2625 Scottsville RdBowling Green, KY 42104

Property Details for 2625 Scottsville Rd

Year built

1996

Construction

CONCRETE

Lot size

3.09 AC

Property size (Sq ft)

31,066 SF

Property type

Retail properties

Property subtype

Retail space

APN

041D-26-018

APU

041D26018

Description

This exceptional Class A, 30,600-square-foot office building presents a unique investment opportunity in Bowling Green, Kentucky. Located at 2625 Scottsville Road, this single-tenant property sits on a 3.35-acre lot and boasts 300 parking spaces. Built in 1996, the building is currently vacant, offering significant potential for redevelopment or repurposing. Its prime location as an outparcel to Greenwood Mall provides exceptional visibility and accessibility, with convenient access via the Walmart Access Road. The property's PUD zoning allows for flexibility in future development plans, including potential subdivision. The surrounding area is rich with established retail giants such as Lowe's, Walmart, Target, Menards, Meijer, Home Depot, Belk, and Dillard's, making it an ideal location for a variety of retail or office uses. The building's previous use as an office, training, and call center facility provides a solid foundation for various adaptive reuse scenarios. This property offers a rare chance to acquire a substantial, well-located asset in a thriving Kentucky market. The Warren County location, with APN 041D-26-017, ensures easy identification and streamlined transaction processes. This is a truly remarkable opportunity for investors seeking a high-impact property with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $7,889,072

  6.5%

  $7,282,220

  7%

  $6,762,062

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,738,886

  Geo Method

  $6,738,886

• Alternative Use

  Use

  Valuation

  Residential

  $6,142,826

  Hospitality

  $5,626,795

  Educational

  $4,681,428

  Medical

  $4,842,429

  Retail

  $7,282,220

Location Insight

City

Bowling Green

County

Warren

State

Kentucky

Latitude

36.9508

Longitude

-86.4324

CBSA code

14540

CBSA name

BOWLING GREEN, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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