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    165 Dawson Dr Shepherdsville, KY 40165

    Sponsored
    For Sale
    $4,700,000

    34 Acres, I-65 Frontage, Redevelopment Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 34-acre industrial property in Shepherdsville, Kentucky, presents a significant redevelopment opportunity. Ideally situated directly on I-65 with over 1,000 feet of frontage, it offers unparalleled access to a major transportation corridor. The property includes a substantial existing 70,000-square-foot warehouse, perfect for repurposing or integration into a larger development. Currently zoned B-2 (General Business), allowing for diverse uses including retail and dealerships, preliminary discussions suggest potential rezoning to Industrial Light may be feasible, given the surrounding area. Site plan studies indicate the potential to construct up to 200,000 square feet of additional building space, subject to rezoning. The northern section, situated within the Salt River floodway, is suitable for parking and truck facilities. This prime location is less than 15 minutes from Louisville International Airport and is within a thriving industrial hub, serving major companies such as Amazon, UPS, Best Buy, Walmart, and Gordon Foods. The property's strategic location and existing infrastructure make it an attractive investment for developers seeking to capitalize on the region's robust logistics and distribution sector. The asking price is $4,700,000. Please refrain from contacting existing tenants or staff.

    Property Features for 165 Dawson Dr

    General Information

    Property type
    Land
    Lot Size
    1,481,040 SF

    HighLights

    • $4,700,000 asking price for 34 acres of industrial land.
    • Located at 165 Dawson Dr, Shepherdsville, KY 40165, directly on I‑65 with over 1,000 feet of frontage.
    • Includes a 70,000 SF existing warehouse, suitable for repurposing.
    • B‑2 zoning, with potential for rezoning to Industrial Light.
    • Site could support up to 200,000 SF of total buildable area (subject to rezoning).
    Property Profile Location Intelligence

    Current Use by Public Records

    Awesome Lazy River Water Park Awesome Flea Market Flea Market Infinite Stones , Crystals ... Collectibles Store The Awesome Snak Shak Restaurant ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Shepherdsville
    County
    Bullitt
    State
    Kentucky
    Longitude
    -85.7027108
    Latitude
    37.9814058

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    FAQs

    What type of property is this?
    Land - 34 Acres, I-65 Frontage, Redevelopment Potential
    Where is this land located?
    The property is located at 165 Dawson Dr Shepherdsville, KY.
    What is the asking price?
    The asking price for this property is $4,700,000.
    What are key features of this property?
    This property features: $4,700,000 asking price for 34 acres of industrial land.; Located at 165 Dawson Dr, Shepherdsville, KY 40165, directly on I-65 with over 1,000 feet of frontage.; Includes a 70,000 SF existing warehouse, suitable for repurposing.
    Request Owner's contact information
    165 Dawson Dr Shepherdsville, KY 40165
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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
    165 Dawson Dr Shepherdsville, KY 40165
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