Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1945 Scottsville Rd Bowling Green, KY 42104

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Class A Office Suites, Bowling Green, KY

    Lot size:
    4,936 SF

    Property Features for 1945 Scottsville Rd

    General Information

    Property type
    Industrial properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,936 SF
    Class
    A
    Total Rate
    9460.67

    Spaces For Lease

    at 1945 Scottsville Rd, Bowling Green, KY 42104 Contact us
    Unit Suite 205 Bldg. I

    $23 /Mo

    Size
    2,185 SF
    Contact us
    Unit Suite 112, Building I

    $23 /Mo

    Size
    2,300 SF
    Contact us

    We can help!

    Listing Contact
    Alex Nottmeier
    Alex Nottmeier

    Listing Agency: Neal Turner Realty Listing Agent: Alex Nottmeier

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional Class A office property, located at 1945 Scottsville Rd in Bowling Green, Kentucky, offers 4,936 square feet of immediately available space. The building is currently fully vacant and presents a unique opportunity for a single tenant or multiple tenants seeking executive office space. The property is classified as both Office and Industrial, making it suitable for a variety of businesses. The minimum divisible space is 2,000 square feet, with a maximum contiguous space also of 2,000 square feet. This means that while the entire 4,936 square feet is available, it can be divided into at least two 2,000 square foot units. The property is situated in Warren County, Kentucky, with a convenient Bowling Green address and zip code 42104. This location offers excellent accessibility and visibility for businesses seeking a prominent presence in the area. The building's high-quality construction and "Class A" designation reflect its modern amenities and superior design. This is an ideal opportunity for businesses seeking a prestigious and functional workspace in a thriving Kentucky market. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this exceptional property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The UPS Store Courier Service Hall Heating & Air HVAC Service Meridian Leasing Corporation Financial Advisor Ramona Cochran, Bankers ... Insurance Agency Bankers Life Financial Advisor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Bowling Green
    County
    Warren
    State
    Kentucky
    Longitude
    -86.4316605
    Latitude
    36.9628196

    Nearby Similar for Lease

    • Contact for pricing

      KY, Bowling Green - 922 State Street

      Workspaces, services and support to help you work better in Frisco Square
      922 State St, Bowling Green, KY 42101
      View Details
    • Sponsored
      Contact for pricing

      KY, Bowling Green - State St

      Discover many ways to work your way in Greenwich
      922 State St, Bowling Green, KY 42101
      View Details
    • Contact for pricing
      15,682 SF

      Retail Space Near Downtown Parks

      Retail space for lease near Fountain Square and Circus Square Parks.
      736 College St, Bowling Green, KY 42101
      View Details
    • $27 SF/Yr
      1,500 SF

      Office Space on Scottsville Road

      Efficient office space with frontage on Scottsville Road.
      1403 Scottsville Rd, Bowling Green, KY 42104
      View Details
    • $15 SF/Yr
      8,100 SF

      Bowling Green Office Space Available

      Office space for rent in Bowling Green, Kentucky.
      446 E Main Ave, Bowling Green, KY 42101
      View Details
    • $9 SF/Yr
      27,500 SF

      Constructed Office Space For Lease

      Up to 27,500 SF of fully constructed office space.
      5557 Nashville Rd, Bowling Green, KY 42101
      View Details
    • Contact for pricing
      14,564 SF

      Freestanding Retail Space Available

      Former drug store available for lease with high traffic.
      2380 Nashville Rd, Bowling Green, KY 42101
      View Details
    • $1,769,000

      7 Brew Ground Lease Investment

      NNN ground lease with zero landlord responsibility in Bowling Green.
      2980 Scottsville Rd, Bowling Green, KY 42104
      View Details
    • $6 SF/Yr
      53,000 SF

      Warehouse Distribution Facility For Rent

      Multi-tenant warehouse in South Central Kentucky Industrial Park.
      250 Mitch Mcconnell Way, Bowling Green, KY 42101
      View Details
    • Contact for pricing

      Retail Space in Bowling Green

      Retail space available in new development anchored by Publix.
      Dillard & Nashville Rd, Bowling Green, KY 42101
      View Details
    • Contact for pricing
      3,000 SF

      Medical/Dental Office Space Available

      Endcap shell space near retail, restaurant, and office spaces.
      727 Us 31W Byp, Bowling Green, KY 42101
      View Details
    • Contact for pricing
      1,450 SF

      Bowling Green Office Space Available

      Office space for rent, near Bowling Green Senior High.
      1724 Rockingham Ave, Bowling Green, KY 42104
      View Details

    FAQs

    What type of property is this?
    Industrial property - Class A Office Suites, Bowling Green, KY
    Where is this industrial property located?
    The property is located at 1945 Scottsville Rd Bowling Green, KY.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 4,936 SF Class A office/industrial building available in Bowling Green, KY.; Building is fully vacant, divisible into minimum 2,000 SF units.; Fully serviced lease with on-site property management.
    (270) 781-8000 Call to check price and availability
    Request Owner's contact information
    1945 Scottsville Rd Bowling Green, KY 42104
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1945 Scottsville Rd
    Bowling Green, KY 42104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1945 Scottsville Rd Bowling Green, KY 42104
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Alex Nottmeier
    Alex Nottmeier
    Real Estate License ID: 195310
    (270) 781-8000 (270) 796-0011
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!