2815-2835 Farrell Crescent Owensboro, KY 42303
SINGLE_FAMILY - Owensboro, KY
Property Features for 2815-2835 Farrell Crescent
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- Lot size
- 3.00 Acres
Building Details
- Year built
- 1991
Listing agent Blake Hayden License #217646 (270) 244-6162
Listing office BHG Realty BHG Realty - 3424 Frederica Street, Owensboro, KY (270) 240-1501
Listing date Jul 13, 2026
Copyright © 2026 Greater Owensboro Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 2815–2835 Farrell Crescent in Owensboro, Kentucky, along a healthcare corridor and surrounded by established medical and professional offices. The listing notes strong accessibility and convenient access to major thoroughfares.
Zoned B-4 General Business, the building’s configuration and existing improvements provide a practical base for prospective tenants or buyers planning interior updates to match their operating needs.
Key Highlights
- 6,938 SF one‑story medical/professional office building built in 1991
- Located on approx. 1.61 acres along Farrell Crescent
- B‑4 General Business zoning
Local Financial Insights For Healthcare Medical
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 | $118.2k | $17.04 |
| − Vacancy | −$9.5k | −$1.36 |
| EGI | $108.8k | $15.68 |
| − OpEx | −$43.5k | −$6.27 |
| NOI | $65.3k | $9.41 |