Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4022 Produce Rd Watterson Park, KY 40218-6015

    • Warehouses
    • 20,904 SF
    • 1.17 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Location Intelligence
    Property ID
    US34-0278519
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 4022 Produce Rd

    Year built
    1968
    Lot size
    1.17 lot acres
    Property size
    20,904 SF
    Zone code
    M3-INDUSTRIAL
    Property type
    Warehouses
    APN
    23061601740000
    APU
    23061601740000

    Description

    This exceptional 20,904-square-foot industrial property, located at 4022 Produce Rd in Louisville, Kentucky, presents a unique investment opportunity. The single-story building, constructed in 1968, sits on a 1.2-acre lot (52,347 square feet) and is zoned M3. Currently, 2,515 square feet of space is available for lease within this multi-tenant building. The property's diverse functionality caters to various business needs, encompassing executive office, flex space, warehouse, and R&D uses. Seven loading docks and one dock-high door ensure efficient loading and unloading operations. The property's strategic location in Jefferson County, Kentucky, offers convenient access to major transportation routes and a thriving business community. The building's single-story design provides easy accessibility and maximizes usable space. This versatile property is ideal for businesses seeking a combination of office and warehouse space, or those requiring adaptable space for research and development. The available 2,515 square feet offers immediate occupancy potential for a growing enterprise. Don't miss this chance to secure a prime location in a dynamic market.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $465,000

    • CAP approach

      CAP return
      Estimation
      6%
      $630,000
      6.5%
      $620,000
      7%
      $600,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $630,000
      Geo Method
      $635,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $660,000
      Retail
      $665,000
      Mixed-Use
      $625,000
      Hospitality
      $600,000
      Educational
      $655,000
      Residential Income
      $515,000
      Energy
      $570,000
      Income-Based Land
      $495,000
      Food Service
      $495,000

    Location Insight

    • Map
    • Local Demand
    City
    Watterson Park
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.6831
    Latitude
    38.1835
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,599
    $198,680
    $531,320
    $730,000
    -
    $198,680
    $531,320
    $730,000

    Comparable in this City

    • Value Estimation by Request
      0.09 Acres

      1528 Petunia Ave

      WAREHOUSE, STORAGE • 0.09 Acres
      1528 Petunia Ave, Louisville, KY 40218-2928
      View Details
    • Value Estimation by Request
      11.42 Acres

      4310 Chefs Way

      WAREHOUSE, STORAGE • 11.42 Acres
      4310 Chefs Way, Watterson Park, KY 40218-3078
      View Details
    • Value Estimation by Request
      23,464 SF

      4201 Produce Rd

      WAREHOUSE, STORAGE • 23,464 SF
      4201 Produce Rd, Watterson Park, KY 40218-3064
      View Details
    • Value Estimation by Request
      18,750 SF

      4441 Kiln Ct

      Distribution properties • 18,750 SF
      4441 Kiln Ct, Watterson Park, KY 40218
      View Details
    • Value Estimation
      $1,735,000
      18,900 SF

      3507 Bashford Ave

      WAREHOUSE, STORAGE • 18,900 SF
      3507 Bashford Ave, Louisville, KY 40218
      View Details
    • Value Estimation by Request
      5,365 SF

      3502 Bashford Ave

      MINI-WAREHOUSE, STORAGE • 5,365 SF
      3502 Bashford Ave, Louisville, KY 40218-3167
      View Details

    Similar Nearby for Sale

    • $4,500,000

      Land Available on Bardstown Road

      Land for sale on Bardstown Road, Louisville.
      5119 Bardstown Rd, Louisville, KY 40218
      View Details
    • $400,000
      Pending

      Well-Maintained Quadplex in Louisville

      Performing quadplex with long-term tenants and room for rent growth.
      2212 Gerald Ct, Louisville, KY 40218
      View Details
    • Contact for pricing
      7,200 SF

      Louisville Bar & Winery - Turnkey Opportunity

      Established bar & winery; 7,200 sq ft; turnkey operation.
      2118 Bruce Ave, Louisville, KY 40218
      View Details
    • $152,500

      Spacious Condo with Modern Amenities

      Well-maintained 2-bedroom condo with garage, pool, and clubhouse.
      2845 Hikes Ln, Louisville, KY 40218
      View Details
    • $2,750,000
      16,958 SF

      Retail Property on Hikes Lane

      Highly visible retail property in a heavily trafficked commercial area.
      1918 Hikes Ln, Louisville, KY 40218
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      20,000 SF

      Renovated Office/Warehouse Facility For Lease

      Renovated office/warehouse with secure storage, ideal for various operations.
      4676 Jennings Ln, Louisville, KY 40218
      View Details
    • Contact for pricing
      11,945 SF

      Retail Building with Drive-Thru

      Freestanding retail building with drive-thru available for sublease.
      3700 Bardstown Rd, Louisville, KY 40218
      View Details
    • $10 SF/Yr
      11,650 SF

      2210 Meadow Drive #2

      Government properties • 11,650 SF
      2210 Meadow Dr, Louisville, KY 40218
      View Details
    • Contact for pricing
      50,000 SF

      Bardstown Road Retail Center

      High-traffic retail space, 3,000-50,000 SF
      3530 Bardstown Rd, Louisville, KY 40218
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4022 Produce Rd
    Watterson Park, KY 40218-6015
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.