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    11905 Dixie Hwy Louisville, KY 40272

    Sponsored
    For Sale
    $1,270,000

    7,800 SF Warehouse + Developable Land

    Property size:
    7,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Louisville investment opportunity encompasses a 2.66-acre site zoned CM (Commercial Manufacturing), ideally situated on Dixie Highway near the Gene Snyder Freeway. The property includes a recently constructed, 7,800-square-foot vacant warehouse featuring concrete flooring, metal siding and roofing, seven 8x10 drive-in doors, and ample electrical service (200-amp, 1-phase). The warehouse boasts high bay LED lighting. In addition to the main warehouse, the property includes two additional buildings on the 11907 parcel. One is a residential building with three apartments (two 1-bedroom units and one 2-bedroom unit), two of which are currently rented at $650/month plus utilities. The other is a freestanding building, formerly a two-car garage, recently used as an office and including a half-bath, currently vacant. An approved development plan is available. The entire property presents a compelling opportunity for contractors, self-storage operators, or other industrial users, offering a blend of immediate income and significant development potential. The asking price is $1,270,000, with a land value of $162.82 per square foot. The property is located in Jefferson County, Kentucky, and offers easy access to major transportation arteries. This shovel-ready site is level and presents a rare opportunity in a desirable location.

    Property Features for 11905 Dixie Hwy

    General Information

    Property type
    Distribution properties
    Square Feet
    7,800 SF
    Lot Size
    115,870 SF

    Building Details

    Year Built
    2022
    Buildings
    3
    Units
    3

    HighLights

    • $1,270,000 asking price for this industrial property.
    • 7,800 SF vacant warehouse built in 2022, featuring 7 drive‑in doors, concrete floors, and high bays.
    • Three buildings on a 2.66‑acre lot zoned CM (Commercial Manufacturing) in Louisville, KY.
    • Property includes a 7,800 SF warehouse and two additional buildings, one with three residential apartments (two currently occupied).
    • Located on Dixie Highway, less than a mile from the Gene Snyder Freeway, offering excellent access and visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Austin Bryan Plumbing Plumber Silverline Trailers - Louisville ... Trailer Dealer PTL Construction Construction Company

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop 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
    -85.8810692
    Latitude
    38.082273

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    FAQs

    What type of property is this?
    Distribution property - 7,800 SF Warehouse + Developable Land
    Where is this distribution property located?
    The property is located at 11905 Dixie Hwy Louisville, KY.
    What is the asking price?
    The asking price for this property is $1,270,000.
    What are key features of this property?
    This property features: $1,270,000 asking price for this industrial property.; 7,800 SF vacant warehouse built in 2022, featuring 7 drive-in doors, concrete floors, and high bays.; Three buildings on a 2.66-acre lot zoned CM (Commercial Manufacturing) in Louisville, KY.
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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
    11905 Dixie Hwy Louisville, KY 40272
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