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    FOR SALE
    Warehouses

    11905 Dixie Hwy, Louisville, KY 40272

    3,648 SF 2.16 ac lot Built 1966
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US34-0317639
    Property summary
    AI-generated overview

    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
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 1966
    Total area 3,648 SF
    Lot 2.16 ac (94,090 SF)
    Zoning code C2-COMMERCIAL
    APN 24105200580000
    UPID US34-0317639
    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
    • Austin Bryan Plumbing Plumbing Service General Contractor
    • Silverline Trailers - Louisville KY Car Dealership
    • PTL Construction Construction Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    11905 Dixie LLC · 4 yrs held
    11905 Dixie LLC
    since 2021
    Last sale
    $385,960
    4 recorded transactions
    2021
    2011
    $162,500
    2011
    $310,000
    2010
    $385,960
    Zoning & alternative use
    C2-COMMERCIAL · Louisville, KY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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