550 Kelly Rd Bowling Green, KY 42101-9557
This exceptional investment opportunity presents a 12,500-square-foot flex space property located at 550 Kelly Road in Bowling Green, Kentucky's North Warren submarket. The property consists of two buildings totaling 12,500 square feet on an 85,198-square-foot lot. The front building, constructed in 2007, offers approximately 1,600 square feet of first-floor office space, 1,400 square feet of second-floor office space, and 5,150 square feet of warehouse area. The rear building, a 5,750-square-foot steel structure, features seven drive-in doors, ideal for efficient loading and unloading. The property boasts a 16-18-foot ceiling height, providing ample vertical space for various industrial uses. The entire 12,500 square feet is currently vacant, presenting a blank canvas for a new tenant. The property is classified as Class C and is zoned HI, allowing for a wide range of industrial and flex-space activities. Surface parking is available. This property is situated in Warren County, Kentucky, with the address 550 Kelly Rd, Bowling Green, KY 42101. The property's strategic location within the thriving North Warren submarket offers excellent access to transportation routes and a strong workforce. This presents a rare opportunity to acquire a well-maintained, versatile industrial property in a desirable location. The property's size, features, and zoning make it an attractive option for businesses seeking efficient and flexible space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.