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    Industrial Warehouse Property Title is generated by Realmo AI

    463 Commerce Street, Bowling Green, KY 42101

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    For Sale
    $569,500

    For sale industrial warehouse on 1.84 acres with a 5,400 SF building, suited for light industrial storage and operations.

    Type:Industrial
    Property size:
    5,400 SF
    Lot size:
    1.84 Acres
    Price / SF:
    $105/SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 2 at 2:20 am

    Property Features for 463 Commerce Street

    General Information

    Standard status
    Active
    Size
    5,400 SF
    Lot size
    1.84 Acres
    Property subtype
    Industrial

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    Listing Contact
    Michael Peinado

    Listing agent Michael Peinado

    Listing office

    Listing date Jun 2, 2026

    Source Lpc

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Michael Peinado

    HighLights

    • 1.84‑acre lot with a 5,400 SF industrial building
    • Industrial warehouse suited for light industrial storage and operations

    Overview

    This for-sale industrial warehouse property includes a 1.84-acre lot and a 5,400 SF building, offering a straightforward configuration for storage and operational needs. The asset size supports practical on-site staging and work-flow flexibility for warehouse users seeking room to operate from one facility.

    Located at 463 Commerce Street in Bowling Green, KY, the property is positioned on its own parcel, which can be advantageous for tenants and owners who prefer direct control over their site and vehicle use area. The package is built around the combination of land area and building space, giving buyers options for current use and future adjustments within the existing footprint.

    From a leasing and investment standpoint, this warehouse is a good fit for users looking for a manageable size industrial facility rather than a specialized asset. It can work for light industrial storage, distribution, and general warehousing operations where the key requirements are dependable indoor space and sufficient outdoor area for day-to-day logistics. Buyers may also consider it as a small-scale industrial hold for tenants seeking an economical, functional warehouse base.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $44.1k $8.16
    − Vacancy −$2.4k −$0.45
    EGI $41.6k $7.71
    − OpEx −$6.2k −$1.16
    NOI $35.4k $6.55
    5,400 SF · lease $8.16/SF/yr · vacancy 5.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $505.6K
    $442.4K – $589.9K (±1% cap)
    NOI $35,394 @ 7.0% cap · market cap 6.21%
    Second Best
    Industrial
    $397.2K
    $347.5K – $463.4K (±1% cap)
    NOI $27,803 @ 7.0% cap · market cap 4.88%
    Theoretical Best
    Office A
    $1.19M
    $1.04M – $1.39M (±1% cap)
    NOI $83,483 @ 7.0% cap · market cap 14.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Schwan’s Home Service Association / Organization

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center

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

    Similar Places Nearby

    • Records Management Services 93 Parker Ave, Bowling Green, KY 42101
    • Plum Springs Mini-Storage 144 Proctor Trail, Bowling Green, KY 42101
    • Plum Springs Storage bowling green, ky 42101
    • Affordable Self Storage (NorthGate) 211 Parker Ave, Bowling Green, KY 42101
    • U-Pack 543 Plum Springs Loop, Bowling Green, KY 42101

    Location Insight

    • Map
    • Local Demand
    City
    Bowling Green
    County
    Warren
    State
    Kentucky
    Longitude
    -86.3872306
    Latitude
    37.0176263

    FAQs

    What type of property is this?
    Warehouse - For sale industrial warehouse on 1.84 acres with a 5,400 SF building, suited for light industrial storage and operations.
    Where is this warehouse located?
    The property is located at 463 Commerce Street Bowling Green, KY.
    What is the asking price?
    The asking price for this property is $569,500.
    What are key features of this property?
    This property features: 1.84‑acre lot with a 5,400 SF industrial building; Industrial warehouse suited for light industrial storage and operations
    More about this property
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