Single-Story Office Building with
For Sale
$999,000
3030 Burlew Boulevard, Owensboro, KY 42303
SINGLE_FAMILY - Owensboro, KY
Property Size4,800 SF
Lot Size1.54 Acres
Price / SF$208.13
Days on Market36
Property Features for 3030 Burlew Boulevard
General Information
Property type
Residential
Property subtype
Office
Subdivision
EAST
Standard status
Active
Lot size
1.54 Acres
Utilities
Heating system
Natural Gas
Amenities
drive-thru
Building Details
Year built
1995
Building materials
Vinyl Siding
Listing Agency:
Greater Owensboro Realty Co.
(270) 926-5000
Listed By:
Jim Estes · License #187864
(270) 929-4400
Added: Jun 29
Changed: Jul 2
Last Checked: Aug 3 at 3:06AM
MLS# 94024
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.
Single-story office building on a 1.536-acre lot, built in 1995 with vinyl siding. The property is served by natural gas heating and includes a professional layout designed to support business use. A drive-thru feature is included, along with customer parking, offering practical day-to-day convenience.
The building is located at 3030 Burlew Boulevard in Owensboro, Kentucky (Daviess County). Its one-level configuration and drive-thru access can be useful for businesses that want straightforward customer flow and on-site parking.
With the existing footprint and drive-thru setup, the space is positioned to accommodate business needs and potential future add-ons within the property.
The building is located at 3030 Burlew Boulevard in Owensboro, Kentucky (Daviess County). Its one-level configuration and drive-thru access can be useful for businesses that want straightforward customer flow and on-site parking.
With the existing footprint and drive-thru setup, the space is positioned to accommodate business needs and potential future add-ons within the property.
Key Highlights
- 1.536‑acre lot
- Drive‑thru and customer parking
- Single‑story floor plan
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 | $57.6k | $12.00 |
| − Vacancy | −$8.6k | −$1.80 |
| EGI | $49.0k | $10.20 |
| − OpEx | −$12.2k | −$2.55 |
| NOI | $36.7k | $7.65 |
4,800 SF · lease $12.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$524.6K
$459.0K – $612.0K
NOI $36,720 @ 7.0% cap · market cap 3.68%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$859.6K
$752.1K – $1.00M
NOI $60,170 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
Explore this area
Business Placement
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Single-story office space with a drive-thru and customer parking on a 1.536-acre site in Owensboro.
Where is this office building located?
The property is located at 3030 Burlew Boulevard Owensboro, KY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 1.536‑acre lot; Drive‑thru and customer parking; Single‑story floor plan
