150 Emerson Bypass Rd Russellville, KY 42276
For Sale
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This exceptional 225,000 square foot industrial property, located at 150 Emerson Bypass Road in Russellville, Kentucky, presents a significant investment opportunity. Built in 1961 and extensively renovated in 1994, this facility sits on a 22.95-acre lot and is zoned I2 - Heavy Industrial. The property boasts 14 loading docks with 14 dock-high doors, offering efficient material handling. Ceiling heights range from 18 to 22 feet, providing ample space for various industrial operations. The property includes approximately 20,000 square feet of office space, along with a cafeteria, restrooms, and multiple conference rooms. Infrastructure highlights include an interior rail system with cranes, two 4,000 amp main breakers (480/277 volt, 3-phase power), a wet sprinkler system, and 6-inch concrete floors. The roof is primarily TPO, and the lighting is a mix of LED and fluorescent. Extensive outdoor space is available for storage or trailer parking, with parking for over 450 employees. The property benefits from its strategic location in Russellville's industrial area, providing easy access to Interstate 65 and RJ Corman Railroad, enhancing logistical efficiency. This versatile space is ideal for a wide range of manufacturing and warehousing needs, offering significant potential for customization and expansion. The asking price is $6,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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Property description
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Risks
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