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Property profile & analytics
OFF-MARKET
Estimated value
$2,855,000
Showrooms
3301 Dixie Hwy, Shively, KY 40216-5013
Individually Owned
15-yr Hold
Free & Clear
Property ID
US34-2258793
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1937
Total area
104,480 SF
Lot
9.78 ac (425,886 SF)
Zoning code
EZ1-ENTERPRISE ZONE
APN
24101000670000
UPID
US34-2258793
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
$3.26M
Blend (final)
Blend
$2.86M
Owner & transaction history
Matthew Shaughnessy · 15 yrs held
Matthew Shaughnessy
since 2011
7 recorded transactions
Zoning & alternative use
EZ1-ENTERPRISE ZONE · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.86M
Range $2.57M – $3.14M · ±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
$27 / 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
$23,238
Tax year 2023
Assessed value
$2,328,410
Assessed 2023
Previous assessed
$1,664,470
+39.9% YoY
Effective rate
1.00%
On assessed value
Assessed land
$585,990
Assessed improvement
$1,742,420
Land market value
$585,990
Improvement market value
$1,742,420
Total market value
$2,328,410
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
1937
Heating
YES
Cooling
YES
Stories
1
Total area
104,480 SF
Lot
9.78 ac (425,886 SF)
Zoning code
EZ1-ENTERPRISE ZONE
APN
24101000670000
UPID
US34-2258793
Jurisdiction
JEFFERSON
Zoning & alternative use
EZ1-ENTERPRISE ZONE · Shively, KY
Zoning EZ1-ENTERPRISE ZONE · permitted uses
EZ1-ENTERPRISE ZONE · 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
1937
Heating
YES
Cooling
Yes
Stories
1
Lot
9.78 ac
Current owner
From public records · entity-resolved
Matthew Shaughnessy
Individual
Free & Clear · 15 yrs held
Mailing address
3301 DIXIE HWY, LOUISVILLE, KY 40216-5013
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2017
—
Dixie Lcc Properties LLC
—
Grant Deed
related
$1,330,000 · Republic Bk&tr
Mar 15, 2011
$1,000
Matthew Shaughnessy
Dixie Equity LLC
Quit Claim Deed
related
—
Jul 8, 2008
—
Dixie Equity LLC
—
Trustees Deed
related
$500,000 · J P Morgan Chase Bank
Apr 28, 2008
$1,500,000
Dixie Equity LLC
Maypop LLC
Grant Deed
related
$900,000 · J P Morgan Chase Bank
Mar 19, 2008
—
Maypop LLC
Antioch Missionary Baptist Ch/
Grant Deed
related
—
—
—
Dixie Equity LLC
—
Deed Of Trust
related
$603,854 · J P Morgan Chase Bank
—
—
Dixie Lcc Properties LLC
—
Loan Modification
related
$2,000,000 · Fifth Third Bank
—
—
Maypop LLC
—
Deed Of Trust
related
$503,431 · J P Morgan Chase 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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