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0 Southwest Parkway - 0 Southwest Parkway

19.66 Acres of Commercial Land Offered at $3,500,000 in Bowling Green, KY 42101

Property Facts

Price $3,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 19.66 AC

1 Lot Available

Lot

Price $3,500,000
Price Per AC $178,026.45
Lot Size 19.66 AC

19.66 acres located between John Jones Road and Kobe Way off Russellville Road. 10.5 Acres is currently zoned RM4 (high Density Multi-Family) with some development plan conditions. The other 9.16 Acres is zoned RM3 (low density Multi Family)

Description

**Prime 19.66-Acre Multi-Family Development Opportunity in Bowling Green, KY** Seize this rare opportunity to secure a 19.66-acre property approved for multi-family housing along the highly accessible Southwest Parkway. This site offers the perfect blend of zoning for both high and low-density residential development, giving developers incredible flexibility in maximizing returns within one of Kentucky’s fastest-growing markets. The property consists of 10.5 acres zoned RM4 (High-Density Multi-Family) with some development conditions, and 9.16 acres zoned RM3 (Low-Density Multi-Family) with no restrictions or conditions. Together, the land can accommodate up to 352 apartment units, offering significant potential for workforce or residential housing. With over 850 linear feet of road frontage along both Southwest Parkway and John D. Jones Road, the property is ideally located just half a mile from two major industrial hubs: Southern Industrial Park and Sterling Business Park. These industrial parks are driving economic growth in southern Warren County, generating a continuous demand for high-quality housing options. The site’s strategic location makes it a prime development opportunity to serve both the growing workforce and residents drawn to the area. Bowling Green, KY, isn’t just the fastest-growing city in the state—it’s a thriving center of commerce with a vibrant business environment and a high quality of life. The city’s booming industrial sector, paired with an influx of new residents, ensures a strong market for multi-family housing developments. By building here, you’re not just creating a residential project—you’re positioning yourself at the heart of Bowling Green’s growth and securing a key role in the city’s ongoing success. Don’t miss this extraordinary chance to develop in one of Kentucky’s most dynamic regions. With zoning flexibility, ample road frontage, and immediate proximity to two major industrial developments, this 19.66-acre site is ready for you to create a community that will thrive alongside Bowling Green’s economic expansion. Contact us today to learn more or to schedule a site tour—opportunities like this won’t last long!

zoning

Zoning Code Mult-Family (10.5 Acres zoned RM4 and 9.16 zoned RM3)
Mult-Family (10.5 Acres zoned RM4 and 9.16 zoned RM3)
  • Listing ID: 33550357

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 0 Southwest Parkway, Bowling Green, KY 42101

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