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Industrial Land with Road Frontage
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2861 Lagoon Ln, Owensboro, KY 42303

Leveled industrial site along Hwy 603 with a conceptual plan for large-format development.

Property SizeContact for details
Days on Market157

Property Features for 2861 Lagoon Ln

General Information

Standard status Active
Property subtype Industrial, Land
Listing Agency: Gulfstream Commercial Services LLC
Listed By: Fahr Juneja · License #214716
Source: Crexi
Added: Mar 27 Changed: Aug 29 Last Checked: Aug 29 at 9:12PM

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 43.952-acre industrial land parcel at 2861 Lagoon Ln has been further developed and leveled for improved site usability. A conceptual site plan is included and depicts the property’s capacity for large-format industrial development. The site is identified for warehouse, distribution, logistics, trucking-related operations, light manufacturing, and other scalable industrial uses.

The property fronts Hwy 603 / Old Bypass with approximately 1,150 feet of frontage, providing a substantial road presence. Its location in Owensboro, Kentucky, places the site within an active industrial corridor and supports consideration by owner-users, developers, and investors seeking a sizable industrial development tract.

Key Highlights

  • ±43.952‑acre industrial land parcel in Owensboro, Kentucky
  • Approximately 1,150 feet of frontage along Hwy 603 / Old Bypass
  • Further developed and leveled to improve site usability

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Locksmith

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

139
Businesses Nearby

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Leveled industrial site along Hwy 603 with a conceptual plan for large-format development.
Where is this industrial land located?
The property is located at 2861 Lagoon Ln Owensboro, KY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: ±43.952‑acre industrial land parcel in Owensboro, Kentucky; Approximately 1,150 feet of frontage along Hwy 603 / Old Bypass; Further developed and leveled to improve site usability
(502) 744-1465 Call to check price and availability
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