

2861 Lagoon Ln | 43.952 AC Industrial Ground Lease Opportuni
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43.952-acre industrial ground lease site with ~1,150 FT of frontage on Hwy 603 / Old Bypass.
Building description
2861 Lagoon Ln offers a ±43.952-acre industrial ground lease opportunity in Owensboro, Kentucky. Positioned along Hwy 603 / Old Bypass with approximately 1,150 feet of frontage, the site provides strong visibility, access, and long-term industrial development potential.
The property has been further developed and leveled, improving site usability and making it well suited for build-to-suit warehouse, distribution, logistics, trucking-related operations, light manufacturing, and other scalable industrial uses. A conceptual site plan illustrates the parcel’s potential for large-format industrial development.
With substantial acreage and strong road presence in an active industrial corridor, 2861 Lagoon Ln is a compelling ground lease opportunity for tenants and developers seeking flexibility, frontage, and scale. Ground lease pricing is offered at $40,000 to $50,000 per acre.
Building highlights
- ±43.952 acres for ground lease
- $40,000–$50,000 per acre
- Approximately 1,150 FT of frontage on Hwy 603 / Old Bypass
- Land has been further developed and leveled
- Ideal for build-to-suit warehouse, distribution, logistics, and light industrial uses
- Conceptual site plan supports large-format industrial development
- High-visibility location in a growing industrial corridor
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