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3357 Highway 54 - PRICE REDUCED $650K - 3357 HWY 54 9.22 Acres of Commercial Land Offered at $2,950,000 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
- Price Reduced to $2,950,000
- 9.22± acres on Highway 54 (Owensboro’s busiest corridor)
- 35,000+ vehicles per day with excellent visibility
- Strong surrounding retail momentum (recent Chick-fil-A nearby)
- Existing improvements: office, storage buildings, covered carport, parking
- Flexible commercial development potential
This prime 9.22± acre commercial tract offers a rare opportunity along Highway 54, Owensboro’s highest-traffic corridor with 35,000+ vehicles per day and outstanding visibility. Surrounded by continued retail growth—including a recently opened Chick-fil-A—the site is positioned for a wide range of commercial development. Price reduced to $2,950,000 ($319,956.62/AC).
Current improvements include a 1,632 SF office building, two 2,400 SF storage buildings, a 472 SF garage, and a 1,360 SF covered carport, providing immediate utility while preserving ample room for future expansion.
Property Facts
1 Lot Available
Lot
| Price | $2,950,000 | Lot Size | 9.22 AC |
| Price Per AC | $319,956.62 |
| Price | $2,950,000 |
| Price Per AC | $319,956.62 |
| 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.
Description
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.
Property Taxes
| Parcel Number | 074-00-00-203-00-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,423,650 |
Property Taxes
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3357 Highway 54 - PRICE REDUCED $650K - 3357 HWY 54
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