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28680735
28680742

3108 Fairview Dr, Owensboro, KY 42303

JM
KY 300719
BHG Realty
Listed by BHG Realty
$3,250,000
190 days on market
Updated 0 days ago

3108 Fairview Drive

Details
Property Type Office
Sub Type Creative Office
Square Footage 25,360
Net Rentable (SqFt) 25,360
Units 3
Cap Rate 7.54%
NOI $245,000
Occupancy 100%
Tenancy Multi
Lease Type Gross
Remaining Term 4
Price per SqFt $128
Broker Co-Op Yes
Class A
Year Built 1991
Year Renovated 2019
Buildings 1
Stories 1
Acreage 2.684
Zoning B-4
Parking Spaces spaces
Investment Type Stabilized

Government Office | Build Addition on Land | 25,360 SqFt

Marketing description

3108 Fairview Drive | Owensboro, KY

Positioned just off Highway 54 in one of Owensboro’s most traveled commercial corridors, 3108 Fairview Drive is a newly renovated, three-unit office investment offering strong, reliable income and future development potential. The building features high-end modern finishes throughout, a brand-new roof being installed, and stable long-term government tenants, providing consistent, low-risk cash flow.

Sitting on a nearly 3-acre lot, the property also offers exceptional upside with room to construct an additional building or expand operations. With significant income, premium build-out quality, and high traffic visibility, this is a rare opportunity to acquire a turnkey asset in a prime growth area of Owensboro.

Ideal for investors seeking a combination of current income and future value creation in a very high-demand location.

Listing Contacts

JM
KY 300719
BHG Realty
Listed by BHG Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$245,000.00
$20,416.67/mo

Valuation Metrics

0
DSCR
7.54%
Cap Rate
7.54%
ROI

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Additional Information

Name
John Ross Martin
License
300719
Brokerage
BHG Realty
Brokerage Phone
270-240-1501
Brokerage Address
3424 Frederica Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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