For Sale
$650,000

5141 Veterans Memorial LnBowling Green, KY 42101

1.71-acre redevelopment opportunity in Opportunity Zone.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1.71-acre property, located at 5141 Veterans Memorial Blvd, Bowling Green, KY 42101 (APN 039B-02L-026), presents a compelling redevelopment opportunity. Situated on the corner of Veterans Memorial Blvd. and Thomas Ct., this site boasts over 500 feet of frontage on Veterans Memorial, experiencing a daily traffic count exceeding 17,595 vehicles. Currently zoned for both General Business (GB) and Light Industrial use, the property includes an existing 8,200 square foot building constructed in 1960, offering the flexibility to renovate or demolish to suit future development plans. The property's location within an Opportunity Zone provides investors with significant tax incentives, further enhancing its appeal. While the existing structure offers potential, prospective buyers should note that grocery, fuel, and hardware uses are restricted by zoning regulations. This prime location and flexible zoning make this an ideal site for a variety of commercial or industrial projects. The high traffic count and prominent corner location ensure excellent visibility and accessibility. This is a rare chance to acquire a substantial parcel in a thriving Kentucky market.

Highlights

  • $650,000 asking price.
  • 1.71-acre land parcel.
  • Commercial and light industrial zoning (GB).
  • Located at 5141 Veterans Memorial Blvd, Bowling Green, KY 42101.
  • Situated on the corner of Veterans Memorial Blvd. and Thomas Ct., offering high visibility with over 17,595 vehicles per day.
  • Opportunity Zone designation offering potential tax incentives.

Property Details for 5141 Veterans Memorial Ln

Property type
Land, Industrial properties
Lot Size (sq. ft)
74,488 SF

Location Insight

City
Bowling Green
County
Warren
State
Kentucky
Latitude
37.001494706424
Longitude
-86.442538069358
5141 Veterans Memorial Ln, Bowling Green, Kentucky

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5141 Veterans Memorial Ln
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