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Steel Barndominium with Workshop

632 Matlock Road Bowling Green, KY 42101

632 Matlock Road, Bowling Green, KY, 42101
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For Sale
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Custom iron barndominium with a 75' x 75' workshop, poured concrete floor, drains, and epoxy finish.

Property Size7,500 SF
Price / SF$166.67
Days on Market75

Property Features for 632 Matlock Road

General Information

Standard status
Active
Size
7,500 SF
Property subtype
Special Purpose

Building Details

Year Built
2005
Listing agency Coldwell Banker Commercial Legacy Group
Listed by Timothy Page · License #KY
Source Crexi
Added: May 8 Updated: Jul 21 at 2:57AM Checked: Jul 21 at 2:57AM

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 Coldwell Banker Commercial Legacy Group


Investment Insights

Based on property information with market context.

This custom-built iron barndominium spans 100' x 75' and includes multiple insulated drive-through doors, skylights, and an enclosed electrical system in custom metal conduit. The 75' x 75' workshop area features a poured concrete floor with drains and an epoxy finish, along with exhaust fans, an overhead gas heater, and circulation fans. Lighting includes 16 mercury vapor industrial lights and fluorescent emergency lighting.

Additional features include a laundry space with an included washer and dryer, security lighting, and cupolas. The property also offers a 75' x 25' loft for extra storage, with potential for additional living or bedroom space. On the service side, there are two 50-amp RV hookups and a full dump service station. The interior living area was recently updated with an owner’s suite with a 1.5 bathroom, and includes a kitchen.

Key Highlights

  • Custom 100' x 75' iron barndominium built in 2005 with 2 skylights
  • Drive‑through insulated doors: 2 doors measuring 14' x 12' and 4 doors measuring 12' x 12'
  • 75' x 75' workshop with poured concrete floor with drains and epoxy finish

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 $61.2k $8.16
− Vacancy −$3.4k −$0.45
EGI $57.8k $7.71
− OpEx −$8.7k −$1.16
NOI $49.2k $6.55
7,500 SF · lease $8.16/SF/yr · vacancy 5.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$702.3K
$614.5K – $819.3K (±1% cap)
NOI $49,159 @ 7.0% cap · market cap 3.93%
Second Best
Industrial
$551.7K
$482.7K – $643.6K (±1% cap)
NOI $38,616 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M (±1% cap)
NOI $115,949 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Bowling Green Assembly ... Church

Suggested Use

Real Estate Agency Restaurant Storage Facility Gym & Fitness Center Computer & Electronic Repair Travel Agency

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

FAQs

What type of property is this?
Flex space - Custom iron barndominium with a 75' x 75' workshop, poured concrete floor, drains, and epoxy finish.
Where is this flex space located?
The property is located at 632 Matlock Road Bowling Green, KY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Custom 100' x 75' iron barndominium built in 2005 with 2 skylights; Drive‑through insulated doors: 2 doors measuring 14' x 12' and 4 doors measuring 12' x 12'; 75' x 75' workshop with poured concrete floor with drains and epoxy finish
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