3357 Ky-54 Owensboro, KY 42303
This exceptional 9.22-acre commercial property in Owensboro, KY, presents a rare investment opportunity. Located on Highway 54, a major thoroughfare with over 35,000 vehicles passing daily, this prime real estate boasts excellent visibility and extensive road frontage. The property includes existing infrastructure: a 1,632 sq ft office building, two 2,400 sq ft storage buildings, a 472 sq ft garage, and a 1,360 sq ft covered carport. This versatile site is ideal for various commercial applications, from retail centers to office complexes or mixed-use developments. Its strategic location is further enhanced by the recent opening of a nearby Chick-fil-A, indicating strong area growth. The property is vacant, zoned commercial (APN: 074-00-00-203-00-000), privately owned, and offered at $3,859,000. The three buildings are single-story structures, with four keys provided. This is a Class A property offering significant development potential in a high-traffic area. Don't miss this chance to capitalize on Owensboro's continued expansion. The property is situated in Daviess County, KY, zip code 42303.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.