Retail Space For
For Sale
Contact for pricing
3156 Nashville Road, Bowling Green, KY 42101
Retail space available for purchase.
Property Size6,461 SF
Price / SF$348.24
Days on Market278
Property Features for 3156 Nashville Road
General Information
Standard status
Active
Size
6,461 SF
Property subtype
Retail
Investment Type
Owner/User
Listing Agency:
CMP Real Estate Group
Listed By:
Jordan Jabbori · License #MI
(248) 538-2000
Source:
Crexi
Added: Jan 23
Changed: Oct 26
Last Checked: Oct 28 at 7:29AM
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 CMP Real Estate Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial real estate property, identified as retail space, is available for sale. The property encompasses a total area of 6461 square feet. It is located on Nashville Road in Bowling Green, Kentucky.
Key Highlights
- No property information provided.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,007
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,420,140
$1.4M
Cap Rate 7%
$1,014,386
$1.0M
Cap Rate 9%
$788,967
$789.0K
Market Conditions
NOI Build-Up for 6,461 SF
Gross rent
$106.2K $16.44/SF
− Vacancy
−$4.8K −$0.74/SF
EGI
$101.4K $15.70/SF
− OpEx
−$30.4K −$4.71/SF
NOI
$71.0K $10.99/SF
Area
Warren County, KY
Vacancy
4.50%
Lease Rate
$16.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,420,140
Cap Rate 7%
$1,014,386
Cap Rate 9%
$788,967
Alternative Uses
Best Use
Retail
$1.01M
$887.6K – $1.18M
NOI $71,007 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.43M
$1.25M – $1.66M
NOI $99,886 @ 7.0% cap · market cap 4.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
38k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 20%
Home Improvements & Furnishings 1%
Caseys
Shops & Services
13,989 visits/mo
0.3 miles
BP
Shops & Services
10,775 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
6,834 visits/mo
0.3 miles
Minit Mart
Shops & Services
4,140 visits/mo
0.3 miles
U-Haul Moving & Storage Of Lost River
Shops & Services
1,350 visits/mo
0.5 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for purchase.
Where is this retail space located?
The property is located at 3156 Nashville Road Bowling Green, KY.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: No property information provided.
