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    4720 Bowling Green Rd Franklin, KY 42134

    Sponsored
    For Sale
    $16,900,000

    250,000 SF Distribution Center, $16.9M

    Property size:
    250,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 250,000-square-foot industrial distribution center in Franklin, Kentucky. Located on approximately 26 acres of land and zoned I-2 Heavy Industrial, the property boasts a strategic location adjacent to a rail line, ensuring superior transportation access. The building features ceiling heights ranging from 19'9" to 44'4", accommodating a variety of industrial uses. Currently, 160,600 square feet are leased to established tenants, providing a stable income stream. The remaining 80,400 square feet of vacant space offers significant potential for increased rental income or customized tenant improvements. The property benefits from heavy electrical power and is priced at $16,900,000, or $67.60 per square foot. This prime location in Simpson County, KY, zip code 42134, offers investors a chance to acquire a partially leased industrial asset with substantial growth potential. The property's size, location, and existing lease income make it an attractive investment in the thriving Kentucky market. This is a rare opportunity to acquire a significant industrial property with immediate income and long-term upside. The combination of existing tenants and available space provides flexibility for various investment strategies. The property's proximity to rail significantly enhances its logistical advantages.

    Property Features for 4720 Bowling Green Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    250,000 SF
    Lot Size
    1,132,560 SF

    Building Details

    Buildings
    1

    HighLights

    • Partially Leased Industrial Building for Sale
    • 250,000 SF Building on 26 Acres
    • 80,400 SF of Vacant Space Available
    • Heavy Power & Rail Access
    • I‑2 Heavy Industrial Zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    Luvata Franklin Inc Hvac Contractor Carrier Air Conditioning Contractor Virtus Precision Tubing Manufacturer

    Suggested Use

    Restaurant Kitchen & Bath Electronics Store HVAC Service Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Simpson
    State
    Kentucky
    Longitude
    -86.5633372
    Latitude
    36.7889261

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    FAQs

    What type of property is this?
    Distribution property - 250,000 SF Distribution Center, $16.9M
    Where is this distribution property located?
    The property is located at 4720 Bowling Green Rd Franklin, KY.
    What is the asking price?
    The asking price for this property is $16,900,000.
    What are key features of this property?
    This property features: Partially Leased Industrial Building for Sale; 250,000 SF Building on 26 Acres; 80,400 SF of Vacant Space Available
    Request Owner's contact information
    4720 Bowling Green Rd Franklin, KY 42134
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    Franklin, KY 42134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4720 Bowling Green Rd Franklin, KY 42134
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