315 Stephen Boone Ct, Louisville, KY 40214-2760
This exceptional investment opportunity encompasses two Louisville, KY properties totaling approximately 5.42 acres. The main facility at 315 Stephen Boone Ct. features a 5,600 sq ft service/workshop with seven bays and 14-foot door height, plus 2,500 sq ft of office space. Built in 1958, it boasts a 2014 roof replacement and a complete HVAC overhaul in 2022, along with updated plumbing and electrical systems, and fire suppression. The property also includes a graveled lot. The second property, located at 6320 Strawberry Ln., offers a 6,600 sq ft warehouse with three docks, two offices, and three bathrooms. This property sits on approximately 2.36 acres. Both properties are strategically located near Louisville International Airport and major customers, offering convenient access to key transportation routes. The combined properties currently house a thriving trucking company with 29 trucks and 58 dry vans (53ft), along with on-site workshop facilities for equipment maintenance. An underutilized warehouse presents an opportunity for expanded operations. The asking price for this turnkey business and real estate package is $7,000,000. No environmental surveys are available.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
EZ1-ENTERPRISE ZONE · Louisville, KYLouisville. Always verify with local authorities before improvements.
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.