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    2420 New Bowling Green Rd Glasgow, KY 42141

    For Sale
    $1,495,000

    9.46 Acres, High-Traffic Location, B-3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 9.46-acre commercial land parcel presents a prime investment opportunity in Glasgow, Kentucky. Strategically located on highly visible Highway 68-80 and Veterans Outer Loop, this property boasts significant road frontage: 665 feet on Hwy 68-80 and 1,105 feet on Veterans Outer Loop, ensuring maximum exposure for any business venture. The property is zoned B-3 Highway Service Business District, allowing for a wide range of commercial uses. The asking price is $1,495,000, translating to $158,033 per acre. Existing improvements include a brick ranch home and a barn, adding potential value or redevelopment options. The home will be shown only after a satisfactory offer is received. This location offers unparalleled access to high traffic counts and excellent visibility, making it ideal for a variety of commercial developments. The property's size and zoning provide ample flexibility for future expansion and development. This is a rare opportunity to acquire a substantial commercial property in a thriving Kentucky market. Don't miss this chance to secure a prime location with significant potential for growth and return on investment. The address is 2420 New Bowling Green Rd, Glasgow, KY 42141.

    Property Features for 2420 New Bowling Green Rd

    General Information

    Property type
    Land
    Lot Size
    412,078 SF

    HighLights

    • $1,495,000 asking price for 9.46 acres of commercial land.
    • Located in Glasgow, KY, at 2420 New Bowling Green Rd, zip code 42141.
    • B‑3 Highway Service Business District zoning.
    • Land value: $158,033/acre.
    • Property includes a brick ranch home and barn (shown after acceptable offer).
    • 665' frontage on Hwy 68‑80 and 1,105' frontage on Veterans Outer Loop.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Kitchen & Bath Food Market Grocery Store Garden Center Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Glasgow
    County
    Barren
    State
    Kentucky
    Longitude
    -85.952383668516
    Latitude
    37.012654103374

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    FAQs

    What type of property is this?
    Land - 9.46 Acres, High-Traffic Location, B-3 Zoning
    Where is this land located?
    The property is located at 2420 New Bowling Green Rd Glasgow, KY.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: $1,495,000 asking price for 9.46 acres of commercial land.; Located in Glasgow, KY, at 2420 New Bowling Green Rd, zip code 42141.; B-3 Highway Service Business District zoning.
    Request Owner's contact information
    2420 New Bowling Green Rd Glasgow, KY 42141
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    Glasgow, KY 42141
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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
    2420 New Bowling Green Rd Glasgow, KY 42141
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