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    Daniels Ln Owensboro, KY 42303

    Sponsored
    For Sale
    $799,900

    Prime KY Commercial Land, I-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11.45-acre commercial property in Owensboro, Kentucky, presents a diverse range of development opportunities. Located on Daniels Lane, 42303, in Daviess County, this I-1 zoned land offers significant potential for various uses. Its strategic location directly across from a 477-bed regional hospital makes it highly suitable for medical office development, catering to the substantial healthcare needs of the area. The property's zoning also allows for industrial development, capitalizing on the existing infrastructure and convenient access. Furthermore, its proximity to a new Jagoe Homes subdivision, Brookfield, makes it an attractive site for single-family or multifamily residential development. The asking price is $799,900, translating to approximately $69,860 per acre. The seller is willing to subdivide the property to accommodate specific development plans. Minutes from retail and dining amenities, this location offers unparalleled convenience and accessibility. This is a rare opportunity to acquire a large parcel of land in a thriving Kentucky community with a wide array of potential uses. The property's latitude and longitude coordinates are 37.7785924 and -87.0581991 respectively.

    Property Features for 0 Daniels Ln

    General Information

    Property type
    Land
    Lot Size
    498,762 SF

    HighLights

    • High‑visibility location directly across from 477‑bed regional hospital.
    • Convenient access to abundant retail and dining options.
    • Excellent site for medical office, residential, multifamily, or industrial development.
    • Subdividable parcel.
    • 11.45‑acre land parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Owensboro
    County
    Daviess
    State
    Kentucky
    Longitude
    -87.0581991
    Latitude
    37.7785924

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    FAQs

    What type of property is this?
    Land - Prime KY Commercial Land, I-1 Zoning
    Where is this land located?
    The property is located at Daniels Ln Owensboro, KY.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: High-visibility location directly across from 477-bed regional hospital.; Convenient access to abundant retail and dining options.; Excellent site for medical office, residential, multifamily, or industrial development.
    Request Owner's contact information
    Daniels Ln Owensboro, KY 42303
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    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
    Daniels Ln Owensboro, KY 42303
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