1000 Wilkinson TrceBowling Green, KY 42103

Property Details for 1000 Wilkinson Trce

Year built

1998

Construction

FRAME

Lot size

0.89 AC

Property size (Sq ft)

6,778 SF

Property type

Office buildings

APN

040C-14-055D

APU

040C14055D

Description

This fully renovated (2022) 6,778 sq ft commercial property in Bowling Green, KY, presents a unique investment opportunity. Formerly a bank, this Class C building at 1000 Wilkinson Trace offers approximately 10 offices, adaptable to various business needs. The 0.89-acre lot provides ample parking for 28 vehicles, a significant advantage in this high-traffic area. Modern finishes and state-of-the-art facilities make this a move-in ready space, perfect for a range of uses, from professional services to retail or coworking. The building boasts a single structure, built in 1998 and completely renovated in 2022. Its prime location in Warren County, KY, zip code 42103, ensures high visibility and accessibility. The asking price is $3,499,999. This versatile property combines modern convenience with strategic positioning, making it an exceptional investment prospect. The property is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $1,170,914

  6.5%

  $1,080,843

  7%

  $1,003,640

• Comparable approach

  Method

  Valuation

  Relative Method

  $583,450

  Geo Method

  $583,450

• Alternative Use

  Use

  Valuation

  Residential

  $1,340,246

  Hospitality

  $1,227,658

  Educational

  $1,021,397

  Medical

  $1,056,524

  Retail

  $1,588,840

Location Insight

City

Bowling Green

County

Warren

State

Kentucky

Latitude

36.9678

Longitude

-86.4293

CBSA code

14540

CBSA name

BOWLING GREEN, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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