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Property profile & analytics
OFF-MARKET
Estimated value
$1,170,000
Industrial properties
3100 Industrial Dr Bowling Green, KY 42101-4069
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US34-0626948
Property summary
AI-generated overview
This exceptional .70-acre industrial lot presents a unique investment opportunity in Bowling Green, Kentucky. Located at 3100 Industrial Dr, this property boasts 200 feet of frontage on Fitzgerald Industrial Drive, offering excellent visibility and accessibility. The lot is conveniently situated just off Dishman Lane and near US31W, providing easy access to major transportation routes. Its proximity to the South Central Kentucky Industrial Park and I-165 (William Natcher Parkway) further enhances its strategic location within a well-established industrial area. Currently platted and featuring a gravel surface, this property is zoned for Heavy Industrial use (HI), providing significant flexibility for a wide range of industrial projects. The HI zoning also presents potential for future commercial transitions, depending on local regulations and approvals. This rare land opportunity is priced at $400,000 and offers significant potential for development in a thriving industrial sector. The address is within Warren County, Kentucky, zip code 42101. This is a prime location for businesses seeking a strategic foothold in a dynamic and growing industrial area.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1988
Construction
STEEL FRAME
Total area
8,560 SF
Lot
1.38 ac (60,113 SF)
APN
041B-32
UPID
US34-0626948
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
-
C P Truck Repair Auto Repair Shop
-
Merdzic Truck Center Auto Repair Shop
-
24 Express LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.17M
Owner & transaction history
Kham Lim LLC · 3 yrs held
Kham Lim LLC
since 2022
Last sale
$1.2M
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
$1,075,000
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
$985,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$925,000
Change: 0% · Conversion: Easy
RETAIL STORES
$910,000
Change: 0% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$765,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.29M · ±10% · vs last sale $1.22M (Nov 8 2022)
Last sale anchor
$1.22M
Nov 8 2022
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
$137 / 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
$6,603
Tax year 2023
Assessed value
$770,000
Assessed 2023
Previous assessed
$735,000
+4.8% YoY
Effective rate
0.86%
On assessed value
Total market value
$770,000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
8,560 SF
Lot
1.38 ac (60,113 SF)
APN
041B-32
UPID
US34-0626948
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
$985,000
AUTO REPAIR, GARAGE
Est. value
$925,000
RETAIL STORES
Est. value
$910,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$765,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1988
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Kham Lim LLC
Entity
Mailing address
2951 MDW RDG CT, BOWLING GREEN, KY 42104-4716
Ownership since
2022
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
Nov 8, 2022
$1,220,000
Kham Lim LLC
Suvad Hrustanovic
Deed
$520,000 · Farmers Bank & Trust
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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