237 Graham StBowling Green, KY 42101

  • Office properties
  • 11,900 SF
For Sale
$5,500,000 View listing

Property Details for 237 Graham St

Year built
1999
Construction
STEEL FRAME
Lot size
4.14 AC
Property size (Sq ft)
11,900 SF
Property type
Office properties
Property subtype
Office buildings
APN
050C-23-028A
APU
050C23028A

Description

This exceptional commercial property, located at 237 & 267 N Graham Street in Bowling Green, Kentucky, presents a unique investment opportunity. Priced at $5,500,000, this 6.16-acre site boasts two substantial buildings totaling 15,860 square feet, perfectly suited for a variety of logistics and operational needs. The property is currently utilized as a wrecking/hauling facility, showcasing its adaptability. The buildings comprise 4,000 square feet of well-appointed office space, providing ample room for administrative functions, and 11,860 square feet of dedicated shop space. This expansive shop area features six 16-foot-tall bay doors and one 12-foot-tall door, ensuring efficient access for large vehicles and equipment. Further enhancing its functionality is an on-site oil changing pit. The entire 6.16-acre parcel is securely enclosed by a perimeter fence, providing a safe and controlled environment. Its strategic location off Louisville Road in Warren County, Kentucky, offers excellent accessibility and visibility. This property represents a rare opportunity to acquire a well-established and versatile commercial facility in a thriving Kentucky market. The combination of ample space, convenient location, and existing infrastructure makes this an ideal investment for businesses seeking a robust and efficient operational base. The property's current use as a wrecking/hauling facility demonstrates its suitability for heavy-duty operations.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,055,750
    6.5%
    $1,897,615
    7%
    $1,762,071
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,024,352
    Geo Method
    $1,024,352
  • Alternative Use

    Use
    Valuation
    Residential
    $2,353,043
    Hospitality
    $2,155,374
    Educational
    $1,793,246
    Medical
    $1,854,919
    Retail
    $2,789,494
237 Graham St, Bowling Green, Kentucky

Location Insight

City
Bowling Green
County
Warren
State
Kentucky
Latitude
37.0142
Longitude
-86.3922
CBSA code
14540
CBSA name
BOWLING GREEN, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,603
-
-
$770,000
-
-
-
$770,000

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