434 Scottys WayBowling Green, KY 42101

  • Manufacturing properties
  • 52,840 SF

Property Details for 434 Scottys Way

Year built
1995
Construction
STEEL FRAME
Lot size
30.40 AC
Property size (Sq ft)
52,840 SF
Property type
Manufacturing properties
APN
062A-70-002
APU
062A70002

Description

This exceptional 5.7 to 10.5-acre parcel of land, located at 434 Scottys Way in Bowling Green, Kentucky, presents a unique opportunity for industrial development. Situated in Warren County (zip code 42101), this property boasts a Heavy Industrial zoning designation, making it ideal for a wide range of manufacturing and industrial uses. The land is priced at $175,000 per acre, offering a compelling investment in a thriving economic region. The property benefits from excellent infrastructure, including access to Warren County Water Works, Warren RECC power, and Atlas Energy gas. Its strategic proximity to Interstate 65 ensures seamless transportation and logistics. Bowling Green's robust economy, recognized as a top 20 manufacturing location in the US, is further enhanced by the presence of over 22 international and numerous domestic manufacturing companies. This location offers unparalleled access to a skilled workforce and a supportive business environment. This is a rare opportunity to acquire prime industrial land in a rapidly growing area. Don't miss out on this chance to establish your business in a prime location with excellent infrastructure and a strong economic foundation.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,468,000
    6.5%
    $17,970,400
    7%
    $16,686,800
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,277,550
    Geo Method
    $7,277,550
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $9,377,710
    Mixed-Use / Specialty
    $9,472,370
    Hospitality / Lodging
    $7,116,360
    Office
    $9,549,520
    Institutional / Educational
    $9,893,230
    Residential Income
    $11,575,100
    Multifamily
    $13,172,400
    Automotive / Energy
    $8,479,910
    Parking / Income-Based Land
    $2,799,760
    Restaurant / Food Service
    $5,200,040
    Healthcare / Senior Housing
    $9,582,380

Location Insight

City
Bowling Green
County
Warren
State
Kentucky
Latitude
37.0306
Longitude
-86.3389
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
$30,441
-
-
$3,550,000
-
-
-
$3,550,000

FAQs

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