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Property profile & analytics
FOR SALE
Warehouses
420 Roberts Ave Louisville, KY 40214
Entity Owned
~
Est. High Equity
Property ID
US34-2396141
For Sale
1 / 2
$1,550,000
420 Roberts Ave, Louisville, KY 40214
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Total area
11,000 SF
Lot
0.65 ac (28,458 SF)
Zoning code
M1-INDUSTRIAL
APN
24113201760000
UPID
US34-2396141
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
Current use
Occupant on record · Public records
-
Barista Pro Shop Grocery & Convenience Store Food Market
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
420 Roberts LLC
420 Roberts LLC
since 2026
4 recorded transactions
Zoning & alternative use
M1-INDUSTRIAL · Louisville, 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 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
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
$4,270
Tax year 2023
Assessed value
$388,880
Assessed 2023
Previous assessed
$388,880
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$71,190
Assessed improvement
$317,690
Land market value
$71,190
Improvement market value
$317,690
Total market value
$388,880
Applied tax rate
19.0000
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
WAREHOUSE, STORAGE
Status
For Sale
Year built
1998
Heating
YES
Cooling
YES
Stories
1
Total area
11,000 SF
Lot
0.65 ac (28,458 SF)
Zoning code
M1-INDUSTRIAL
APN
24113201760000
UPID
US34-2396141
Jurisdiction
JEFFERSON
Zoning & alternative use
M1-INDUSTRIAL · Louisville, KY
Zoning M1-INDUSTRIAL · permitted uses
M1-INDUSTRIAL · 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.
Building & site characteristics
From public records
Year built
1998
Heating
YES
Cooling
Yes
Stories
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
420 Roberts LLC
Entity
Mailing address
15215 RED CYN RNCH RD, LOVELAND, CO 80538-9184
Ownership since
2026
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
Apr 8, 2026
$825,000
420 Roberts LLC
Wig Elecktra LLC
Warranty Deed
$600,000 · L And N Federal Credit Union
May 24, 2013
$370,000
Wig Elecktra LLC
Jls Ents LLC
Grant Deed
$320,000 · Great Western Bank
Feb 2, 2011
—
Jls Ents LLC
R & R Ents LLC
Quit Claim Deed
related
—
Jul 9, 2009
—
R & R Ents LLC
Four Forty One LLC
Quit Claim Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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