2799 English Sta Rd Louisville, KY 40299-4849
- Warehouses
- 2,400 SF
- 4.15 lot acres
Current Use by Public Records
- Warehouses
Property Details for 2799 English Sta Rd
- Year built
- 1993
- Lot size
- 4.15 lot acres
- Property size
- 2,400 SF
- Zone code
- (M2)INDUSTRIAL OVERLAY
- Property type
- Warehouses
- APN
- 22004100700000
- APU
- 22004100700000
Description
This exceptional investment opportunity encompasses 7.22 acres of land in Louisville, Kentucky, featuring three buildings totaling 7,679 square feet. The property includes two industrial warehouses, one with two overhead doors and a half-bath, the other with three overhead doors. A third building, originally a bi-level home, has been converted into office space. This building offers a lower level with a garage, storage room, and half-bath, and an upper level with a general office area, kitchen, three private offices, and two full bathrooms. The office building is equipped with an electric heat pump, a new gas boiler system, and a gas space heater. The entire property benefits from three-phase electrical power and three separate meters. 1.9 acres are zoned M-2, where all improvements are situated. An additional 5.32 acres are zoned RR. The entire property is fully fenced and enjoys a prime location bordering Floyd's Fork and adjacent to The Parklands at Floyds Fork. This property is being offered via online auction. The property is classified as Class B and has a permitted zoning of M2 and RR. This is a rare opportunity to acquire a multi-building industrial property with significant acreage in a desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $260,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $195,000
- 6.5%
- $180,000
- 7%
- $165,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $292,000
- AI Estimate
- $166,000
Market price range: $157k - $293kMarket price range: $46.7k - $166k
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Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.4742
- Latitude
- 38.1984
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA