3357 Highway 54
9.22 Acres of Commercial Land Offered at $3,859,000 in Owensboro, KY 42303
Investment Highlights
- Strategic Location: Set on the busiest road in Owensboro, KY
- Existing Infrastructure: Includes office space, storage facilities, and parking
- Versatile Development Potential: Ideal for various commercial applications
- Extensive Frontage: Highly visible with significant road exposure
- Proximity to Major Brands: Recently opened Chick-fil-A nearby, indicating area growth
- High Traffic Volume: Over 35,000 cars pass by daily
Executive Summary
This exceptional 9.22-acre property represents a rare investment opportunity in one of Owensboro, Kentucky's most dynamic and rapidly developing areas. Situated on Highway 54, a major thoroughfare with over 35,000 vehicles passing daily, this prime real estate is perfectly positioned for commercial development.
Key Highlights:
- Strategic Location: Set on the busiest road in Owensboro, KY
- Extensive Frontage: Highly visible with significant road exposure
- Existing Infrastructure: Includes office space, storage facilities, and parking
- Proximity to Major Brands: Recently opened Chick-fil-A nearby, indicating area growth
- Versatile Development Potential: Ideal for various commercial applications
- High Traffic Volume: Over 35,000 cars pass by daily
- Total Land Area: 9.22 acres of prime, partially developed land
Current improvements include 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. These existing structures provide immediate utility while allowing for extensive additional development.
With Owensboro's continued growth and the recent arrival of national brands in the vicinity, this property presents an unmatched opportunity for investors and developers to capitalize on the area's expansion. The site's versatility makes it suitable for a wide range of commercial uses, from retail centers to office complexes or mixed-use developments.
At an asking price of $3,859,000, this property offers exceptional value considering its prime location, existing improvements, and development potential. Don't miss this chance to secure a pivotal piece of Owensboro's commercial future.
Key Highlights:
- Strategic Location: Set on the busiest road in Owensboro, KY
- Extensive Frontage: Highly visible with significant road exposure
- Existing Infrastructure: Includes office space, storage facilities, and parking
- Proximity to Major Brands: Recently opened Chick-fil-A nearby, indicating area growth
- Versatile Development Potential: Ideal for various commercial applications
- High Traffic Volume: Over 35,000 cars pass by daily
- Total Land Area: 9.22 acres of prime, partially developed land
Current improvements include 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. These existing structures provide immediate utility while allowing for extensive additional development.
With Owensboro's continued growth and the recent arrival of national brands in the vicinity, this property presents an unmatched opportunity for investors and developers to capitalize on the area's expansion. The site's versatility makes it suitable for a wide range of commercial uses, from retail centers to office complexes or mixed-use developments.
At an asking price of $3,859,000, this property offers exceptional value considering its prime location, existing improvements, and development potential. Don't miss this chance to secure a pivotal piece of Owensboro's commercial future.
Property Facts
Price | $3,859,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Commercial |
Total Lot Size | 9.22 AC |
1 Lot Available
Lot
Price | $3,859,000 |
Price Per AC | $418,546.64 |
Lot Size | 9.22 AC |
This exceptional 9.22-acre property represents a rare investment opportunity in one of Owensboro, Kentucky's most dynamic and rapidly developing areas. Situated on Highway 54, a major thoroughfare with over 35,000 vehicles passing daily.
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PROPERTY TAXES
Parcel Number | 074-00-00-203-00-000 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $2,423,650 |