201 Southtown Blvd Owensboro, KY 42303
This exceptional 10.21-acre parcel presents a remarkable opportunity for commercial and/or residential development in Owensboro, Kentucky. Strategically located at 201 Southtown Blvd, 42303, this prime land boasts a highly desirable location adjacent to a Lowe's Home Improvement store, ensuring high visibility and accessibility. The property's proximity to a Walmart Supercenter and other established retail businesses further enhances its potential for significant returns. The asking price is $1,531,500, translating to $150,000 per acre, reflecting the land's exceptional value in this thriving regional retail area. The site benefits from easy access to major roadways and a high volume of daily traffic, making it ideal for a variety of commercial ventures. Its zoning allows for both commercial and residential development, offering flexibility for a diverse range of projects. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing market, poised for immediate development and long-term appreciation. The property's location within Daviess County, Kentucky, provides access to a strong local economy and a robust consumer base. Don't miss this chance to secure a prime piece of real estate in a highly sought-after location. Detailed site plans and zoning information are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.