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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Showrooms
2600 7th St Rd Louisville, KY 40208-1098
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US34-0060394
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1936
Total area
107,624 SF
Lot
1.39 ac (60,374 SF)
Zoning code
EZ1-ENTERPRISE ZONE
APN
24100501810000
UPID
US34-0060394
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
$860k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
Srk Properties LLC · 1 yrs held
Srk Properties LLC
since 2025
Last sale
$875,000
7 recorded transactions
Zoning & alternative use
EZ1-ENTERPRISE ZONE · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$725,000
ML approach
$860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $875k (Jan 19 2023)
Last sale anchor
$875k
Jan 19 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$8 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,184
Tax year 2023
Assessed value
$920,190
Assessed 2023
Previous assessed
$637,650
+44.3% YoY
Effective rate
1.00%
On assessed value
Assessed land
$83,900
Assessed improvement
$836,290
Land market value
$83,900
Improvement market value
$836,290
Total market value
$920,190
Applied tax rate
24.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1936
Heating
YES
Cooling
NONE
Stories
7
Total area
107,624 SF
Lot
1.39 ac (60,374 SF)
Zoning code
EZ1-ENTERPRISE ZONE
APN
24100501810000
UPID
US34-0060394
Jurisdiction
JEFFERSON
Zoning & alternative use
EZ1-ENTERPRISE ZONE · Louisville, KYZoning EZ1-ENTERPRISE ZONE · permitted uses
EZ1-ENTERPRISE ZONE · Louisville, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1936
Heating
YES
Cooling
Yes
Stories
7
Lot
1.39 ac
Current owner
From public records · entity-resolved
Srk Properties LLC
Entity
Mailing address
4950 POPLAR LEVEL RD, LOUISVILLE, KY 40219-1128
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2025
$1,100,000
Srk Properties LLC
Nadia Realty LLC
Warranty Deed
$880,000 · Indiana Members Cu
Jan 19, 2023
$875,000
Nadia Realty LLC
Construction Consulting Services Ll
Deed
$700,000 · Wilson Bank & Trust
Jan 16, 2013
$570,000
Consulting Svcs L Construction
Ej2 Commercial Properties LLC
Warranty Deed
$482,500 · William T Robards
Mar 2, 2006
$700,000
Ej2 Commercial Properties LLC
Robards,william T & Laura S
Grant Deed
$650,000 · William T Robards
—
—
Construction Consulting Svcs L
—
Deed Of Trust
related
$425,000 · Republic Bk&tr
—
—
Ej2 Commercial Properties LLC
—
Deed Of Trust
related
$293,000 · Huntington National Bank
—
—
Ej2 Commercial Properties LLC
—
Deed Of Trust
related
$83,000 · Us Small Business Admn
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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