Now available! This Prime Commercial Land Opportunity on KY 54 East in Owensboro, KY is well-positioned to welcome your next development in one of Kentucky's most rapidly developing Commercial corridors. This 4 acre+- lot, consists of three contiguous parcels, all Zoned B4 (General Business) and is priced below appraised value of $1.8 M Diverse development potential awaits with approximately 300 Feet of KY 54 Frontage and approximately 84 Feet of Ralph Ave Frontage for secondary access. Frontage on 54 could include a restaurant/commercial development and multi-family housing in the rear of the property with secondary access from 3705 Ralph Ave. Your business and/or multi-family development will receive maximum visibility on this highly traveled corridor with a daily traffic count of approximately 35,000 vehicles. The site, with all available utilities, sits on the most heavily-traveled road in the area and has clear Phase 1 and 2 Environmental testing reports. Just a few of the nearby businesses include Walmart, Chick-Fil-A, Planet Fitness, McDonalds, Taco Bell and Kohls. The site is also well-positioned in proximity to Owensboro Health and Gateway Commons. At an asking price of $1,450,000, this property offers exceptional value for investors or developers with an appraised value of $1.8M+- Don't miss this opportunity to walk into pre-development equity! Two short term rental homes are located on the property. Please respect tenant rights and call listing Agent to schedule a viewing of the residential components.