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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Warehouses
3126 Preston Hwy Louisville, KY 40213
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US34-0350229
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2009
Total area
7,960 SF
Lot
1.99 ac (86,859 SF)
Zoning code
(C2)COMMERCIAL OVERLAY
APN
13083D00970000
UPID
US34-0350229
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
$1.05M
Comparable Approach
Comparable
$971k
Blend (final)
Blend
$765k
Owner & transaction history
A Another Room Self Storage 6 · 9 yrs held
A Another Room Self Storage 6
since 2016
4 recorded transactions
Zoning & alternative use
(C2)COMMERCIAL OVERLAY · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.3M
+115.5%
Office building
$925,000
+59.5%
Commercial (general)
$600,000
+3.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,140,000
6.5%
$1,050,000
7%
$975,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$580,000
Current use
RETAIL STORES
$1,255,000
Change: +116% · Conversion: Moderate
OFFICE BUILDING
$925,000
Change: +60% · Conversion: Difficult
COMMERCIAL (GENERAL)
$600,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±10%
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
$96 / 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
$19,964
Tax year 2023
Assessed value
$1,487,630
Assessed 2023
Previous assessed
$1,487,630
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$503,280
Assessed improvement
$984,350
Land market value
$503,280
Improvement market value
$984,350
Total market value
$1,487,630
Applied tax rate
23.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2009
Heating
YES
Cooling
NONE
Buildings
4
Stories
1
Total area
7,960 SF
Lot
1.99 ac (86,859 SF)
Zoning code
(C2)COMMERCIAL OVERLAY
APN
13083D00970000
UPID
US34-0350229
Jurisdiction
JEFFERSON
Zoning & alternative use
(C2)COMMERCIAL OVERLAY · Louisville, KY
Zoning (C2)COMMERCIAL OVERLAY · permitted uses
(C2)COMMERCIAL OVERLAY · Louisville, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Louisville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$580,000
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING
Est. value
$925,000
COMMERCIAL (GENERAL)
Est. value
$600,000
WAREHOUSE, STORAGE Current
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Lot
1.99 ac
Current owner
From public records · entity-resolved
A Another Room Self Storage 6
Individual
Mailing address
11720 DIXIE HWY, LOUISVILLE, KY 40272-4805
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2017
—
A Another Room Self Storage 6
—
Grant Deed
related
$2,350,000 · Wesbanco Bk
Oct 12, 2016
$2,500,000
A Another Room Self Storage 6
Southern Storage & Rentals INC
Warranty Deed
$450,000 · Your Cmnty Bk
May 31, 2005
$825,000
Southern Storage & Rentals INC
Oehrle,esther M
Grant Deed
$825,000 · Wells Fargo Financial Leasing
—
—
Southern Storage & Rentals INC
—
Deed Of Trust
related
$400,000 · First Savings Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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