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Property profile & analytics
OFF-MARKET Estimated value $965,000
Showrooms

2400 Main St Louisville, KY 40212-1529

34,155 SF 0.3 ac lot Built 1898
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US34-2313910
Property summary
AI-generated overview

This exceptional 140,000-square-foot warehouse, situated at 2400 West Main Street in Louisville, Kentucky, presents a compelling investment opportunity. Originally constructed in 1898 as a tobacco processing facility, this single-tenant property boasts a rich history and currently houses a diverse mix of tenants. The property includes both 2400 and 2418 West Main Street, encompassing a total of 140,000 square feet across multiple buildings. The warehouse features a convenient main street drive-in loading bay, three overhead door openings, and two freight elevators (one currently operational). High ceilings, ranging from 12 to 14 feet, and a column spacing of 14' x 22'6", provide ample space for various uses. The property is equipped with a sprinkler system and benefits from heat in the first-floor offices. Its strategic location offers easy access to downtown Louisville (five minutes), I-64 (three minutes), and SDF Airport (16 minutes). The property sits on a 0.1-acre lot and is zoned C1, offering flexibility for a variety of commercial uses. The asking price is $1,960,000, translating to $14 per square foot. This is a rare chance to acquire a substantial warehouse in a thriving Kentucky location.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1898
Total area 34,155 SF
Lot 0.3 ac (13,068 SF)
Zoning code M2-INDUSTRIAL
APN 02003K01900000
UPID US34-2313910
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
  • Tax Service Express Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$887k
Blend (final) Blend
$965k
Owner & transaction history
Western Properties
Western Properties
1 recorded transaction
1969
Price N/A
Zoning & alternative use
M2-INDUSTRIAL · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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