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Property profile & analytics
FOR SALE
Commercial real estate

1602 W 7Th St Owensboro, KY 42301

13,920 SF 0.98 ac lot Built 1963
Entity Owned 16-yr Hold Absentee Owner Free & Clear
Property ID
US34-0457143
Property summary
AI-generated overview

This Owensboro, KY industrial property, located at 1602 W 7th St, offers 13,920 square feet of versatile space, ideal for various businesses. Built in 1963, this two-story building features a 15-foot ceiling height in the warehouse, two 14x14 overhead doors, and a mix of office and heated warehouse space. The property is zoned I-2 and sits on a parcel with APN 005-05-05-002-00-000. Its prime location in the Westside Owensboro Industrial District makes it easily accessible for distribution, manufacturing, and construction-related businesses. The asking price is $1,250,000, or $89.80 per square foot. This property is perfect for companies needing office space, warehouse storage, and a convenient drop yard, catering to a wide range of operational needs, including construction, plumbing, HVAC, small manufacturing, and distribution. The property's size and features make it a strong investment opportunity in a thriving industrial area.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1963
Construction STEEL FRAME
Total area 13,920 SF
Lot 0.98 ac (42,550 SF)
APN 005-05-05-002-00-000
UPID US34-0457143
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jeb Inc. Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gough Residential LLC · 16 yrs held
Gough Residential LLC
since 2010
1 recorded transaction
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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