Industrial Flex Building with
1812 Cargo Ct Jeffersontown, KY 40299
1812 Cargo Ct, Jeffersontown, KY, 40299
$1,975,000
For Sale
$1,975,000
Flex industrial building with office, lab, and warehouse space on two floors, plus 42 marked parking spaces.
Property Size21,869 SF
Price / SF$90.31
Days on Market69
Property Features for 1812 Cargo Ct
General Information
- Standard status
- Active
- Size
- 21,869 SF
- Property subtype
- Industrial - Manufacturing
Listing agency
Hoagland Commercial Realtors
(502) 897-3310
Listed by
Brooks Hower · License #72257
Source
Commercialcafe
Added: May 14 Updated: Jul 21 at 1:02AM Checked: Jul 21 at 4:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hoagland Commercial Realtors
Investment Insights
Based on property information with market context.
1812 Cargo Court is a Bluegrass Park industrial flex building currently built out with a mix of traditional office, lab, and warehouse space. The first floor includes 14,881 ± SF, with an additional 6,988 ± SF on the second floor, providing flexibility for interior layout needs.
The property is situated in the established industrial corridor of Jeffersontown, with convenient access to Blankenbaker Parkway, I-64, and I-265 for regional connectivity around Louisville. The building also offers curb appeal and an ample parking area with 42 marked spaces.
For buyers or tenants seeking a space that combines office and lab support with warehouse functionality, this two-story configuration is designed to accommodate multiple operational components under one roof.
The property is situated in the established industrial corridor of Jeffersontown, with convenient access to Blankenbaker Parkway, I-64, and I-265 for regional connectivity around Louisville. The building also offers curb appeal and an ample parking area with 42 marked spaces.
For buyers or tenants seeking a space that combines office and lab support with warehouse functionality, this two-story configuration is designed to accommodate multiple operational components under one roof.
Key Highlights
- Two‑story flex industrial building with traditional office, lab, and warehouse space
- Building footprint of 14,881 ± SF on the first floor and 6,988 ± SF on the second floor
- Industrial building available for sale or lease
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $133.8k | $6.12 |
| − Vacancy | −$8.7k | −$0.40 |
| EGI | $125.1k | $5.72 |
| − OpEx | −$18.8k | −$0.86 |
| NOI | $106.4k | $4.86 |
21,869 SF · lease $6.12/SF/yr · vacancy 6.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.69M
$3.23M – $4.30M
NOI $258,229 @ 7.0% cap · market cap 13.07%
Second Best
Flex RnD
$2.93M
$2.56M – $3.42M
NOI $205,120 @ 7.0% cap · market cap 10.39%
Theoretical Best
Office A
$5.35M
$4.68M – $6.25M
NOI $374,747 @ 7.0% cap · market cap 18.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- Moe's Southwest Grill — 2001 S Hurstbourne Pkwy, Louisville, KY 40220
FAQs
What type of property is this?
Flex space - Flex industrial building with office, lab, and warehouse space on two floors, plus 42 marked parking spaces.
Where is this flex space located?
The property is located at 1812 Cargo Ct Jeffersontown, KY.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Two‑story flex industrial building with traditional office, lab, and warehouse space; Building footprint of 14,881 ± SF on the first floor and 6,988 ± SF on the second floor; Industrial building available for sale or lease
