Bowling Green, KY
Commercial Real Estate Market Trends & Data

$297 Avg asking sale price
$7,286 Avg asking lease rate
30,021 SF Avg unit lease size
24,625 SF Avg building size for sale
5.93% Average cap rate

Bowling Green's Demographic Profile

Bowling Green has 27,577 households and a median income of $43,659, providing context for rent absorption and tenant demand across retail and multifamily assets. A +9% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 70,625
# Households 27,577
Median age 31
Median household income $43,659
Avg household size 2.0
Renter-occupied housing units 17,185
5-year population change +9%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Bowling Green, KY

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Bowling Green $474 8,364 SF
Franklin $167 5,771 SF
Morgantown $233 10,752 SF
Russellville $112 6,630 SF
Glasgow $425 36,855 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Bowling Green $198 15,853 SF 4.29%
Old Hickory $153 6,750 SF 6.01%

Commercial Properties For Sale in Bowling Green

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Lovers Lane

Bowling Green, KY 42103

  • 1.03 AC Lot
  • 1 Commercial Lot
  • $1,275,000
For Sale

1019 Clay St

Bowling Green, KY 42101

  • 904 SF Industrial Building
  • $207,500
For Sale

1801 Russellville Rd

Bowling Green, KY 42101

  • 225,827 SF Industrial Building
  • $6,950,000
For Sale

New 7,690 SF Flex Retail/Office with Storage

Bowling Green, KY 42104

  • 7,690 SF Retail Building
  • $1,600,000
For Sale

KinderCare

Bowling Green, KY 42103

  • 12,000 SF Retail Building
  • 6.50% Cap Rate
  • $3,060,000
For Sale

KinderCare

Bowling Green, KY 42101

  • 6,700 SF Retail Building
  • 6.50% Cap Rate
  • $1,694,769

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Regional Demographic Comparison

This comparison places Bowling Green alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Bowling Green or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Bowling Green 70,625 27,577 31 $43,659 2 17,185 9%
Plum Springs 424 176 34 $57,142 2 83 7%
Oakland 154 61 42 $62,500 3 13 6%
Smiths Grove 775 307 42 $61,323 3 68 6%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Bowling Green, KY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Bowling Green

View All Commercial Real Estate For Sale in Bowling Green
Is Bowling Green a good market for a first-time commercial real estate investor?

Bowling Green offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Bowling Green?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Bowling Green. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Bowling Green?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Bowling Green. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Bowling Green compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Bowling Green. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Bowling Green acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Bowling Green, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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