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    6309 Russellville Rd Bowling Green, KY 42101

    Picture of Commercial land at Russellville Rd 6309, Bowling Green, KY
    For Sale
    $5,600,000

    Multi-Family - Bowling Green, KY

    Type:Multi Family
    Lot size:
    19.69 Acres
    Days on Market:
    336
    Last Refresh:
    Dec 8 at 1:06 pm

    Property Features for 6309 Russellville Rd

    General Information

    Property type
    Land
    Property subtype
    Multi Family
    Standard status
    Active
    APN
    029a-25-007
    Lot size
    19.69 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Legacy Real Estate Group (270) 782-2250 [email protected]

    Listing agent Stephen Stucy (270) 782-2250 License #218760

    Listing date Jan 7, 2025

    MLS# RA20233019 Listing URL

    Copyright © 2025 REALTOR® Association of Southern Kentucky, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bowling Green Multi-Family Development Site

    Located in Bowling Green, Kentucky, this 19.69-acre multi-family real estate parcel is situated within the Sterling Business Park Development along the Russellville Road Business Corridor. The property offers connectivity to the Southwest Parkway Connector and Interstate 165. Zoned RM-4, it has approval for 456 units. The property is part of the 185-acre Sterling Business Park Development, which includes multi-family residential, highway business, general business, and industrial zones. The development includes curbs, gutters, sidewalks, streetlights, and utilities. This location is in Bowling Green, Kentucky.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sterling Business Park Warehouse

    Suggested Use

    Restaurant Auto Repair Shop Storage Facility Computer & Electronic Repair Tech Support Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bowling Green
    County
    Warren
    State
    Kentucky
    Longitude
    -86.529142932294
    Latitude
    36.938706998405

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    FAQs

    What type of property is this?
    Commercial land - 19.69-acre multi-family development site approved for 456 units.
    Where is this commercial land located?
    The property is located at 6309 Russellville Rd Bowling Green, KY.
    What is the asking price?
    The asking price for this property is $5,600,000.
    What are key features of this property?
    This property features: - Approved for 456 Units: Zoned RM-4 and ready for high-density multi-family development.; - Prime Location: Situated on Russellville Road Business Corridor with easy access to Southwest Parkway Connector and Interstate 165.; - Part of Sterling Business Park: Located within a large, established 185-acre mixed-use development.
    (270) 782-2250
    Request Owner's contact information
    6309 Russellville Rd Bowling Green, KY 42101
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    Bowling Green, KY 42101
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    Realmo Value Estimation

    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.

    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.

    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
    6309 Russellville Rd Bowling Green, KY 42101
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