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    OFF-MARKET
    Manufacturing properties

    1317 Main St, Louisville, KY 40206-1745

    1,386 SF 0.04 ac lot Built 1951
    Individually Owned 15-yr Hold Absentee Owner Free & Clear
    Property ID
    US34-0082471
    Property summary
    AI-generated overview

    This exceptional 5.71-acre industrial property, located at 1317 E Main St, Louisville, KY 40206, presents a significant investment opportunity. The site encompasses seven lots and features two existing warehouses totaling 7,386 square feet, offering immediate usability or redevelopment potential. Currently vacant, this property is zoned EZ-1 - Enterprise Zone District, providing potential tax benefits. The asking price is $3,500,000, translating to $473.87 per square foot and $590,000 per acre. The property's versatile zoning allows for various uses, including distribution, flex, warehouse, and manufacturing, making it suitable for a wide range of businesses. The Jefferson County location offers excellent access to major transportation routes, enhancing its logistical advantages. This prime redevelopment site on East Main Street presents a unique chance to acquire a substantial industrial holding in a thriving Kentucky market. The sale terms require cash to the seller. The property's APN is 068H00200000. This is a rare opportunity to acquire a large, well-located industrial property with significant upside potential.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1951
    Total area 1,386 SF
    Lot 0.04 ac (1,568 SF)
    Zoning code EZ1-ENTERPRISE ZONE
    APN 05068H00200000
    UPID US34-0082471
    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
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Virginia E Oakleaf · 15 yrs held
    Virginia E Oakleaf
    since 2010
    1 recorded transaction
    2010
    Zoning & alternative use
    EZ1-ENTERPRISE ZONE · Louisville, KY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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