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    5056 Downwind Dr Owensboro, KY 42303

    Sponsored
    For Lease
    $8 SF/Yr ($7,083 /Mo)

    Modern 10,000 sq ft warehouse/manufacturing space.

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,000-square-foot industrial property, located at 5056 Downwind Drive in Owensboro, Kentucky, presents a unique opportunity for businesses seeking versatile space. Built in 2023, this property boasts a spacious layout ideal for manufacturing or warehousing operations. The building sits on a lot ranging from 0.586 to 0.7 acres, providing ample room for expansion or outdoor storage. Currently, the entire 10,000 square feet is available for lease. The zoning is I-1, suitable for a variety of industrial uses. The building features a ceiling height of 1 foot 6 inches. The property is situated in Daviess County, Kentucky, with a zip code of 42303. The property is designed to accommodate multiple tenants. A lease term of 5-10 years is preferred by the lessor. This property is perfect for a small manufacturing company, a construction business, or any enterprise requiring office space integrated with a warehouse. The property will be available in Spring 2023.

    Property Features for 5056 Downwind Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Total Rate
    7083.33

    Building Details

    Year Built
    2023

    Unit(s) available at that property

    Space
    5056 Downwind Drive Lot 2
    Size
    10,000 SF
    Rate per SF
    $8

    HighLights

    • Office/Warehouse space available.
    • 10,000 square feet of space.
    • Asking rent: $8.50 per square foot.
    • Triple Net (NNN) lease.
    • Zoned I‑1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Owensboro
    County
    Daviess
    State
    Kentucky
    Longitude
    -87.0424393
    Latitude
    37.750555

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    FAQs

    What type of property is this?
    Distribution property - Modern 10,000 sq ft warehouse/manufacturing space.
    Where is this distribution property located?
    The property is located at 5056 Downwind Dr Owensboro, KY.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Office/Warehouse space available.; 10,000 square feet of space.; Asking rent: $8.50 per square foot.
    Request Owner's contact information
    5056 Downwind Dr 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
    5056 Downwind Dr Owensboro, KY 42303
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