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265 Walnut Creek Drive - Walnut Station 18.47 Acres of Residential Land Offered at $6,824,335 CAD in Bowling Green, KY 42101

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Investment Highlights

  • Shovel Ready with full entitlements and permits
  • Full site and architectural plans in hand
  • Approved for up to 480 apartment units

Executive Summary

Prime RM-4 zoned land approved for multi-family development — all permits and entitlements in place with full site and architectural plans available. Break ground immediately on up to 480 apartment units, and take advantage of owner financing options available with qualifying terms! This site is positioned for success in Bowling Green, Kentucky’s third-most populous city, strategically located off Interstate 165 with convenient access to I-65 — making the area highly desirable for residents and commuters alike. Bowling Green lies approximately 60 miles north of Nashville and 110 miles south of Louisville, offering regional connectivity that attracts both residents and employers. Additionally, it’s minutes from Western Kentucky University (WKU) — a major regional employment and education hub with over 16,000 students and staff. The city has grown significantly over the past decade, with continued estimates showing population increases — reflecting a robust, expanding market for housing. Recent estimates place Bowling Green’s population near ~79,000 (2024) and Warren County’s around ~147,900, underscoring ongoing residential growth in the metro area. The area is also recognized for its economic momentum — Bowling Green and Warren County were ranked #1 nationally among metros under 200,000 in economic development performance, highlighting strength in attracting investment and jobs. Bowling Green’s combination of population growth, higher education presence, manufacturing and distribution employment, and excellent connectivity make this an outstanding site for a thriving residential community. Don’t miss this rare shovel ready opportunity to deliver quality multi-family housing in one of Kentucky’s most dynamic markets

Property Facts

Price $6,824,335 CAD
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 18.47 AC
Zoning RM-4 - Fully entitled, permits in hand and approved for 480 multi-family units. 4-stories max. Subject to the Binding Elements.

1 Lot Available

Lot

Price $6,824,335 CAD
Price Per AC $369,482.12 CAD
Lot Size 18.47 AC

Shovel Ready - Multi-family APPROVED land for 480 apartment units

  • Listing ID: 39545183

  • Date on Market: 2026-02-23

  • Last Updated:

  • Address: 265 Walnut Creek Drive, Bowling Green, KY 42101

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