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    1604 Northwestern Pkwy Louisville, KY 40203

    Sponsored
    For Lease
    $4 SF/Yr ($16,039 /Mo)

    42,773 SF Warehouse, Flex, Manufacturing

    Lot size:
    42,773 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 42,773-square-foot industrial facility in Louisville, KY, offers a unique opportunity for a single tenant. Situated on 2.75 acres with I-64 & Northwestern Pkwy frontage, this Class C property boasts four buildings, ideal for heavy industrial use. Built in 1981, the property features 15-30' ceiling heights, 12 drive-ins, and 15+ parking spaces. The property includes 3-phase power (details in brochure), a licensed paint booth, fire suppression, reinforced floors, and ample outdoor storage. Zoned EZ-1, the property includes an alley right-of-way that could be closed for contiguous outdoor space. Three undeveloped lots offer potential for expansion. The current tenant vacates February 2025, allowing for quick occupancy. Tenant improvements and build-outs are negotiable. While a single tenant is preferred, subleasing may be possible with specific restrictions. The APN is 015K00460000, 015K00490000, 015K00720000, 015K00160000, 015K00150000, 015K00140000. Taxes are $0.36 per square foot.

    Property Features for 1604 Northwestern Pkwy

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    42,773 SF
    Class
    C
    Total Rate
    16039.88

    Building Details

    Year Built
    1981
    Buildings
    4

    Unit(s) available at that property

    Space
    Size
    42,773 SF
    Rate per SF
    $4

    HighLights

    • 42,773 SF industrial facility on 2.75 acres in Louisville, KY, with I‑64 & Northwestern Pkwy frontage.
    • Four buildings totaling 42,773 SF, ideal for heavy industrial use; built in 1981.
    • Features include 15‑30' ceiling heights, 12 drive‑ins, 15+ parking spaces, 3‑phase power, a paint booth, fire suppression, reinforced floors, and ample outdoor storage.
    • Zoned EZ‑1, with alley right‑of‑way and three undeveloped lots for expansion. Current tenant vacates February 2025.
    • Tenant improvements and build‑outs are negotiable; APN: 015K00460000, 015K00490000, 015K00720000, 015K00160000, 015K00150000, 015K00140000; Taxes: $0.36/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.774522599445
    Latitude
    38.263143301038

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    FAQs

    What type of property is this?
    Manufacturing property - 42,773 SF Warehouse, Flex, Manufacturing
    Where is this manufacturing property located?
    The property is located at 1604 Northwestern Pkwy Louisville, KY.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 42,773 SF industrial facility on 2.75 acres in Louisville, KY, with I-64 & Northwestern Pkwy frontage.; Four buildings totaling 42,773 SF, ideal for heavy industrial use; built in 1981.; Features include 15-30' ceiling heights, 12 drive-ins, 15+ parking spaces, 3-phase power, a paint booth, fire suppression, reinforced floors, and ample outdoor storage.
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    Louisville, KY 40203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1604 Northwestern Pkwy Louisville, KY 40203
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