1391 Morgantown Rd Bowling Green, KY 42101
Property profile & analytics
1391 Morgantown Rd Bowling Green, KY 42101
- Retail space
- 6,020 SF
- 1.08 lot acres
Property ID
US34-0576967
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Smoke City / (Bike/Boat/Book/etc) Store
- The Grind by Mazing Manny / Gym & Fitness Center
Property Details for 1391 Morgantown Rd
- Year built
- 2005
- Construction
- STEEL FRAME
- Lot size
- 1.08 lot acres
- Property size
- 6,020 SF
- Property type
- Retail space
- APN
- 040A-28-002
- APU
- 040A28002
Description
This exceptional retail property, located at 1391 Morgantown Road in Bowling Green, Kentucky, offers multiple spaces for lease within a 6,020 square foot free-standing building constructed in 2005. The building is situated in Warren County, offering excellent visibility and accessibility. Two spaces are currently available, with sizes ranging from a minimum of 1,456 square feet to a maximum contiguous space of 1,764 square feet. A significant portion of the building, totaling 3,220 square feet, is currently vacant and ready for immediate occupancy. The property benefits from its location as a Walmart outparcel, ensuring high traffic and visibility for potential tenants. The lease rate is $22.00 per square foot plus $3.50 per square foot for operating expenses, or a modified gross rate of $25.50 per square foot. Two end-cap spaces are available, providing prime retail locations with enhanced visibility. This property presents a unique opportunity for businesses seeking high-traffic locations in a thriving Kentucky market. The property's convenient location and flexible space options make it ideal for a variety of retail uses. The building's 2005 construction ensures modern amenities and efficient layouts. Spaces are available for lease starting January 1, 2024. This is an excellent opportunity to establish a strong retail presence in a high-demand area.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $623,000
- AI Estimate
- $623,000
Market price range: $348k - $887kMarket price range: $348k - $887k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $640,000 Current use
- OFFICE BUILDING
- $695,000 Change: +8% Conversion: Easy
- AUTO REPAIR, GARAGE
- $650,000 Change: +2% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $540,000 Change: -16% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bowling Green
- County
- Warren
- State
- Kentucky
- Longitude
- -86.4853
- Latitude
- 36.9883
- CBSA code
- 14540
- CBSA name
- BOWLING GREEN, KY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,145
$0.00
$0.00
$600,000
-
$0.00
$0.00
$600,000
