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Property profile & analytics
OFF-MARKET
Specialty properties

1609 Sharon Dr Bowling Green, KY 42101

3,577 SF 1.19 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3,577-square-foot church building is situated on a 1.19-acre lot in Bowling Green, Kentucky, and is offered for sale at $575,000. The property, located at 1609 Sharon Dr, 42101, boasts a convenient location near Western Kentucky University (WKU) and a variety of retail and service businesses. The building underwent renovations in 2018, including a new roof and HVAC system. Significant upgrades were also made to the parking area, now accommodating 50 vehicles, to better serve a larger congregation. Currently leased month-to-month to the previous owner until the end of January 2025, vacancy is anticipated in the Fall of 2024 as they complete renovations on a new property. This single-unit property is offered as a gross lease and presents a unique opportunity for religious organizations or other suitable buyers. The sale price equates to $160.75 per square foot. The property is in Warren County and offers a prime location for a variety of uses. The sale is a sole ownership opportunity.

Property profile
Verified
Property type Specialty properties
Total area 3,577 SF
Lot 1.19 ac (51,836 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Myanmar Assembly Of GOD(MAG) Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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