Live-Work Property with
For Sale
$395,000
627 Pleasant Hill Road, Bowling Green, KY 42103
A separate residence, conditioned work area, and enclosed drive-through bay bring living and vehicle storage together.
Property Size3,000 SF
Lot Size1.00 Acre
Price / SF$131.67
Days on Market73
Property Features for 627 Pleasant Hill Road
General Information
Standard status
Active
Size
3,000 SF
Lot size
1.00 Acre
Property subtype
Farm
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Amenities
Attic Storage
Covered Front Porch
Exterior Lights
Garden Area
Building Details
Building Size
3,000 SF
Year Built
2025
Buildings
1
Listing Agency:
Elmore Real Estate
Listed By:
Jeff Hinkley · License #193375
(270) 646-5962
Source:
Elmorerealestate
Added: Aug 13
Changed: Oct 23
Last Checked: Oct 23 at 5:37PM
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 Elmore Real Estate
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Investment Insights
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Built in 2025 on a monolithic concrete slab, this live-work property provides approximately 3,000 square feet under roof. The layout pairs one-bedroom living quarters with a 1,200-square-foot climate-controlled workshop and a separate 1,200-square-foot storage bay. The 30-by-40-foot workshop has 12-foot ceilings, insulated 8-by-10-foot overhead doors, LED lighting, a dedicated mini-split, and a private half bath with a toilet and mop sink. It is also wired for a future vehicle lift.
The adjoining 20-by-60-foot bay has 12-foot ceilings and insulated 10-by-14-foot overhead doors at both ends for drive-through access. Living space includes an eat-in kitchen, bedroom with walk-in closet, full bathroom with walk-in shower, and dedicated laundry room. A covered concrete porch extends along one side and part of the front. The level one-acre parcel has county water, septic, no HOA, and a wooded backdrop. The property is minutes from I-65, the National Corvette Museum, NCM Motorsports Park, Beech Bend Raceway, and Barren River Lake.
The adjoining 20-by-60-foot bay has 12-foot ceilings and insulated 10-by-14-foot overhead doors at both ends for drive-through access. Living space includes an eat-in kitchen, bedroom with walk-in closet, full bathroom with walk-in shower, and dedicated laundry room. A covered concrete porch extends along one side and part of the front. The level one-acre parcel has county water, septic, no HOA, and a wooded backdrop. The property is minutes from I-65, the National Corvette Museum, NCM Motorsports Park, Beech Bend Raceway, and Barren River Lake.
Key Highlights
- 2025 construction with approximately 3,000 sq ft under roof on a one‑acre lot
- 1,200 sq ft climate‑controlled workshop with 12‑foot ceilings and a dedicated mini‑split
- Workshop has insulated 8ft x 10ft overhead doors and wiring for a future vehicle lift
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,830
Cap Rate
8.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$696,600
$696.6K
Cap Rate 7%
$497,571
$497.6K
Cap Rate 9%
$387,000
$387.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$54.0K $18.00/SF
− Vacancy
−$7.6K −$2.52/SF
EGI
$46.4K $15.48/SF
− OpEx
−$11.6K −$3.87/SF
NOI
$34.8K $11.61/SF
Area
Warren County, KY
Vacancy
14.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$696,600
Cap Rate 7%
$497,571
Cap Rate 9%
$387,000
Alternative Uses
Best Use
Office B
$497.6K
$435.4K – $580.5K
NOI $34,830 @ 7.0% cap · market cap 8.82%
Second Best
Mixed Use
$401.4K
$351.2K – $468.3K
NOI $28,097 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$662.6K
$579.8K – $773.0K
NOI $46,380 @ 7.0% cap · market cap 11.74%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
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Business Placement
Demographics for 42103, KY
22,106
Population
10,339
Households
2.1
Avg Household Size
39
Median Age
49%
College-Educated
95%
High-School Grad
70.4 sq mi
ZIP Area
314
Density / Sq Mi
$84,624
Median Household Income
$45,598
Median Earnings
$1,104
Median Rent
$303,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - A separate residence, conditioned work area, and enclosed drive-through bay bring living and vehicle storage together.
Where is this live-work space located?
The property is located at 627 Pleasant Hill Road Bowling Green, KY.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 2025 construction with approximately 3,000 sq ft under roof on a one‑acre lot; 1,200 sq ft climate‑controlled workshop with 12‑foot ceilings and a dedicated mini‑split; Workshop has insulated 8ft x 10ft overhead doors and wiring for a future vehicle lift
