Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    759 Hennessy Way Bowling Green, KY 42101

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Commercial - Bowling Green, KY

    Type:Farm
    Lot size:
    20.00 Acres
    Added:
    Mar 20, 2023
    Days on Market:
    1146
    Last Refresh:
    May 8 at 12:06 am

    Property Features for 759 Hennessy Way

    General Information

    Property type
    Residential Lease
    Property subtype
    Farm
    Standard status
    Active
    APN
    n/a
    Lot size
    20.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Caleb Hastings

    Listing agent Caleb Hastings

    Listing office Keller Williams First Choice R 1550 Westen St., Bowling Green, KY

    Listing date Mar 20, 2023

    MLS# RA20230656 Listing URL

    Copyright © 2026 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.

    HighLights

    • Up to 20 acres of Heavy Industrial land available for lease.
    • Owner willing to build to suit for qualified tenants.
    • Can subdivide into smaller tracts to suit tenant needs.
    • All utilities available.
    • No binding elements.
    • Location: -86.38013, 37.006027

    Overview

    Industrial Land For Lease

    This property offers up to 20 acres of heavy industrial land available for lease. The owner is willing to build to suit for qualified tenants. The land can be subdivided into smaller tracts to suit tenant needs. All utilities are available. The property is located in Bowling Green, Kentucky.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bada Division Industrial Manufacturer Meriwether Wire LLC Industrial Manufacturer BADA Wheel Weights Industrial Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Pharmacy Auto Parts Store Gym & Fitness 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
    -86.3802967
    Latitude
    37.0073339

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      KY, Bowling Green - 922 State Street

      922 State St, Bowling Green, KY 42101
      View Details
    • Contact for pricing

      KY, Bowling Green - State St

      922 State St, Bowling Green, KY 42101
      View Details
    • Contact for pricing

      Retail Space Near Downtown Parks

      Retail space for lease near Fountain Square and Circus Square Parks.
      736 College Street, Bowling Green, KY 42101
      View Details
    • $1,769,000 SF/Yr

      7 Brew Ground Lease Investment

      NNN ground lease with zero landlord responsibility in Bowling Green.
      2980 Scottsville Rd, Bowling Green, KY 42104
      View Details
    • $17 SF/Yr

      Medical/Dental Office Space Available

      Endcap shell space near retail, restaurant, and office spaces.
      727 Us 31w Byp, Bowling Green, KY
      View Details
    • Contact for pricing

      Industrial Space Available for Lease

      Industrial space for lease with ample square footage and parking.
      4811-4813 Nashville Rd, Bowling Green, KY
      View Details
    • $15 SF/Yr

      Bowling Green Office Space Available

      Office space for rent in Bowling Green, Kentucky.
      446 E Main Ave, Bowling Green, KY
      View Details
    • $9 SF/Yr

      Constructed Office Space For Lease

      Up to 27,500 SF of fully constructed office space.
      5557 Nashville Rd, Bowling Green, KY
      View Details
    • $12 SF/Yr

      Office Space with Separate Entrance

      Office space available for rent with dedicated entrance and parking.
      813 College St, Bowling Green, KY
      View Details
    • Contact for pricing

      Bowling Green Commercial Space Available

      Office, industrial, and retail spaces available for rent.
      2575 Louisville Rd, Bowling Green, KY 42101
      View Details
    • $30 SF/Yr

      Prime Retail Space on US 31W

      Retail space with drive-thrus near Medical Center and I-65.
      651 US 31W Byp, Bowling Green, KY
      View Details
    • $27 SF/Yr

      Office Space on Scottsville Road

      Efficient office space with frontage on Scottsville Road.
      1403 Scottsville Rd, Bowling Green, KY
      View Details

    FAQs

    What type of property is this?
    Commercial land - Up to 20 acres of heavy industrial land available.
    Where is this commercial land located?
    The property is located at 759 Hennessy Way Bowling Green, KY.
    What are key features of this property?
    This property features: Up to 20 acres of Heavy Industrial land available for lease.; Owner willing to build to suit for qualified tenants.; Can subdivide into smaller tracts to suit tenant needs.
    (270) 782-1811
    We can help!
    Listing Contact
    Caleb Hastings
    Real Estate License ID: 169242
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    759 Hennessy Way, Bowling Green, KY 42101
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!