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    5012 Camp Ground Rd Louisville, KY 40216

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    48,850 SF, 100 Docks, Fee Simple

    Property size:
    48,850 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 48,850-square-foot distribution center in Louisville, KY, presents a compelling investment opportunity. Built in 2000 and situated on 16.15 acres, the property boasts 100 loading docks and 6 bay doors, ensuring efficient operations. The layout includes a 40,000-square-foot terminal area designed for high-volume cargo handling, a 5,600-square-foot shop area for maintenance and repair, and 3,250 square feet of office space. Currently 100% occupied under a triple-net (NN) lease commencing December 31, 2023, and expiring April 30, 2027, with 3% annual rent bumps. The property is zoned EZ1-ENTERP, offering versatility for various business operations. Fee simple ownership provides significant long-term value. This prime Louisville location offers exceptional access to major transportation routes, making it an ideal distribution hub. The modern infrastructure and efficient design make this a highly desirable asset for investors seeking strong returns. The property's size, features, and location combine to create a truly exceptional investment opportunity in the thriving Louisville market.

    Property Features for 5012 Camp Ground Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    48,850 SF
    Lot Size
    703,494 SF

    Building Details

    Year Built
    2000

    HighLights

    • 48,850 SF industrial distribution building in Louisville, KY.
    • 100% occupied, single‑tenant NNN lease expiring 4/30/2027, with 3% annual rent bumps commencing 12/31/2023.
    • Features 100 dock doors and 6 bay doors.
    • Includes 40,000 SF terminal area, 5,600 SF shop area, and 3,250 SF of office space.
    • Situated on a 16.15‑acre lot, built in 2000, and zoned EZ1‑ENTERP.
    • Fee simple ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Central Transport Trucking Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.8562357
    Latitude
    38.2044728

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    FAQs

    What type of property is this?
    Distribution property - 48,850 SF, 100 Docks, Fee Simple
    Where is this distribution property located?
    The property is located at 5012 Camp Ground Rd Louisville, KY.
    What are key features of this property?
    This property features: 48,850 SF industrial distribution building in Louisville, KY.; 100% occupied, single-tenant NNN lease expiring 4/30/2027, with 3% annual rent bumps commencing 12/31/2023.; Features 100 dock doors and 6 bay doors.
    Request Owner's contact information
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    Louisville, KY 40216
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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
    5012 Camp Ground Rd Louisville, KY 40216
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