420 SALEM DRIVE
Land | 17.692 acres
Marketing description
420 SALEM DR - PRIME DEVELOPMENT OPPORTUNITY
17.692 ACRES OF COMMERCIAL/LIGHT INDUSTRIAL LAND
LOT DESCRIPTION
This exceptional 17.692-acre parcel represents a rare infill development opportunity in Owensboro's established commercial corridor. With over 1,300 feet of frontage on Carlton Drive, this undeveloped tract is strategically positioned between major thoroughfares, offering exceptional visibility and accessibility.
PROPERTY DESCRIPTION
Situated in the southern Owensboro between Frederica and JR Miller, this unique property stands as one of the last substantial undeveloped parcels in this high-traffic area. Currently classified as farmland with a single-family residence (built 1963), the 17+ acres are primed for commercial redevelopment. The property includes a 1,648 sq. ft. brick home with basement, detached garage, and barn, but the true value lies in the land's development potential.
The site is completely surrounded by established commercial enterprises, including Iron Jungle Fitness to the north, Carpets Unlimited and Comfort Suites to the east, and convenient storage facilities along the western boundary. Carlton Drive provides excellent connectivity between major commercial arteries, enhancing the property's strategic position within Owensboro's business landscape.
SALE NOTES
Being sold as commercial/light industrial development opportunity
Offered at market value based on commercial potential, not agricultural assessment
Significant infill opportunity in established commercial district
Utilities available at property boundary
Property can be subdivided for multiple development projects
Potential for rezoning to accommodate various commercial enterprises
Seller motivated to work with qualified developers
LOCATION ADVANTAGES
Central positioning between major Owensboro commercial districts
Proximity to complementary businesses driving foot traffic
Adjacent to popular establishments including Iron Jungle Fitness, Carpets Unlimited, and Comfort Suites
Easy access to major highways and transportation corridors
Located in established commercial zone with proven business success
This property represents an extraordinary opportunity for investors and developers seeking a substantial commercial footprint in Owensboro's thriving business district. Don't miss this chance to secure one of the area's last remaining development parcels of this size and strategic position.
Investment highlights
HIGHLIGHTS
17.692 acres of prime developable land in central Owensboro
1,300+ feet of frontage on Carlton Drive
Strategic infill location surrounded by established businesses
Multiple access points possible for optimal traffic flow
One of the last remaining large parcels in this developed commercial corridor
Versatile zoning for commercial and light industrial applications
Exceptional visibility from surrounding businesses and roadways
Properties of this size and central location rarely become available
Suitable for retail centers, office parks, light manufacturing, or mixed-use development
Potential for phased development approach
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