11905 Dixie Hwy Louisville, KY 40272
Property summary
This exceptional Louisville investment opportunity encompasses a 2.66-acre site zoned CM (Commercial Manufacturing), ideally situated on Dixie Highway near the Gene Snyder Freeway. The property includes a recently constructed, 7,800-square-foot vacant warehouse featuring concrete flooring, metal siding and roofing, seven 8x10 drive-in doors, and ample electrical service (200-amp, 1-phase). The warehouse boasts high bay LED lighting. In addition to the main warehouse, the property includes two additional buildings on the 11907 parcel. One is a residential building with three apartments (two 1-bedroom units and one 2-bedroom unit), two of which are currently rented at $650/month plus utilities. The other is a freestanding building, formerly a two-car garage, recently used as an office and including a half-bath, currently vacant. An approved development plan is available. The entire property presents a compelling opportunity for contractors, self-storage operators, or other industrial users, offering a blend of immediate income and significant development potential. The asking price is $1,270,000, with a land value of $162.82 per square foot. The property is located in Jefferson County, Kentucky, and offers easy access to major transportation arteries. This shovel-ready site is level and presents a rare opportunity in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Plumbing Service General Contractor
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Car Dealership
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Construction Company
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Louisville market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2-COMMERCIAL · Louisville, KYZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C2-COMMERCIAL in Louisville, KY.
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