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    2012 Northwestern Pkwy Louisville, KY 40203

    Sponsored
    For Sale
    $1,895,000

    54,000 SF Warehouse, 2.25 Acres, Owner/User

    Property size:
    54,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.25-acre industrial property in Louisville, KY, presents a unique owner-user opportunity. The site encompasses four buildings totaling 54,000 square feet, including 6,600 square feet of office space and 47,400 square feet of warehouse space. Originally constructed for forklift manufacturing, the property features a striking two-story main building with an Art Deco brick facade. The warehouse buildings boast high ceilings, multiple large roll-up garage doors, loading ramps, and three loading docks, accommodating even the largest box trucks. The property benefits from excellent visibility and accessibility, enjoying prominent exposure from I-64 (East & West) and convenient access via the 22nd Street exit ramp. Located at 2012 Northwestern Pkwy, Louisville, KY 40203, this property offers eight dock-high doors and is priced at $1,895,000. Its strategic location and substantial space make it ideal for a variety of industrial uses. The property's history and unique architectural features add to its appeal. This is a rare opportunity to acquire a well-located, functional, and historically significant industrial property.

    Property Features for 2012 Northwestern Pkwy

    General Information

    Property type
    Distribution properties
    Square Feet
    54,000 SF
    Lot Size
    98,010 SF

    Building Details

    Buildings
    4

    HighLights

    • $1,895,000 asking price.
    • 54,000 square feet industrial warehouse.
    • Owner/user investment opportunity.
    • 2.25‑acre lot with four buildings.
    • Three loading docks and eight dock‑high doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    No Kill Louisville ... Animal Rescue Service American Horrorplex Haunted House Total Wrecking & Environmental, ... Demolition Contractor Kinetic Rentals Car Rental Agency End of an Ear Recording Studio

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7800535
    Latitude
    38.2683895

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    FAQs

    What type of property is this?
    Distribution property - 54,000 SF Warehouse, 2.25 Acres, Owner/User
    Where is this distribution property located?
    The property is located at 2012 Northwestern Pkwy Louisville, KY.
    What is the asking price?
    The asking price for this property is $1,895,000.
    What are key features of this property?
    This property features: $1,895,000 asking price.; 54,000 square feet industrial warehouse.; Owner/user investment opportunity.
    Request Owner's contact information
    2012 Northwestern Pkwy Louisville, KY 40203
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    Louisville, KY 40203
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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
    2012 Northwestern Pkwy Louisville, KY 40203
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