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Property profile & analytics
OFF-MARKET
Estimated value
$13,430,000
Community centers
1751 Scottsville Rd Bowling Green, KY 42104-3357
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US34-0666196
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1969
Construction
CONCRETE
Total area
142,199 SF
Lot
12.95 ac (564,102 SF)
APN
040B-42-037
UPID
US34-0666196
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
-
Geno's Italian Deli Restaurant
-
Bluegrass Outpatient Center - Just for Women Physical Therapy Medical Clinic
-
Bluegrass Outpatient Center Physician
-
Super Home Center Carpet & Flooring Store Hardware & Home Improvement
-
Cotton BBQ Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.43M
Owner & transaction history
Ashley Ctr LLC · 3 yrs held
Ashley Ctr LLC
since 2023
Last sale
$14.0M
1 recorded transaction
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
Method
Estimation
Statistic approach
$12,285,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$21,395,000
Change: 0% · Conversion: Moderate
RETAIL STORES
$16,090,000
Change: 0% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$12,710,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$10,500,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$13.43M
Range $12.09M – $14.77M · ±10% · vs last sale $14.00M (Feb 28 2023)
Last sale anchor
$14.00M
Feb 28 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$94 / SF
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
$23,015
Tax year 2023
Assessed value
$6,860,000
Assessed 2023
Previous assessed
$6,860,000
+0.0% YoY
Effective rate
0.34%
On assessed value
Total market value
$6,860,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1969
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
142,199 SF
Lot
12.95 ac (564,102 SF)
APN
040B-42-037
UPID
US34-0666196
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$21.4M
RETAIL STORES
Est. value
$16.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.7M
WAREHOUSE, STORAGE
Est. value
$10.5M
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1969
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
12.95 ac
Current owner
From public records · entity-resolved
Ashley Ctr LLC
Entity
Free & Clear · 3 yrs held
Mailing address
115 CORPORATE CT, BOWLING GREEN, KY 42103-7026
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2023
$14,000,000
Ashley Ctr LLC
Ashley Center INC
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.
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