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    3641 Ralph Ave Owensboro, KY 42303

    Sponsored
    For Sale
    $200,000

    High-profile Owensboro commercial lot, 0.5 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.5-acre commercial lot, located at 3641 Ralph Ave in Owensboro, Kentucky (zip code 42303), presents a prime investment opportunity. Situated in a bustling retail corridor along Highway 54, this previously developed parcel is zoned B-4 for commercial use, offering significant potential for a variety of businesses. The property boasts a fee simple ownership and is identified by APN 074-B0-00-008-00-0000. Its strategic location within a thriving commercial area ensures high visibility and accessibility, making it an ideal site for businesses seeking a prominent presence. The asking price for this exceptional property is $200,000. This is a rare chance to acquire a well-positioned commercial lot in a dynamic Kentucky market. The property's size and zoning provide flexibility for a range of development possibilities, catering to diverse business needs. Don't miss this opportunity to secure a foothold in a rapidly growing commercial area. Contact us today to learn more about this exciting investment prospect.

    Property Features for 3641 Ralph Ave

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • B‑4 zoned commercial land lot.
    • High‑traffic location with excellent visibility.
    • Utilities readily available at the site.
    • Level topography, ready for immediate development.
    • Competitive pricing and flexible terms available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Owensboro
    County
    Daviess
    State
    Kentucky
    Longitude
    -87.053038
    Latitude
    37.750525

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    FAQs

    What type of property is this?
    Land - High-profile Owensboro commercial lot, 0.5 acres.
    Where is this land located?
    The property is located at 3641 Ralph Ave Owensboro, KY.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: B-4 zoned commercial land lot.; High-traffic location with excellent visibility.; Utilities readily available at the site.
    (502) 744-1465
    Request Owner's contact information
    3641 Ralph Ave 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
    3641 Ralph Ave Owensboro, KY 42303
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