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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Manufacturing properties
11621 Electron Dr Jeffersontown, KY 40299-3861
Entity Owned
3-yr Hold
Free & Clear
Property ID
US34-0342673
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1982
Total area
11,306 SF
Lot
2 ac (87,120 SF)
Zoning code
PEC-PLANNED EMPLOYMENT CE
APN
221927017A0000
UPID
US34-0342673
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$858k
Blend (final)
Blend
$1.12M
Owner & transaction history
Biosynth International INC · 3 yrs held
Biosynth International INC
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
PEC-PLANNED EMPLOYMENT CE · Jeffersontown, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+105.3%
Commercial (general)
$1.1M
+83.8%
Warehouse, storage
$980,000
+68.4%
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 Jeffersontown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jeffersontown 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
$1,135,000
ML approach
$1,175,000
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$665,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,195,000
Change: +105% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,070,000
Change: +84% · Conversion: Difficult
WAREHOUSE, STORAGE
$980,000
Change: +68% · Conversion: Easy
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±10% · vs last sale $1.40M (Jan 24 2023)
Last sale anchor
$1.40M
Jan 24 2023
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
$99 / 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
$16,352
Tax year 2023
Assessed value
$1,400,000
Assessed 2023
Previous assessed
$1,400,000
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$336,040
Assessed improvement
$1,063,960
Land market value
$336,040
Improvement market value
$1,063,960
Total market value
$1,400,000
Applied tax rate
1.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1982
Heating
YES
Cooling
NONE
Stories
1
Total area
11,306 SF
Lot
2 ac (87,120 SF)
Zoning code
PEC-PLANNED EMPLOYMENT CE
APN
221927017A0000
UPID
US34-0342673
Jurisdiction
JEFFERSON
Zoning & alternative use
PEC-PLANNED EMPLOYMENT CE · Jeffersontown, KY
Zoning PEC-PLANNED EMPLOYMENT CE · permitted uses
PEC-PLANNED EMPLOYMENT CE · Jeffersontown, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jeffersontown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$980,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1982
Heating
YES
Cooling
Yes
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Biosynth International INC
Entity
Free & Clear · 3 yrs held
Mailing address
65 ZUB LN GARDNER MA 1767TH XX
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2023
—
Biosynth International INC
Biosynth International INC
Intrafamily Transfer
related
—
Dec 6, 2019
$1,400,000
Peptides International LLC
Spatola LLC
Grant Deed
—
Nov 18, 2016
—
Spatola LLC
—
Deed
related
$300,000 · Commonwealth Bk
—
—
Jacqulyn B Spatola
—
Deed Of Trust
related
$150,000 · Metropolitan Business Dev Corp
—
—
Spatola LLC
—
Deed Of Trust
related
$1,150,000 · Branch Banking & Trust Co
—
—
Spatola LLC
—
Deed Of Trust
related
$1,015,000 · Commonwealth Bank
—
—
Spatola LLC
—
Deed Of Trust
related
$35,000 · Metropolitan Business Dev Corp
—
—
Spatola LLC
—
Deed Of Trust
related
$300,000 · Commonwealth Bk
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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