1609 Sharon Dr Bowling Green, KY 42101
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.
-
Myanmar Assembly Of GOD(MAG) Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.