1004 Frederica St Owensboro, KY 42301
This exceptional mixed-use commercial property, located at 1004 Frederica Street in Owensboro, Kentucky, presents a compelling investment opportunity. The building, constructed in 1920, offers a substantial 3,570 square feet of vacant space, perfectly suited for a variety of commercial ventures. Currently zoned B2, this property allows for diverse business applications. The asking price is $114,900, translating to a price per square foot of $32.18. The property consists of a single building and is situated in Daviess County, Kentucky, zip code 42301. Its convenient location provides excellent accessibility and visibility. Given its size and zoning, this property is ideal for an owner-occupier or an investor seeking a strong return. The vacant status allows for immediate customization and tenant improvements to suit specific business needs. This is a rare chance to acquire a well-positioned commercial property in a thriving Kentucky market. The property's age adds to its character and potential for unique development. Serious inquiries are encouraged to explore the full potential of this promising investment.
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.