Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

421 Wabasso Ave Louisville, KY 40209

OFF-MARKET
Office buildings
Property ID
US34-2373181
5,768 SF 0.28 ac lot Built 1960
Last sale Feb 2022 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

421 Wabasso Ave is a flex-use industrial property located in Louisville’s airport industrial corridor, near Louisville Muhammad Ali International Airport (SDF) and UPS Worldport. The site has regional access via I-264 and I-65, supporting industrial-oriented uses such as contractors’ services, service businesses, and smaller logistics operations that benefit from proximity to airport and highway infrastructure.

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?
$4k
Tax billed · 2023
Assessed value$325k
Assessed land$38k
Assessed improvement$287k
Effective rate1.34%

Value estimate

· Oct 2026
$240k
$216k – $264k
AI approach$245k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$116/SF
Submarket average, outlier-cleaned · 548 recorded sales of this use type
Observed band · Q1–Q3$80 – $168
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CM-COMMERCIAL MANUFACTURI
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.2
Law Firm16.0
Spa & Massage13.2

Location

421 Wabasso Ave Louisville, KY 40209-1528
County assessor Recorded deeds · 8 transfers 6 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

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
641 Phillips, Louisville, KY 40209-1325 $360,000 Dec 2025 No data
644 Phillips, Louisville, KY 40209-1312 $570,000 Nov 2023 No data
468 Huron, Louisville, KY 40209-1626 $171,325 Oct 2020 1,539 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 421 Wabasso Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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
Why this one?
Saved
Reason not saved — we won't ask again