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Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Warehouses
1000 Industrial Blvd Louisville, KY 40219-1800
Entity Owned
4-yr Hold
Free & Clear
Property ID
US34-0031006
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Total area
11,920 SF
Lot
2.57 ac (111,949 SF)
Zoning code
EZ1-ENTERPRISE ZONE
APN
23206200120000
UPID
US34-0031006
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dukes A & W Trailer Hitches Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.81M
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.80M
Owner & transaction history
Musket Corporation · 4 yrs held
Musket Corporation
since 2021
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
EZ1-ENTERPRISE ZONE · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+201.9%
Auto repair, garage
$2.3M
+162.3%
Office building
$1.4M
+59.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,795,000
ML approach
$1,805,000
CAP Approach
CAP Return
Estimation
6%
$1,605,000
6.5%
$1,485,000
7%
$1,375,000
Alternative Use
Use
Estimation
RESTAURANT
$2,630,000
Change: +202% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,285,000
Change: +162% · Conversion: Easy
OFFICE BUILDING
$1,390,000
Change: +60% · Conversion: Difficult
RETAIL STORES
$1,175,000
Change: +35% · Conversion: Moderate
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±10% · vs last sale $1.80M (Oct 4 2021)
Last sale anchor
$1.80M
Oct 4 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$151 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,175
Tax year 2023
Assessed value
$614,280
Assessed 2023
Previous assessed
$614,280
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$243,980
Assessed improvement
$370,300
Land market value
$243,980
Improvement market value
$370,300
Total market value
$614,280
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Heating
YES
Cooling
NONE
Stories
1
Total area
11,920 SF
Lot
2.57 ac (111,949 SF)
Zoning code
EZ1-ENTERPRISE ZONE
APN
23206200120000
UPID
US34-0031006
Jurisdiction
JEFFERSON
Zoning & alternative use
EZ1-ENTERPRISE ZONE · Louisville, KY
Zoning EZ1-ENTERPRISE ZONE · permitted uses
EZ1-ENTERPRISE ZONE · Louisville, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Louisville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.3M
OFFICE BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Heating
YES
Cooling
Yes
Stories
1
Lot
2.57 ac
Current owner
From public records · entity-resolved
Musket Corporation
Entity
Free & Clear · 4 yrs held
Mailing address
1000 INDUSTRIAL BLVD, LOUISVILLE, KY 40219-1800
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2021
$1,800,000
Musket Corporation
Shree Nar Narayan Realty LLC
Special Warranty Deed
—
Dec 28, 2020
—
Mnw2 LLC
—
Deed
related
$600,000 · Stockyard Bk&tr
Oct 26, 2015
$600,000
Mw2 LLC
Irj LLC
Warranty Deed
$600,000 · Stockyard Bk&tr
Oct 29, 2010
$600,000
Irj LLC
Whip Mix Corp
Grant Deed
related
$480,000 · Stock Yards Bank
Feb 24, 2010
—
Whip Mix Corp
—
Loan Modification
related
$6,500,000 · Pnc Bank
—
—
Mnw2 LLC
—
Loan Modification
related
$600,000 · Stockyard Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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