979 Moorman Ln Bowling Green, KY 42101
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 979 Moorman Ln
- Property type
- Commercial real estate
Description
This exceptional 35.5-acre property in Bowling Green, Kentucky, presents a compelling investment opportunity. Located on Moorman Lane, it boasts convenient access to I-65 exit 28 and the Kentucky Transpark, a thriving business hub with over 6,000 projected employees, including the new EV Electric Battery plant. The site's strategic position benefits from the area's robust economic growth and significant housing demand. A 2023 Housing Needs Assessment for Bowling Green-Warren County indicates a need for over 14,000 residential units in the next five years, making this land ideally suited for a residential development. The property includes 23.35 acres zoned RM-3 and R-E, with an additional 10 acres available for potential expansion. A concept plan has already been approved for 187 zero lot line, two-story townhouses, each a minimum of 1,400 square feet. This location offers easy access to major US markets, situated within a day's drive of 60% of them. Bowling Green itself is a vibrant city, home to General Motors Corvette Assembly plant, Western Kentucky University, the National Corvette Museum, and a flourishing downtown area. This property represents a rare chance to capitalize on the region's growth and contribute to meeting the area's significant housing needs. The asking price is $1,699,900. The address is 979 Moorman Lane, Bowling Green, KY 42101.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bowling Green
- County
- Warren
- State
- Kentucky
- Longitude
- -86.378321
- Latitude
- 37.030654
