3050 Fairview Dr Owensboro, KY 42303
- Commercial real estate
- 46,646 SF
- 6.55 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3050 Fairview Dr
- Year built
- 2007
- Lot size
- 6.55 lot acres
- Property size
- 46,646 SF
- Property type
- Commercial real estate
- APN
- 003-46-01-001-00-000
- APU
- 3460100100000
Description
This exceptional 16.98-acre commercial land parcel presents a prime development opportunity in Owensboro, Kentucky. Located at 3050 Fairview Drive, this cleared and mostly flat lot is ideally situated within Daviess County's rapidly expanding retail and business sector, adjacent to the Highway 54 corridor. The property's zoning permits commercial use, making it suitable for a wide range of development projects. Its strategic location offers excellent visibility and accessibility, ensuring high potential for future success. The asking price for the entire parcel is $5,552,000, or individual lots can be purchased at $325,000 per acre. Surrounding the property is a mix of newer retail establishments and multi-family residential developments, indicating a thriving and growing community. This is a rare chance to acquire a significant land holding in a high-demand area, poised for substantial future growth and return on investment. The property is ready for immediate development, eliminating lengthy preparation delays. This presents a unique opportunity for developers seeking a strategic location with significant potential for long-term growth. The property's size and location make it an attractive investment for both large-scale and smaller development projects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Owensboro
- County
- Daviess
- State
- Kentucky
- Longitude
- -87.06
- Latitude
- 37.7478
- CBSA code
- 36980
- CBSA name
- OWENSBORO, KY METROPOLITAN STATISTICAL AREA
