This offering presents a rare 8-acre multifamily development opportunity located at 5421 Scottsville Road in Bowling Green, Kentucky. The site is fully approved and zoned for a 152-unit, two-story multifamily development, providing a turnkey development opportunity with entitlements already in place. Positioned in a desirable growth corridor along Scottsville Road with strong traffic exposure and convenient access to surrounding residential neighborhoods, retail, and services, the property offers scale that is increasingly difficult to find in the area. With zoning approvals secured and a defined unit count, the site is well-suited for developers seeking an entitled multifamily project in a high-demand location.
Lot/land
$1,790,000
5421 Scottsville Rd, Bowling Green, KY 42104
--beds
--baths
8.29Acres
Acreage
Built in ----
8.29 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Strong traffic exposure
- 162 days |
- 51 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Kent Bulle 270-799-6006,
BHG Realty
Source: RASK,MLS#: RA20260539
Facts & features
Property
Features
- Fencing: None
- Body of water: None
Lot
- Size: 8.29 Acres
- Features: Cleared
- Topography: Level
Details
- Additional structures: None
- Parcel number: 053B23
Utilities & green energy
- Sewer: City
- Water: County
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Other
HOA
- Amenities included: None
Location
- Region: Bowling Green
Financial & listing details
- Tax assessed value: $4,900,000
- Annual tax amount: $41,675
- Price range: $1.8M - $1.8M
- Date on market: 1/26/2026
- Electric utility on property: Yes
- Road surface type: None
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Price change | $3,490,000+9.1% |
Source: | ||
| 1/26/2026 | Price change | $3,200,000+78.8% |
Source: | ||
| 1/26/2026 | Listed for sale | $1,790,000-65.6% |
Source: | ||
| 1/16/2026 | Listing removed | $5,200,000 |
Source: | ||
| 12/12/2025 | Price change | $5,200,000-5.3% |
Source: | ||
| 11/21/2025 | Listed for sale | $5,490,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $41,675 +86.9% | $4,900,000 +88.4% |
| 2023 | $22,304 +7.1% | $2,601,000 |
| 2022 | $20,821 +86.5% | $2,601,000 +85.8% |
| 2021 | $11,165 -12.8% | $1,400,000 -12.5% |
| 2020 | $12,806 | $1,600,000 -11.1% |
| 2019 | $12,806 -10.9% | $1,800,000 |
| 2018 | $14,373 +0.5% | $1,800,000 +20% |
| 2017 | $14,304 +23.4% | $1,500,000 |
| 2015 | $11,595 | $1,500,000 |
| 2014 | -- | $1,500,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 42104
Nearby schools
GreatSchools rating
- 7/10Cumberland Trace Elementary SchoolGrades: PK-6Distance: 3 mi
- 10/10Drakes Creek Middle SchoolGrades: 7-8Distance: 0.5 mi
- 10/10Greenwood High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Plano
- Middle: Drakes Creek
- High: Greenwood
Source: RASK. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Kentucky
- Warren County
- Bowling Green
- 42104
- 5421 Scottsville Rd





