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Property profile & analytics
OFF-MARKET
Showrooms
12415 Old Lagrange Rd Louisville, KY 40245-1959
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US34-0059807
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1937
Construction
WOOD
Total area
2,295 SF
Lot
5.32 ac (231,739 SF)
Zoning code
R4-RESIDENTIAL SINGLE FAM
APN
21001500760000
UPID
US34-0059807
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
-
Zappos Warehouse & Storage
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
Jeffersonville Commons LLC · 9 yrs held
Jeffersonville Commons LLC
since 2017
5 recorded transactions
Zoning & alternative use
R4-RESIDENTIAL SINGLE FAM · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$64,848
Tax year 2023
Assessed value
$5,600,000
Assessed 2023
Previous assessed
$5,510,000
+1.6% YoY
Effective rate
1.16%
On assessed value
Assessed land
$937,250
Assessed improvement
$4,662,750
Land market value
$937,250
Improvement market value
$4,662,750
Total market value
$5,600,000
Applied tax rate
20.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1937
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
2
Total area
2,295 SF
Lot
5.32 ac (231,739 SF)
Zoning code
R4-RESIDENTIAL SINGLE FAM
APN
21001500760000
UPID
US34-0059807
Jurisdiction
JEFFERSON
Zoning & alternative use
R4-RESIDENTIAL SINGLE FAM · Louisville, KY
Zoning R4-RESIDENTIAL SINGLE FAM · permitted uses
R4-RESIDENTIAL SINGLE FAM · 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.
Building & site characteristics
From public records
Year built
1937
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
2
Lot
5.32 ac
Current owner
From public records · entity-resolved
Jeffersonville Commons LLC
Entity
Free & Clear · 9 yrs held
Mailing address
6060 DUTCHMANS LN STE #110, LOUISVILLE, KY 40205-3277
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2019
—
Jeffersonville Commons LLC
—
Deed
related
$4,600,000 · Miscellaneous Ins Co
Jul 14, 2017
$500,000
Jeffersonville Commons LLC
Maum,robert G & Kay B
Warranty Deed
—
Dec 2, 2013
$250,000
Robert G Maum
Cummins-maum,kay
Grant Deed
related
$200,000 · Caliber Home Loans INC
Oct 17, 2012
$184,300
Kay Cummins-maum
Millhollan,helen L & William W III
Grant Deed
$171,000 · Helen L & William W III Millhollan
—
—
Jeffersonville Commons LLC
—
Deed Of Trust
related
$4,600,000 · Miscellaneous Ins Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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