Technical
Financial
Distress signals
Property profile

955-957 3Rd St Louisville, KY 40203

OFF-MARKET
Warehouses
25,376 SF
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Property summary

AI-generated overview

This exceptional 25,376 square foot warehouse, located at 955-957 S 3rd St in Louisville, Kentucky, presents a unique owner-user opportunity. Previously a Chevrolet dealership, the property boasts a wide-open, high-bay design with ceiling heights ranging from 12 to 16 feet. The building features four overhead doors, providing convenient access for loading and unloading. The property is zoned PDD (Planned Development District) and includes 10 parking spaces. Its strategic location offers easy access to I-65, placing it within close proximity to Spalding College, the Central Business District (CBD), Churchill Downs, and the University of Louisville. The asking price is $1,750,000, translating to $78.81 per square foot. This property is being offered for sale by owner and represents a compelling investment opportunity for businesses seeking a versatile and well-situated warehouse space. The Jefferson County property (APN: 030E00040000) offers significant potential for a variety of uses.

Property profile

Verified
Property type Warehouses
Total area 25,376 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

955-957 3Rd St Louisville, KY 40203
Louisville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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