578 Kelly Rd
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578 Kelly Rd
22,400 SF Industrial Building Bowling Green, KY 42101 £2,385,875 (£107/SF) 4.48% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Development Plan is for an identical twin building to be built on the developed site
- 5,000 Current jobs with a projection to double in size over the next 12 months
- In the area of the most industrialized buildings in ten counties
EXECUTIVE SUMMARY
This property is located in the heart of the most industrialized area in a 10 county area. there are 5000 jobs within one mile of this property and over 7000 additional jobs in the pipeline. There is room for a twin building on this property as needed. There are three loading doors, two dock doors and one drive-in. The property is 90% complete or buyer could finish to their specifications with a $2,500,000 price.
PROPERTY FACTS
| Price | £2,385,875 | Lot Size | 6.61 AC |
| Price Per SF | £107 | Rentable Building Area | 22,400 SF |
| Sale Type | Investment | Number of Floors | 1 |
| Net Initial Yield | 4.48% | Year Built | 2023 |
| Sale Condition | Tenants option to buy property | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 15 ft |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 2 |
| Building Class | C | Level Access Doors | 1 |
| Price | £2,385,875 |
| Price Per SF | £107 |
| Sale Type | Investment |
| Net Initial Yield | 4.48% |
| Sale Condition | Tenants option to buy property |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 6.61 AC |
| Rentable Building Area | 22,400 SF |
| Number of Floors | 1 |
| Year Built | 2023 |
| Tenancy | Single |
| Clear Ceiling Height | 15 ft |
| No. Dock-High Doors/Loading | 2 |
| Level Access Doors | 1 |
UTILITIES
- Lighting
- Water
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 22,400 SF
- Industrial
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 22,400 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 22,400 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
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PROPERTY TAXES
| Parcel Number | 062A-72-003 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £1,264,633 |
PROPERTY TAXES
Parcel Number
062A-72-003
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,264,633
ZONING
| Zoning Code | M-1 -Industrial |
| M-1 -Industrial |
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578 Kelly Rd
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