866 Lain AveBowling Green, KY 42101

Property Details for 866 Lain Ave

Year built

1973

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.34 AC

Property size (Sq ft)

1,200 SF

Property type

Office properties

Property subtype

Office buildings

APN

040C-05-024

APU

040C05024

Description

This 1,200 square foot freestanding office building is ideally situated in Bowling Green, Kentucky, off the 31W Bypass and Lehman Avenue. Currently undergoing interior improvements, this property offers significant potential for build-out to suit a tenant's specific needs. The building is zoned for General Business use within Warren County and features a single-tenant occupancy. Ample parking is available for employees and clients. The space includes two restrooms, and there's a possibility of installing a drive-through window, making it suitable for a variety of businesses, including medical practices and traditional office uses. The property's convenient location provides easy access to major roadways, ensuring high visibility and accessibility for clients. This presents a unique opportunity for a business seeking a well-located, adaptable space in a thriving Kentucky community. The address is 866 Lain Avenue, Bowling Green, KY 42101. The property is classified as a Traditional Office and Medical Office space. This single-tenant building offers a blank canvas for your business to flourish.

• CAP approach

  CAP return

  Valuation

  6%

  $207,302

  6.5%

  $191,356

  7%

  $177,688

• Comparable approach

  Method

  Valuation

  Relative Method

  $103,296

  Geo Method

  $103,296

• Alternative Use

  Use

  Valuation

  Residential

  $237,282

  Hospitality

  $217,349

  Educational

  $180,832

  Medical

  $187,051

  Retail

  $281,294

Location Insight

City

Bowling Green

County

Warren

State

Kentucky

Latitude

36.9877

Longitude

-86.4332

CBSA code

14540

CBSA name

BOWLING GREEN, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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