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Industrial Site with Approved Development

11905 Dixie Hwy Louisville, KY 40272

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Industrial site with warehouse and approved development plan.

Type:Industrial
Property size:
7,800 SF
Price / SF:
$128/SF
Added:
Jul 18, 2024
Days on Market:
725
Last Refresh:
Jun 25 at 9:35 pm

Property Features for 11905 Dixie Hwy

General Information

Standard status
Active
Size
7,800 SF
Property subtype
Industrial

Building Details

Year Built
2022

Listing office Duncan Commercial Real Estate

Listing date Jul 18, 2024

Source Crexi

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 Duncan Commercial Real Estate


Investment Insights

Based on property information with market context.

This industrial site is located on Dixie Highway at E Orell Road, less than a mile south of the Gene Snyder Freeway. The property includes an approved development plan and features a 7,800 square foot warehouse built in 2022. The warehouse includes seven drive-in doors. The entire property is fenced in. Zoned CM and within the Suburban Marketplace Corridor, the site offers flexibility for industrial and commercial use. The property has Dixie Highway frontage and is basically level and ready for development.

Key Highlights

  • New (2022) 7,800 SF Warehouse with 7 Drive‑In Doors
  • Approved Development Plan Included
  • Prime Location: Dixie Highway Frontage, Less Than 1 Mile South of Gene Snyder Freeway

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 $77.7k $9.96
− Vacancy −$3.5k −$0.45
EGI $74.2k $9.51
− OpEx −$11.1k −$1.43
NOI $63.1k $8.09
7,800 SF · lease $9.96/SF/yr · vacancy 4.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$900.9K
$788.3K – $1.05M (±1% cap)
NOI $63,063 @ 7.0% cap · market cap 6.31%
Second Best
Industrial
$666.9K
$583.5K – $778.1K (±1% cap)
NOI $46,683 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M (±1% cap)
NOI $141,523 @ 7.0% cap · market cap 14.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Austin Bryan Plumbing Plumbing Service Silverline Trailers - Louisville ... Car Dealership PTL Construction Construction Company

Suggested Use

Real Estate Agency Restaurant Building Supply Dental Office Spa & Massage Center Hair Salon Big Box & Wholesale Store Nail Salon Auto Parts Store HVAC Service

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

Similar Off Market Nearby

  • Another Room Self Storage — 11720 dixie hwy, louisville, ky 40272
  • Sam Self Storage facility — 11712 Leemont Dr, Louisville, KY 40272
  • A Another Room Self Storage #9 — 11720 Dixie Hwy, Louisville, KY 40272

FAQs

What type of property is this?
Warehouse - Industrial site with warehouse and approved development plan.
Where is this warehouse located?
The property is located at 11905 Dixie Hwy Louisville, KY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: New (2022) 7,800 SF Warehouse with 7 Drive‑In Doors; Approved Development Plan Included; Prime Location: Dixie Highway Frontage, Less Than 1 Mile South of Gene Snyder Freeway
Contact an agent
(502) 550-7773 Call to check price and availability
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