2012 Northwestern Pkwy Louisville, KY 40203
- Warehouses
- 42,750 SF
- 2.45 lot acres
Current Use by Public Records
- No Kill Louisville (Pet Food Bank) / Animal Rescue Service
- American Horrorplex / Haunted House
- Total Wrecking & Environmental, LLC. / Demolition Contractor
- Kinetic Rentals / Car Rental Agency
- End of an Ear / Recording Studio
Property Details for 2012 Northwestern Pkwy
- Year built
- 1946
- Lot size
- 2.45 lot acres
- Property size
- 42,750 SF
- Zone code
- EZ1-ENTERPRISE ZONE
- Property type
- Warehouses
- APN
- 02005H00810000
- APU
- 02005H00810000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $605,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $805,000
- 6.5%
- $800,000
- 7%
- $870,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $790,000
- Geo Method
- $1,000,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $835,000
- Retail
- $735,000
- Mixed-Use
- $790,000
- Hospitality
- $845,000
- Educational
- $680,000
- Residential Income
- $915,000
- Energy
- $790,000
- Income-Based Land
- $860,000
- Food Service
- $855,000
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.7805
- Latitude
- 38.2684
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
