1111 Shive LnBowling Green, KY 42103

  • Office properties
  • 936 SF
For Lease
$16/SF/YR View listing

Property Details for 1111 Shive Ln

Year built
2003
Construction
FRAME
Lot size
0.02 AC
Property size (Sq ft)
936 SF
Property type
Office properties
Property subtype
Office buildings
APN
052A-04E-105
APU
052A04E105

Description

This exceptional 968-square-foot creative office condominium is ideally situated on the second floor of Tower Place, conveniently located off Scottsville Road in Bowling Green, Kentucky, behind Walgreens and Starbucks. The unit features an open floor plan, perfect for a variety of business configurations. A built-in kitchenette and restroom add convenience and functionality. Large windows throughout the space provide ample natural light, creating a bright and inviting work environment. The property is offered for lease as a single-tenant space in Warren County, Kentucky, with a zip code of 42103. The address is 1111 Shive Ln, Bowling Green, KY. In addition to the base rent, there is a common area maintenance (CAM) charge of $4 per square foot per year. This property is also available for purchase at $220,000. This presents a unique opportunity to own or lease a well-located, versatile office space in a thriving Kentucky community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $161,696
    6.5%
    $149,258
    7%
    $138,597
  • Comparable approach

    Method
    Valuation
    Relative Method
    $80,571
    Geo Method
    $80,571
  • Alternative Use

    Use
    Valuation
    Residential
    $185,080
    Hospitality
    $169,532
    Educational
    $141,049
    Medical
    $145,899
    Retail
    $219,409
1111 Shive Ln, Bowling Green, Kentucky

Location Insight

City
Bowling Green
County
Warren
State
Kentucky
Latitude
36.9468
Longitude
-86.4217
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
$1,042
-
-
$121,500
-
-
-
$121,500

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