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    16108 Bowling Green Rd Rockfield, KY 42274

    Sponsored
    For Sale
    $798,000

    Commercial - Rockfield, KY

    Lot size:
    1.37 Acres
    Days on Market:
    71
    Last Refresh:
    Feb 16 at 4:06 pm

    Property Features for 16108 Bowling Green Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    13
    Parking features
    Parking Lot, Paved or Surfaced
    Interior features
    Finished, Office Space, Unfinished
    Lot size
    1.37 Acres

    Utilities

    Heating system
    Central, Forced Air, Heat Pump (Heating)
    Cooling system
    Central Air, Heat Pump

    Building Details

    Year built
    2016
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Brick, Brick Veneer, Frame
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Jeff Hinkley

    Elmore Real Estate (270) 651-5202

    Listing agent Jeff Hinkley (270) 651-5202 License #193375

    Listing date Dec 8, 2025

    MLS# SC46824 Listing URL

    Copyright © 2026 South Central Kentucky Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Rockfield Commercial Building with Office

    This 6250 square foot metal building, located in Rockfield, KY, offers both office and warehouse space. The property is fully heated and cooled and features high visibility from US HWY 68. Currently, the building is divided into three sections, with a partition separating the right-hand section from the other two. It includes two garage doors, sized 8x12 and 12x12, located at the rear of the building. Parking is available via a paved lot in the front and a large gravel lot in the rear. The building contains five restrooms and a shower room. Situated on a 1.37-acre lot, this commercial property is suitable for investors and growing business owners. The existing business is relocating. The property is located at 16108 Bowling Green Road, Rockfield, KY 42274.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Building Supply Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockfield
    County
    Warren
    State
    Kentucky
    Longitude
    -86.6281619
    Latitude
    36.8908832

    Nearby Similar for Sale

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      2,960 SF

      Residential Farm with Detached Garage

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    • $798,000
      1.37 Acres

      Rockfield Commercial Building with Office

      6250 SF metal building with office and warehouse space.
      16108 Bowling Green Rd, Rockfield, KY 42274
      View Details

    FAQs

    What type of property is this?
    Warehouse - 6250 SF metal building with office and warehouse space.
    Where is this warehouse located?
    The property is located at 16108 Bowling Green Rd Rockfield, KY.
    What is the asking price?
    The asking price for this property is $798,000.
    What are key features of this property?
    This property features: - Highly visible location on US HWY 68.; - **6250 sq ft metal building** with office and warehouse space.; - Fully heated and cooled with central air and heat pump.
    (270) 646-5962
    Request Owner's contact information
    16108 Bowling Green Rd Rockfield, KY 42274
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    Rockfield, KY 42274
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16108 Bowling Green Rd Rockfield, KY 42274
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    We can help!
    Listing Contact
    Jeff Hinkley
    Real Estate License ID: 193375
    (270) 646-5962 (270) 651-5202
    Learn more
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