Multi-Unit Flex Warehouse
920 Clay St Bowling Green, KY 42101
920 Clay St, Bowling Green, KY, 42101
$715,000
For Sale
$715,000
Spacious office and warehouse layout with three loading docks and on-site parking on a 0.63-acre lot.
Property Size10,370 SF
Lot Size0.63 Acres
Price / SF$68.95
Days on Market24
Property Features for 920 Clay St
General Information
- Standard status
- Active
- Size
- 10,370 SF
- Lot size
- 0.63 Acres
Listing agency
Benchmark Realty, LLC
(270) 791-8969
Listed by
Adam Brooks
(270) 791-8969
Source
Exprealty
Added: Jun 29 Updated: Jul 22 at 1:59AM Checked: Jul 22 at 7:09AM
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 Benchmark Realty, LLC
Investment Insights
Based on property information with market context.
This outstanding commercial building offers a flexible warehouse configuration with ample office space, including a dedicated meeting area. The property includes two restrooms, one of which is equipped with a full shower, supporting both tenant operations and owner use. Warehouse/storage space is served by three loading docks to accommodate efficient logistics.
The building is situated on a 0.63-acre lot in a convenient Bowling Green location. It is currently configured as income-producing with two tenant-occupied units and a third unit available for lease or owner use, making it well-suited for multi-tenant operation. Generous on-site parking supports tenants and customers.
For sale with a multi-unit setup, the property combines practical distribution features with functional office space for businesses that need both day-to-day work areas and warehouse capabilities.
The building is situated on a 0.63-acre lot in a convenient Bowling Green location. It is currently configured as income-producing with two tenant-occupied units and a third unit available for lease or owner use, making it well-suited for multi-tenant operation. Generous on-site parking supports tenants and customers.
For sale with a multi-unit setup, the property combines practical distribution features with functional office space for businesses that need both day-to-day work areas and warehouse capabilities.
Key Highlights
- 10,370 sq. ft. commercial building on a 0.63‑acre lot in Bowling Green
- Office setup includes a spacious office area and a dedicated meeting area
- Warehouse/storage space with three loading docks for logistics and operations
Local Financial Insights For Industrial
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 | $80.9k | $7.80 |
| − Vacancy | −$4.6k | −$0.44 |
| EGI | $76.3k | $7.36 |
| − OpEx | −$22.9k | −$2.21 |
| NOI | $53.4k | $5.15 |
10,370 SF · lease $7.80/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$971.0K
$849.6K – $1.13M
NOI $67,970 @ 7.0% cap · market cap 9.51%
Second Best
Industrial
$762.8K
$667.4K – $889.9K
NOI $53,393 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$2.29M
$2.00M – $2.67M
NOI $160,319 @ 7.0% cap · market cap 22.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
ECOA
Social Service Agency
Similar For Sale Nearby
Similar Off Market Nearby
- Vette City Catering — 300 E 8th Ave, Bowling Green, KY 42101
FAQs
What type of property is this?
Flex space - Spacious office and warehouse layout with three loading docks and on-site parking on a 0.63-acre lot.
Where is this flex space located?
The property is located at 920 Clay St Bowling Green, KY.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: 10,370 sq. ft. commercial building on a 0.63‑acre lot in Bowling Green; Office setup includes a spacious office area and a dedicated meeting area; Warehouse/storage space with three loading docks for logistics and operations
