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3656 Ky 54, Owensboro, KY, 42303

$1,450,000

3656 Ky 54, Owensboro, KY 42303

Active
Last Updated: 04/03/2025

4 acres

Lot Area

91581

MlsNumber

Details:
Lot Area:    4 acres
MlsNumber:    91581
Highlights:
  • Exterior Description: Brick
  • Garage Description: No Garage
  • Heating Fuel Type: Gas
Description:

Highway 54 East of Owensboro. Directly across from Planet Fitness and directly behind Salsarita's. 3636 KY 54 3656 KY 54 3705 Ralph Ave

Now available! This Prime Commercial Land Opportunity on KY 54 East in Owensboro, KY is well-positioned to welcome your next development in one of Kentucky's most rapidly developing Commercial corridors. This 4 acre+- lot, consists of three contiguous parcels, all Zoned B4 (General Business) and is priced below appraised value of $1.8 M Diverse development potential awaits with approximately 300 Feet of KY 54 Frontage and approximately 84 Feet of Ralph Ave Frontage for secondary access. Frontage on 54 could include a restaurant/commercial development and multi-family housing in the rear of the property with secondary access from 3705 Ralph Ave. Your business and/or multi-family development will receive maximum visibility on this highly traveled corridor with a daily traffic count of approximately 35,000 vehicles. The site, with all available utilities, sits on the most heavily-traveled highway in the area and has clear Phase 1 and 2 Environmental testing reports. Just a few of the nearby businesses include Walmart, Chick-Fil-A, Planet Fitness, McDonalds, Taco Bell and Kohls. The site is also well-positioned in proximity to Owensboro Health and Gateway Commons. At an asking price of $1,450,000, this property offers exceptional value for investors or developers with an appraised value of $1.8M+- Don't miss this opportunity to walk into pre-development equity! Two high-performing short term rental homes are located on the property. Walk into rental income! Please respect tenant rights and call listing Agent to schedule a viewing of the residential components. Agent owned.

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