Property Details for 0 Parkway St

Property type

Land

Description

This exceptional 19.66-acre property in Bowling Green, Kentucky, presents a remarkable multi-family development opportunity. Located on Southwest Parkway and John D. Jones Road, this site boasts over 850 linear feet of road frontage, providing excellent accessibility. The land is strategically positioned just half a mile from Southern Industrial Park and Sterling Business Park, two major industrial hubs driving significant economic growth in southern Warren County. The property comprises 10.5 acres zoned RM4 (High-Density Multi-Family) and 9.16 acres zoned RM3 (Low-Density Multi-Family), allowing for up to 352 apartment units. This zoning flexibility offers developers considerable versatility in maximizing returns. The property's location within Bowling Green, Kentucky's fastest-growing city, ensures a strong market for high-quality residential housing, catering to the expanding workforce and new residents. This prime location, combined with the substantial acreage and favorable zoning, makes this a truly exceptional investment opportunity in a thriving Kentucky market. The asking price for this exceptional development site is $3,500,000. This is a rare chance to contribute to Bowling Green's continued expansion and secure a significant return on investment. The property's proximity to major employment centers guarantees a consistent demand for housing, making this a sound and lucrative venture. The site is ready for immediate development, offering a unique chance to build a thriving community within a dynamic and growing city.

Location Insight

City

Bowling Green

County

Warren

State

Kentucky

Longitude

-86.5193

Latitude

36.9439