine space above the office/shop area. The property has ample parking space for employees and visitors and a versatile layout for production and distribution. The modernized office space is suitable for administrative operations. The property is secure and well-maintained, with convenient access to major transportation routes and high visibility for business operations. The property is located in the Owensboro Riverport Industrial Area, two minutes from Ohio River access and five minutes from the Owensboro By-Pass, providing connections to I-165 and the Audubon Parkway. The Greater Owensboro region is within 600 miles of two-thirds of the U.S. population and 67 miles from the country's median center. The property has versatile industrial zoning for various applications.
Key Highlights
- Freestanding 31,732 SF warehouse/manufacturing facility with versatile industrial zoning.
- Strategic location in Owensboro Riverport Industrial Area, near Ohio River access and major transportation routes (I‑165, Audubon Parkway).
- Equipped with an indoor/in‑ground dock and two 16' grade‑level doors for efficient loading and unloading.
Local Financial Insights For Warehouse
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 | $220.9k | $6.96 |
| − Vacancy | −$10.6k | −$0.33 |
| EGI | $210.3k | $6.63 |
| − OpEx | −$31.5k | −$0.99 |
| NOI | $178.7k | $5.63 |
31,732 SF · lease $6.96/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.55M
$2.23M – $2.98M
NOI $178,716 @ 7.0% cap · market cap 8.05%
Second Best
Industrial
$1.99M
$1.74M – $2.32M
NOI $138,979 @ 7.0% cap · market cap 6.26%
Theoretical Best
Specialty Retail
$5.68M
$4.97M – $6.63M
NOI $397,773 @ 7.0% cap · market cap 17.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - 31,732 SF warehouse/manufacturing facility with office and shop space.
Where is this manufacturing property located?
The property is located at 2800 Warehouse Road Owensboro, KY.
What is the asking price?
The asking price for this property is $2,221,450.
What are key features of this property?
This property features: Freestanding 31,732 SF warehouse/manufacturing facility with versatile industrial zoning.; Strategic location in Owensboro Riverport Industrial Area, near Ohio River access and major transportation routes (I‑165, Audubon Parkway).; Equipped with an **indoor/in‑ground dock** and **two 16' grade‑level doors** for efficient loading and unloading.
