29 Menzie Bottoms Rd Butler, KY 41006-8741
This exceptional industrial property, situated on a sizable 3.21-acre lot at 29 Menzie Bottoms Road Unit 29, Butler, KY, presents a compelling investment opportunity. Conveniently located on US-27, across from the new Sharp Elementary School and minutes from Gene Snyder Airport, this property offers unparalleled accessibility. The building itself boasts a nearly even split between warehouse and office space, providing versatility for a range of uses. The warehouse area features impressive 21-foot clear height ceilings, substantial power capacity, and three dock doors – one drive-in, one designed for FedEx truck height, and one accommodating semi-trucks. This configuration allows for efficient loading and unloading, and the potential for multi-tenant occupancy. Both heating and air conditioning are available within the warehouse. Further enhancing its potential, the property offers opportunities for value enhancement through the development of billboard advertising (a proposal is currently under consideration) and the addition of outdoor storage. Due diligence materials are readily available upon request. This property represents a rare chance to acquire a well-located, adaptable industrial building with significant upside potential. The recently reduced price makes this an even more attractive investment.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.