Parrish Avenue West Lots

329 West Parrish Avenue Owensboro, KY 42301

329 West Parrish Avenue, Owensboro, KY, 42301
329 West Parrish Avenue, Owensboro, KY, 42301
FOR SALE
Property Type:
Commercial Land Development
Amount:
$225,000
Last Verified:
Aug 23, 2024

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Highlights

  • 0.59 Acres
  • Zoned P-1
  • Parrish Avenue West and Frederica Street

Description

These lots are available to build your new office close to downtown Owensboro and the Frederica Street corridor. This is a rare opportunity to find available land in a high-traffic area zoned P-1. It is an excellent location for an office of any kind: insurance agency, attorney, accountant, real estate office, etc.

These lots are located near the Frederica Street / Parrish Avenue intersection. This is one of Owensboro's largest intersections and is a perfect location for an office that seeks visibility. This property is in the center of town, close to restaurants and downtown shopping, other businesses, schools, etc.

Lot Size: 0.59 acres


Documents

Parrish Avenue West Lots - Offering Memorandum

Map of 329 West Parrish Avenue, Owensboro, KY, 42301

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.