New search
Property profile & analytics
OFF-MARKET
Office buildings
1111 Shive Ln, Bowling Green, KY 42103-8051
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US34-0642864
Property summary
AI-generated overview
This exceptional 968-square-foot creative office condominium is ideally situated on the second floor of Tower Place, conveniently located off Scottsville Road in Bowling Green, Kentucky, behind Walgreens and Starbucks. The unit features an open floor plan, perfect for a variety of business configurations. A built-in kitchenette and restroom add convenience and functionality. Large windows throughout the space provide ample natural light, creating a bright and inviting work environment. The property is offered for lease as a single-tenant space in Warren County, Kentucky, with a zip code of 42103. The address is 1111 Shive Ln, Bowling Green, KY. In addition to the base rent, there is a common area maintenance (CAM) charge of $4 per square foot per year. This property is also available for purchase at $220,000. This presents a unique opportunity to own or lease a well-located, versatile office space in a thriving Kentucky community.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
FRAME
Total area
936 SF
Lot
0.02 ac (871 SF)
APN
052A-04E-105
UPID
US34-0642864
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
-
Noland Insurance Insurance Agency
-
Rios Insurance Group Insurance Agency
-
American Land and Farm Real Estate Agency
-
Industrial Controls Automation Business To Business Service Automation Company
-
Tower Place Hair & Nail Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Conejo Eder · 2 yrs held
Conejo Eder
since 2024
Last sale
$305,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bowling Green submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bowling Green submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,042
Tax year 2023
Assessed value
$121,500
Assessed 2023
Previous assessed
$121,500
+0.0% YoY
Effective rate
0.86%
On assessed value
Total market value
$121,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Construction
FRAME
Heating
NONE
Stories
2
Total area
936 SF
Lot
0.02 ac (871 SF)
APN
052A-04E-105
UPID
US34-0642864
Jurisdiction
WARREN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2003
Construction
FRAME
Heating
NONE
Stories
2
Lot
0.02 ac
Current owner
From public records · entity-resolved
Conejo Eder
Individual
Mailing address
701 LINKSIDE LN, BOWLING GREEN, KY 42103-7808
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2024
$185,000
Conejo Eder
Titan Properties LLC
Deed
$185,000 · Independence Bank Of Kentucky
Sep 8, 2023
$305,000
Titan Properties LLC
Dunree Capital INC
Deed
$196,083 · The German American Bank
Jun 13, 2023
$180,000
Tj Rock Prop Ltd Liability Prtnrshp
Jerel D Noland
Deed
$144,000 · Edmonton State Bank
Nov 2, 2022
—
Boom Properties LLC
—
Deed
related
$87,000 · Farmers Bank & Trust
May 18, 2022
$185,000
Ran Holdings LLC
Jlsc Properties LLC
Deed
$175,000 · Monticello Banking Co
Apr 6, 2022
$200,000
Elite Chicken LLC
Ran Holdings LLC
Deed
$160,000 · First Financial Bank
Dec 17, 2021
$175,000
The Loft Md Salon And Color Studio
Terrill A Garmon
Deed
—
Nov 15, 2019
$105,000
Boom Property LLC
Curtis Rafferty
Deed
$89,250 · Branch Banking And Trust Co
Mar 5, 2019
—
Joe Lance Atkinson
—
Deed
related
$75,500 · Independence Bank Of Kentucky
Oct 25, 2018
—
Dunree Capital INC
Midwest Equities LLC
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1111 Shive Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
