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Entitled Multifamily Development Land
For Sale
$3,150,000

6698 Nashville Rd, Bowling Green, KY 42101

Fully entitled site for 216 Class A apartment units with rezoning secured and shovel-ready development planning complete.

Property SizeContact for details
Lot Size14.89 Acres
Days on Market78

Property Features for 6698 Nashville Rd

General Information

Standard status Active
Class A
Lot size 14.89 Acres
Property subtype Land
Zoning RM-4

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 216

Building Details

Year Built 1865
Stories 3
Listing Agency: SVN | Accel Commercial Real Estate
Listed By: Kunal Patel, CCIM
Source: Accelcre
Added: Jun 7 Changed: Aug 8 Last Checked: Jul 16 at 6:34AM

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 SVN | Accel Commercial Real Estate

Investment Insights

Based on property information with market context.

The offering is a fully entitled multifamily development site approved for 216 Class A apartment units on 14.89 acres. The project includes a secured FLUM amendment and RM-4 rezoning, with a preliminary plat and ALTA survey already completed. The preliminary development program anticipates up to 3 stories and includes planning for nine buildings within the approved concept.

The site is positioned along Nashville Road (US 31-W) with high-visibility frontage on a state highway corridor. The property has approximately 100 feet of right-of-way and is adjacent to a Publix Grocery Store currently under construction as part of a larger mixed-use development. The seller also notes no flood risk, with the parcel designated Zone X and no wetlands identified.

For developers and investors seeking an entitlements-forward pathway to vertical construction, the secured rezoning, completed preliminary plat and survey, and stated “shovel-ready” status are practical components for moving through final design and permitting. The listing also indicates Warren County water and public sewer are located within 2,000 feet, supporting site development planning.

Key Highlights

  • Fully entitled 14.89‑acre multifamily development site approved for 216 Class A apartment units
  • RM‑4 rezoning secured with FLUM amendment; preliminary plat and ALTA survey complete for shovel‑ready vertical development
  • Proposed plan includes 9 buildings with up to 3 stories and 14.52 DU/acre density

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Parts Store HVAC Service Electrical Service Building Supply Plumbing Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

216
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby

Demographics for 42101, KY

64,444
Population
26,062
Households
2.5
Avg Household Size
30
Median Age
20%
College-Educated
83%
High-School Grad
281.0 sq mi
ZIP Area
229
Density / Sq Mi
$49,045
Median Household Income
$26,564
Median Earnings
$905
Median Rent
$188,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Fully entitled site for 216 Class A apartment units with rezoning secured and shovel-ready development planning complete.
Where is this residential land & home lot located?
The property is located at 6698 Nashville Rd Bowling Green, KY.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Fully entitled 14.89‑acre multifamily development site approved for 216 Class A apartment units; RM‑4 rezoning secured with FLUM amendment; preliminary plat and ALTA survey complete for shovel‑ready vertical development; Proposed plan includes 9 buildings with up to 3 stories and 14.52 DU/acre density
More about this property
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