Whaylon D. Coleman Terminal - Industrial Property for Sale

4701 U.S. Highway 60 East
Owensboro, KY 42301

Total Acreage

91.51 acres per physical survey by Hawkins Engineering, KY RLS # 2511

Building sq. footage

A 12,000 sq. ft. building with one 10-ton overhead crane remains at the site along with a 4,000 sq. ft. metal building

Accessibility

via highway: U.S. Highway 60 (4-lane and 5-lane sections) Located adjacent to the new four-lane connection between Interstate 64 and Interstate 65.
via rail: CSX (approximately 10,750 L.F. of rail spur and 10 switches on site)
via water: Ohio River (served by various barge line companies)(mile marker 752.5)

Overview

The site is the former mill location of Green River Steel, a producer of manufactured steel shapes from raw materials delivered to the site via truck and rail. A special alloy steel billet was produced utilizing a procedure involving melting ovens, rolling equipment, and forming processes. The mill was closed in February 2001 and purchased by the Riverport in April 2005. The site is located on the east side of Owensboro next to the Owensboro Municipal Utilities plant facility. The prime industrial site is for sale or could be developed through private-public financing relationship.

Rail

Served by CSX railroad. Approximately 10,750 linear feet of rail spur on site. Existing rail spurs need repair and maintenance procedures. Various options for complete, moderate, or minimum repair that will raise and level track, replace broken cross ties, and replace broken bolts have been detailed and repair option will be dependent upon anticipated use of rail system. Ten (10) switches on site need to be repaired or replaced.

Dock

A dock area could be constructed in order to properly utilize the water frontage/access on the northern boundary of the property. The property is located on the Ohio River at mile marker 752.5.

Utilities

Water

Domestic water supplied by East Daviess County Water via at least 1” water lines. Additional flow and pressure tests are to be conducted to determine the extent of any potential repairs.

Process water supplied by seven (7) water wells located on the property. Additional flow and pressure tests are to be conducted to determine the extent of any potential repairs. Discussions with OMU have occurred to identify other potential water supply alternatives.

Waste Water

Waste water treatment options have been identified and will pursued dependent upon tenant requirements. Discussions with Regional Water Resource Agency (RWRA) have occurred and large industrial clients can be served to meet nearly all requirements/needs.

Natural Gas

Gas service is currently supplied by Atmos Energy at two (2) locations from a 4” main running parallel to and on the north side of U.S. Highway 60. Additional line pressure testing will be required to determine if existing lines are usable.

Electricity

Electrical service is currently supplied by Kentucky Utilities (KU). A substation is located adjacent to the property.

Roadways

Roadway conditions are primarily asphalt and gravel. Two (2) access points from U.S. Highway 60 and Ellis Smeathers Road are utilized to enter the facility.