Property profile

827 E Market St Louisville, KY 40206

FOR SALE
Warehouses
Saved · see the list in your Dashboard
Property ID
US34-2315203
5,244 SF 0.12 ac Built 1895
Last sale Dec 2018·$77,700
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional Louisville investment opportunity presents a fully occupied, Class A, 7,365 square foot office and retail property situated in the vibrant Nulu neighborhood. The main building, spanning two stories, is under a triple-net lease to a commercial tenant, providing consistent income. A secondary building features two turnkey Airbnbs, generating additional revenue streams. The property boasts two parking spaces and sits on a 0.12-acre lot, zoned EZ-1. Built in 1895 and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$578k
Assessed land$129k
Assessed improvement$449k
Effective rate1.34%

Value estimate

· Nov 2026
$475k
$428k – $523k
NOI build-up
Gross scheduled income$107k
Vacancy & credit loss−$19k
Operating expenses−$22k
NOI · 3.00% cap applied$66k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$73/SF
Submarket average, outlier-cleaned · 170 recorded sales of this use type
Observed band · Q1–Q3$37 – $122
Qualifying comparables3

Cap rate analysis

How does the asset earn?
3.00%
$66k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
EZ1-ENTERPRISE ZONE
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner9.0
Home Appliance Store8.8
Laundry Service8.6

Location

827 E Market St Louisville, KY 40206
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1570 Story, Louisville, KY 40206-1738 $2,725,000 Nov 2022 24,612 SF
330 Spg, Louisville, KY 40206-1982 $1,850,000 Dec 2019 18,000 SF
1626 Mellwood, Louisville, KY 40206-1752 $403,000 Jun 2019 11,288 SF
1561 Washington, Louisville, KY 40206-1839 $6,237,000 Dec 2018 6,210 SF
1490 Frankfort, Louisville, KY 40206-6002 $6,237,000 Dec 2018 4,100 SF
1468 Frankfort, Louisville, KY 40206 $6,237,000 Dec 2018 1,156 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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