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Property profile & analytics

1231 Oak St Louisville, KY 40210

  • Warehouses
  • 32,464 SF
  • 0.82 lot acres
Value Estimation
Last Sale
Apr 09, 2021
$205,000
Location Intelligence
Property ID
US34-0321857
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 1231 Oak St

Year built
1940
Lot size
0.82 lot acres
Property size
32,464 SF
Property type
Warehouses
APN
07037K01020000
APU
07037K01020000

Description

This exceptional two-story, 32,953-square-foot warehouse, situated on a 0.84-acre lot in Louisville, KY, presents a compelling investment opportunity. The property boasts 18,713 square feet on the first floor and 13,010 square feet on the second floor, offering abundant natural light. A 1,230-square-foot basement houses the boiler room. Key features include three loading docks, high ceilings, multiple drive-in bays, large windows, and a freight elevator. The building is primarily brick construction with some metal components. The property is fenced, except for a small front area for guest parking, and offers convenient access to major interstates, including I-65. Its EZ-1 zoning (allowing most C-2 and M-3 uses) ensures versatility for a wide range of commercial applications. The asking price is $1,500,000, translating to $45.52 per square foot. This property is ideal for single or multiple users, accommodating both short-term and long-term leases. The address is 1231 W Oak St, Louisville, KY 40210, and the APN is 037K01020000. This is a rare opportunity to acquire a well-located, spacious industrial property with significant potential.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $205,000
  • CAP approach

    CAP return
    Estimation
    6%
    $220,000
    6.5%
    $225,000
    7%
    $220,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $230,000
    Geo Method
    $230,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $205,000
    Retail
    $275,000
    Mixed-Use
    $280,000
    Hospitality
    $255,000
    Educational
    $235,000
    Residential Income
    $225,000
    Energy
    $200,000
    Income-Based Land
    $275,000
    Food Service
    $200,000

Location Insight

  • Map
  • Local Demand
City
Louisville
County
Jefferson
State
Kentucky
Longitude
-85.7748
Latitude
38.2367
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,751
$83,920
$121,080
$205,000
-
$83,920
$121,080
$205,000
More about this property
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