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Property profile

1231 W Oak St Louisville, KY 40210

FOR SALE
Warehouses
Property ID
US34-0321857
32,464 SF 0.82 ac lot Built 1940
Last sale Apr 2021 · $205,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional two-story, 32,953-square-foot warehouse, situated on a 0.84-acre lot in Louisville, KY, presents a compelling investment opportunity. The property boasts 18,713 square feet on the first floor and 13,010 square feet on the second floor, offering abundant natural light. A 1,230-square-foot basement houses the boiler room. Key features include three loading docks, high ceilings, multiple drive-in bays, large windows, and a freight elevator. The building is primarily brick…

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?
$3k
Tax billed · 2023
Assessed value$205k
Assessed land$84k
Assessed improvement$121k
Effective rate1.34%

Value estimate

· Oct 2026
$205k
$185k – $226k
NOI build-up
Gross scheduled income$297k
Vacancy & credit loss−$15k
Operating expenses−$85k
NOI · 13.15% cap applied$197k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$73/SF
Submarket average, outlier-cleaned · 170 recorded sales of this use type
Observed band · Q1–Q3$37 – $122
Qualifying comparables4

Cap rate analysis

How does the asset earn?
13.15%
$197k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency37.7
Building Supply19.7
Spa & Massage19.1

Location

1231 W Oak St Louisville, KY 40210
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1401 15th, Louisville, KY 40210 $1,200,000 Dec 2025 31,808 SF
823 15th, Louisville, KY 40210-1013 $66,600 Mar 2024 30,771 SF
1351 Saint Louis, Louisville, KY 40210 $815,000 Oct 2023 36,760 SF
1402 15th, Louisville, KY 40210-1875 $800,000 Aug 2022 37,366 SF
1300 Breckinridge, Louisville, KY 40210 $77,000 Apr 2021 34,340 SF
1450 15th, Louisville, KY 40210-1838 $570,000 Mar 2021 28,527 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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