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Property profile & analytics
OFF-MARKET
Showrooms
3111 Dixie Hwy, Shively, KY 40216-5009
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US34-0390637
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1997
Total area
5,040 SF
Lot
0.98 ac (42,776 SF)
Zoning code
C1-COMMERCIAL
APN
24101000970000
UPID
US34-0390637
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jim R Johnson · 3 yrs held
Jim R Johnson
since 2023
Last sale
$175,000
7 recorded transactions
Zoning & alternative use
C1-COMMERCIAL · Shively, 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 Shively submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shively 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,124
Tax year 2023
Assessed value
$212,810
Assessed 2023
Previous assessed
$209,260
+1.7% YoY
Effective rate
1.00%
On assessed value
Assessed land
$99,010
Assessed improvement
$113,800
Land market value
$99,010
Improvement market value
$113,800
Total market value
$212,810
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
1997
Heating
YES
Cooling
NONE
Buildings
3
Stories
1
Total area
5,040 SF
Lot
0.98 ac (42,776 SF)
Zoning code
C1-COMMERCIAL
APN
24101000970000
UPID
US34-0390637
Jurisdiction
JEFFERSON
Zoning & alternative use
C1-COMMERCIAL · Shively, KY
Zoning C1-COMMERCIAL · permitted uses
C1-COMMERCIAL · Shively, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shively. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
0.98 ac
Current owner
From public records · entity-resolved
Jim R Johnson
Individual
Mailing address
PO BOX 16219, LOUISVILLE, KY 40256-0219
Ownership since
2023
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
Jan 3, 2023
$175,000
Jim R Johnson
Affordable Waste Management INC
Deed
—
Jul 3, 2018
—
James Headden Septic Tank Svc
—
Deed
related
$2,500,000 · Rhonda R & Clinton E Stratton
Mar 7, 2013
—
James Headden Septic Tank Svc
—
Trustees Deed
related
$100,000 · Forcht Bank NA
Jul 27, 2010
—
James Headden Septic Tank Svc
—
Trustees Deed
related
$84,500 · Forcht Bank NA
—
—
James Headden Septic Tank Svc
—
Deed Of Trust
related
$136,829 · Forcht Bank NA
—
—
James Headden Septic Tank Svcs
—
Deed Of Trust
related
$72,089 · Fifth Third Bank
—
—
James Headden Septic Tank Svc
—
Deed Of Trust
related
$2,500,000 · Rhonda R & Clinton E Stratton
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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