Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    12910 Factory Ln Louisville, KY 40245
    Back to Search
    Property profile & analytics

    12910 Factory Ln, Louisville, KY 40245

    View on Map
    • Neighborhood centers
    • 20,056 SF
    • 2.06 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Speedy Commercial Electrical Service Corp / Electrical Service / General Contractor
    • ProRehab Physical Therapy Louisville, Kentucky - Anchorage / Physician
    • I Heart Nails Salon & Spa / Nail Salon
    • Pella Windows & Doors of Louisville / Hardware & Home Improvement / Interior Design
    • Jason Jackson - State Farm Insurance Agent / Insurance Agency

    Property Details for 12910 Factory Ln

    Year built
    2020
    Lot size
    2.06 lot acres
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    Epic Plaza, a Class A, two-story building (20,056 total square feet) in Louisville, KY, offers exceptional leasing opportunities. Located at 12910 Factory Ln (Factory Lane and LaGrange Road), this 2020-built property boasts 3,972 square feet of vacant space, divisible into units as small as 1,607 square feet, with a maximum contiguous space of 2,365 square feet. Eight suites are available in this strategically located development, situated near the Gene Snyder Freeway (I-265), offering easy access to major transportation routes and high visibility. The property benefits from a strong tenant mix, including I HEART Nails, State Farm, PetVet 365, Pella Windows & Doors, and ProRehab Physical Therapy. With over 27,200 vehicles passing daily (2021 data), Epic Plaza enjoys high traffic exposure. The affluent trade area (133,400 population within a five-mile radius, average household income $146,884) and proximity to key employers (over 37,417 employees within three miles, including the Ford Heavy Truck Plant and Eastpoint Business Park) make this a highly desirable location. The 2.06-acre lot features ample signage opportunities and a single elevator for convenient access. The property is zoned C-1 and has APN numbers 001501570000 and 001501510000. 15-foot ceilings add to the appeal. This development presents a prime opportunity for businesses seeking to thrive in one of Louisville's most desirable and up-and-coming areas.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.5108
    Latitude
    38.2882

    Comparable in this City

    • Value Estimation by Request
      5,639 SF

      12905 Factory Ln

      Restaurants
      12905 Factory Ln, Louisville, KY 40245
      View Details
    • Value Estimation by Request
      716 SF

      12307 Old Lagrange Rd Ste, Unit 104

      CONDOMINIUM OFFICES
      12307 Old Lagrange Rd Ste, Louisville, KY 40245-2147
      View Details
    • Value Estimation by Request
      2.35 Acres

      12305 Westport Rd, Unit 2

      CONDOMINIUM OFFICES
      12305 Westport Rd, Worthington Hills, KY 40245-2711
      View Details
    • Value Estimation by Request
      1,750 SF

      2503 Bush Rdg Dr Ste B

      CONDOMINIUM OFFICES
      2503 Bush Rdg Dr Ste B, Louisville, KY 40245-5889
      View Details
    • Value Estimation by Request
      0.06 Acres

      2429 Bush Rdg Dr Ste, Unit 101

      CONDOMINIUM OFFICES
      2429 Bush Rdg Dr Ste, Louisville, KY 40245-5914
      View Details
    • Value Estimation by Request
      713 SF

      12307 Old Lagrange Rd Ste, Unit 205

      CONDOMINIUM OFFICES
      12307 Old Lagrange Rd Ste, Louisville, KY 40245-2149
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,566 SF

      Shelbyville Road Commercial Opportunity

      5566 SF building on 4.1 acres for sale.
      14001 Shelbyville Rd, Louisville, KY 40245
      View Details
    • Contact for pricing
      4,003 SF

      Freestanding Building in East Louisville

      High-demand location near Kroger-anchored center with significant growth potential.
      13011 Factory Ln, Louisville, KY 40245
      View Details
    • Contact for pricing

      Shelbyville Road Land Opportunity

      14+ acre property on Shelbyville Road near affluent neighborhoods.
      18406 Shelbyville Rd, Louisville, KY 40245
      View Details
    • Contact for pricing

      Land with Creek and Woods

      Partially wooded land with creek, must be sold together.
      16961 Shelbyville Rd, Louisville, KY 40245
      View Details
    • $175,000
      0.21 Acres

      Residential Land in East Louisville

      Private residential land with mature trees, near Gene Snyder.
      15 Springhouse Crk Ln, Louisville, KY 40245
      View Details
    • $2,500,000

      Louisville Special Purpose Building

      5,566 SF building in Louisville, ideal for special purpose.
      14001 Shelbyville Rd, Louisville, KY 40245
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Retail and Office Development

      Two-story retail and office development in Louisville, Kentucky.
      12920 Factory Ln, Louisville, KY 40245
      View Details
    • Contact for pricing

      Eastwood Mixed-Use Development Opportunity

      Mixed-use development near Publix with office, retail, and medical space.
      16223 Shelbyville Rd, Louisville, KY 40245
      View Details
    • Contact for pricing

      Anchorage Plaza Retail and Office

      New retail and office development in Louisville, Kentucky.
      12905 Factory Ln, Louisville, KY 40245
      View Details
    • Contact for pricing

      Retail Space in Forest Springs

      Restaurant, office, and retail spaces in Louisville's East End.
      12488 La Grange Rd, Louisville, KY 40245
      View Details
    • Contact for pricing

      Prime Location Near Shelbyville Road

      Outparcels available in a new Publix-anchored shopping center.
      Louisville Ave, Louisville, KY 40245
      View Details
    • Contact for pricing

      Prime Commercial Land Available

      Up to 4.42 acres in high-growth, high-income area.
      13820 Old Henry Rd, Louisville, KY 40245
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12910 Factory Ln
    Louisville, KY 40245
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12910 Factory Ln, Louisville, KY, 40245
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!