Multi-Family Development Ready
For Sale
Contact for pricing
265 Walnut Creek Dr, Bowling Green, KY 42101
Land approved for multi-family development with permits in place.
Property SizeContact for details
Days on Market193
Property Features for 265 Walnut Creek Dr
General Information
Standard status
Active
Property subtype
Land, Multifamily
Zoning
RM 4 Multifamily
Building Details
Units
480
Listing Agency:
Keller Williams First Choice Realty
(270) 305-6539
Listed By:
Lee Ervin · License #223291
Source:
Crexi
Added: Feb 13
Changed: Aug 8
Last Checked: Jul 16 at 11:59AM
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 Keller Williams First Choice Realty
Investment Insights
Based on property information with market context.
This property is prime RM-4 zoned land approved for multi-family development. All permits and entitlements are in place, and full site and architectural plans are available. Construction can begin immediately on up to 480 apartment units. Owner financing options are available with qualifying terms. The site is positioned in Bowling Green, Kentucky, strategically located off Interstate 165 with convenient access to I-65. Bowling Green lies approximately 60 miles north of Nashville and 110 miles south of Louisville. It is also minutes from Western Kentucky University (WKU). Recent estimates place Bowling Green’s population near ~79,000 (2024) and Warren County’s around ~147,900. Bowling Green and Warren County were ranked #1 nationally among metros under 200,000 in economic development performance. This location is suitable for a residential community.
Key Highlights
- RM‑4 zoned land approved for multi‑family development with permits and entitlements in place, ready for immediate construction of up to 480 apartment units.
- Owner financing options available with qualifying terms.
- Strategically located off Interstate 165, with convenient access to I‑65, offering excellent regional connectivity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land approved for multi-family development with permits in place.
Where is this residential land & home lot located?
The property is located at 265 Walnut Creek Dr Bowling Green, KY.
What is the asking price?
The asking price for this property is $4,874,000.
What are key features of this property?
This property features: RM‑4 zoned land approved for multi‑family development with permits and entitlements in place, **ready for immediate construction of up to 480 apartment units.**; Owner financing options available with qualifying terms.; Strategically located off Interstate 165, with convenient access to I‑65, offering excellent regional connectivity.
