Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2700 Diode Ln Jeffersontown, KY 40299-6414

    • Warehouses
    • 14,400 SF
    • 0.99 lot acres
    OFF-MARKET
    Last Sale
    Mar 17, 2021
    $912,000
    Value Estimations
    $935,000
    Show details
    Cap Rate Potential
    7.4%
    Warehouses
    Location Intelligence
    Property ID
    US34-0240925
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 2700 Diode Ln

    Year built
    1993
    Lot size
    0.99 lot acres
    Property size
    14,400 SF
    Zone code
    PEC-PLANNED EMPLOYMENT CE
    Property type
    Warehouses
    APN
    22192700320000
    APU
    22192700320000

    Description

    This exceptional 14,450-square-foot free-standing building presents a unique opportunity in Louisville, Kentucky. Situated on a 0.99-acre lot within the Bluegrass Industrial & Research Park, this property offers a versatile blend of office and warehouse space, ideal for a variety of businesses. Built in 1993, the two-story structure features a single tenancy, providing ample space for a single occupant. The building boasts approximately half office space and half warehouse space, catering to diverse operational needs. Warehouse functionality is enhanced by two dock-high doors, facilitating efficient loading and unloading. Ample parking is available with 19 total spaces. The property is zoned PEC and is located in Jefferson County, Kentucky, with the address being 2700 Diode Ln, Louisville, KY 40299. The entire 14,450 square feet is currently vacant, offering immediate occupancy for a new tenant. This property's strategic location and functional design make it an attractive option for companies seeking a well-equipped and conveniently located facility. The building's features, including the dock-high doors and ample parking, contribute to its operational efficiency. The property's size and layout offer significant flexibility for customization to meet specific business requirements. This is a rare opportunity to acquire a substantial, well-maintained free-standing building in a prime industrial location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $945,000
      ML approach
      $965,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,165,000
      6.5%
      $1,080,000
      7%
      $1,000,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,072,000
      Market price range: $943k - $1.76M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,250,000
      Current use
      OFFICE BUILDING
      $1,525,000
      Change: +22% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,365,000
      Change: +9% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jeffersontown
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.5484
    Latitude
    38.202
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,652
    $197,920
    $714,080
    $912,000
    -
    $197,920
    $714,080
    $912,000

    Comparable in this City

    • Value Estimation
      $8,775,000
      213,353 SF

      2415 Plantside Dr

      WAREHOUSE, STORAGE • 213,353 SF
      2415 Plantside Dr, Jeffersontown, KY 40299-2527
      View Details
    • Value Estimation
      $3,415,000
      78,771 SF

      2101 Plantside Dr

      WAREHOUSE, STORAGE • 78,771 SF
      2101 Plantside Dr, Jeffersontown, KY 40299-1923
      View Details
    • Value Estimation by Request
      788 SF

      1910 Blankenbaker Rd

      WAREHOUSE, STORAGE • 788 SF
      1910 Blankenbaker Rd, Jeffersontown, KY 40299-2409
      View Details
    • Value Estimation
      $690,000
      11,998 SF

      10809 Bluegrass Pkwy

      WAREHOUSE, STORAGE • 11,998 SF
      10809 Bluegrass Pkwy, Jeffersontown, KY 40299-2215
      View Details
    • Value Estimation
      $3,470,000
      75,135 SF

      2501 Constant Comment Pl

      WAREHOUSE, STORAGE • 75,135 SF
      2501 Constant Comment Pl, Louisville, KY 40299-6324
      View Details
    • Value Estimation by Request
      5,000 SF

      10933 Electron Dr

      WAREHOUSE, STORAGE • 5,000 SF
      10933 Electron Dr, Jeffersontown, KY 40299-3823
      View Details

    Similar Nearby for Sale

    • $1,852,305
      9,499 SF

      Office/Warehouse Space in Bluegrass Park

      Class B office and warehouse space for sale or lease.
      11530 Electron Dr, Jeffersontown, KY 40299
      View Details
    • $1,600,000
      2.20 Acres

      Louisville Commercial Land - $1.6M

      2.2-acre development site, high traffic area.
      11850 Plantside Dr, Louisville, KY 40299
      View Details
    • $495,000
      5.00 Acres

      Louisville Commercial Land - 5 Acres

      Prime 5-acre commercial lot, ideal for development.
      6107 Billtown Rd, Louisville, KY 40299
      View Details
    • $1,566,680

      Hurstbourne Parkway Frontage Land Parcel

      Land parcel with frontage on Hurstbourne Parkway in Fern Creek.
      5910 S Watterson Trl, Louisville, KY 40299
      View Details
    • $92,500
      0.43 Acres

      Residential Land in Louisville, KY

      Building lot in sought after Southern Breeze neighborhood.
      51 Ca, Louisville, KY 40299
      View Details
    • $1,747,000

      Hurstbourne Parkway Corner Lot

      Corner lot on Hurstbourne Parkway in developing area.
      5926 S Watterson Trl, Louisville, KY 40299
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      123,750 SF

      Jeffersontown Warehouse with Expansion Potential

      Expandable warehouse space featuring dock doors, drive-in doors, and LED lighting.
      2200 Ampere Dr, Jeffersontown, KY 40299
      View Details
    • $10 SF/Yr
      10,000 SF

      Industrial Building on Corner Lot

      10,000 SF industrial building with high visibility, available 2025.
      2500 Plantside Dr, Louisville, KY 40299
      View Details
    • Contact for pricing

      Air Conditioned Warehouse Space Available

      Warehouse space with air conditioning, dock doors, and office area.
      1904 Watterson Trl, Louisville, KY 40299
      View Details
    • $9 SF/Yr
      10,000 SF

      Jeffersontown Warehouse/Distribution Space Available

      Former plumbing headquarters for lease in Jeffersontown, Kentucky.
      3258 Ruckriegel Pkwy, Jeffersontown, KY 40299
      View Details
    • Contact for pricing

      Louisville Warehouse with Drive-In Doors

      8,748 SF warehouse with office space and drive-in doors.
      2506 Ampere Dr, Louisville, KY 40299
      View Details
    • $7 SF/Yr
      182,268 SF

      Quantum Business Centre: Flex Space Available

      Jefferson County Industrial Space; 1,200-4,292 SF Units
      10300 Bluegrass Pkwy, Louisville, KY 40299
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2700 Diode Ln
    Jeffersontown, KY 40299-6414
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.