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    2735 Calumet Trce Owensboro, KY 42303

    For Sale
    $950,000

    Owensboro, KY Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This 0.8-acre commercial land parcel, located at 2735 Calumet Trce, Owensboro, KY 42303 (APN 002-15-01-023-A0-000), presents a unique investment opportunity. Zoned B-4, it allows for diverse uses including retail, office, and medical facilities. The property boasts exceptional visibility within a thriving retail center anchored by major national brands such as Walmart, Hobby Lobby, Menards, and numerous restaurants including Chick-fil-A, Longhorn Steakhouse, and Starbucks. This prime location offers versatile options: build-to-suit, lease, or purchase. The surrounding area demonstrates strong economic indicators, including a growing population, job market, and average household income nearing $95,000 within a 10-minute radius. Its proximity to a regional hospital further enhances its strategic value. This is an exceptional chance to capitalize on Owensboro's dynamic retail and restaurant hub, offering significant potential for long-term growth and return on investment. The asking price is $950,000.

    Property Features for 2735 Calumet Trce

    General Information

    Property type
    Land
    Lot Size
    34,848 SF

    HighLights

    • Build‑to‑suit, land lease, or purchase options available.
    • High‑visibility outparcel in a major shopping center.
    • Strategic location near a regional hospital.
    • Zoned for diverse commercial uses including retail, medical, and office.
    • Prime location adjacent to a dominant retail center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Owensboro
    County
    Daviess
    State
    Kentucky
    Longitude
    -87.065244
    Latitude
    37.760788

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    FAQs

    What type of property is this?
    Land - Owensboro, KY Commercial Land
    Where is this land located?
    The property is located at 2735 Calumet Trce Owensboro, KY.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Build-to-suit, land lease, or purchase options available.; High-visibility outparcel in a major shopping center.; Strategic location near a regional hospital.
    Request Owner's contact information
    2735 Calumet Trce Owensboro, KY 42303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2735 Calumet Trce Owensboro, KY 42303
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