4600 Frederica StOwensboro, KY 42301

  • Commercial real estate
  • 4,960 SF
For Lease
$8/SF/YR View listing

Property Details for 4600 Frederica St

Year built
2007
Construction
STEEL FRAME
Lot size
1.22 AC
Property size (Sq ft)
4,960 SF
Property type
Commercial real estate
APN
004-30-03-004-D0-000
APU
0043003004D0000

Description

This exceptional retail opportunity at Towne Square North in Owensboro, Kentucky, offers multiple spaces for lease within a vibrant shopping center. The property, built in 1988 and extensively renovated in 2020, boasts a total of 170,167 square feet and features a variety of sizes to suit diverse business needs. Currently, there are three spaces available, ranging from a minimum of 3,181 square feet to a maximum contiguous space of 14,729 square feet. A significant 17,910 square feet is currently vacant. A separate land parcel is also available for ground lease, totaling 70,167 square feet. The center enjoys a strategic location on Frederica Street, a major retail corridor with high visibility to over 30,000 vehicles daily and convenient access to Highway 60. Its strong anchor tenants include Big Lots, Buffalo Wild Wings, and Office Depot, ensuring consistent foot traffic. The property benefits from its proximity to Owensboro-Daviess County Regional Airport, Kentucky Community and Technical College, and Kentucky Wesleyan College, collectively serving over 5,000 students. Owensboro, the fourth largest city in Kentucky, provides a robust market for retail businesses. The property is zoned B-4, allowing for a wide range of commercial uses. This is a rare opportunity to establish or expand your business in a thriving retail environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $980,764
    Hospitality
    $898,375
    Educational
    $747,437
    Medical
    $773,143
    Retail
    $1,162,680
4600 Frederica St, Owensboro, Kentucky

Location Insight

City
Owensboro
County
Daviess
State
Kentucky
Latitude
37.7258
Longitude
-87.124
CBSA code
36980
CBSA name
OWENSBORO, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
-
-
$1,716,000
-
-
-
$1,716,000

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