1538 Industrial N Byp Franklin, KY 42134-5269
This exceptional 10,000-square-foot warehouse, located at 1538 Industrial Bypass North in Franklin, Kentucky, presents a significant investment opportunity. The property, built in 1999, sits on a spacious 5-acre lot and features a single, one-story building. Priced at $1,150,000 ($115 per square foot), this vacant warehouse is available for immediate occupancy on June 21, 2024, under a triple net (NNN) lease agreement. The property boasts one loading dock, making it ideal for efficient loading and unloading operations. Its prime location in Franklin, Kentucky (zip code 42134), within Simpson County, offers excellent accessibility and visibility. The ample lot size provides significant parking capacity, making it suitable for businesses requiring extensive vehicle storage or parking services. This warehouse represents a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving Kentucky market. The property's size, location, and lease terms make it an attractive investment for a wide range of businesses.
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Charles Deweese Asphalt Plant Building Supply Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.