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Property profile & analytics
OFF-MARKET
Retail space

1538 Industrial N Byp Franklin, KY 42134-5269

10,000 SF 6 ac lot
Entity Owned 13-yr Hold Free & Clear
Property ID
US34-1831112
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 10,000 SF
Lot 6 ac (261,360 SF)
APN 041-00-00-031.00
UPID US34-1831112
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
  • Charles Deweese Asphalt Plant Building Supply Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jed Holding Co LLC · 13 yrs held
Jed Holding Co LLC
since 2012
1 recorded transaction
2012
$315,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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