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Property profile & analytics
OFF-MARKET
Estimated value
$14,675,000
Warehouses
5201 Interchange Way Louisville, KY 40229-2184
Entity Owned
~
Est. High Equity
Property ID
US34-0013491
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Total area
249,600 SF
Lot
15.62 ac (680,407 SF)
Zoning code
PEC-PLANNED EMPLOYMENT CE
APN
23008504280000
UPID
US34-0013491
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
-
North Atlantic Trading Co Inc Freight Service Logistics Company
-
Primal Brands Industrial Manufacturer Production Facility
-
National Tobacco Company Tobacco Supplier
-
DirectCBD Marketing & Advertising IT Consulting Firm
-
Turning Point Brands Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.22M
Blend (final)
Blend
$14.68M
Owner & transaction history
Interchange Way Dc Owner LLC
Interchange Way Dc Owner LLC
since 2025
Last sale
$14.5M
5 recorded transactions
Zoning & alternative use
PEC-PLANNED EMPLOYMENT CE · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$18.9M
+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
$14,475,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$18,225,000
Current use
COMMERCIAL (GENERAL)
$18,875,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$14.68M
Range $13.21M – $16.14M · ±10% · vs last sale $14.50M (Feb 1 2021)
Last sale anchor
$14.50M
Feb 1 2021
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
$59 / 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
$140,160
Tax year 2023
Assessed value
$12,000,000
Assessed 2023
Previous assessed
$12,481,145
-3.9% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,920,000
Assessed improvement
$10,080,000
Land market value
$1,920,000
Improvement market value
$10,080,000
Total market value
$12,000,000
Applied tax rate
6.0000
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
Off-Market
Year built
2000
Heating
YES
Cooling
YES
Stories
1
Total area
249,600 SF
Lot
15.62 ac (680,407 SF)
Zoning code
PEC-PLANNED EMPLOYMENT CE
APN
23008504280000
UPID
US34-0013491
Jurisdiction
JEFFERSON
Zoning & alternative use
PEC-PLANNED EMPLOYMENT CE · Louisville, KY
Zoning PEC-PLANNED EMPLOYMENT CE · permitted uses
PEC-PLANNED EMPLOYMENT CE · 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
$18.2M
COMMERCIAL (GENERAL)
Est. value
$18.9M
WAREHOUSE, STORAGE Current
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
2000
Heating
YES
Cooling
Yes
Stories
1
Lot
15.62 ac
Current owner
From public records · entity-resolved
Interchange Way Dc Owner LLC
Entity
Mailing address
100 W MATSONFORD RD STE #250, RADNOR, PA 19087-4558
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2025
$17,400,000
Interchange Way Dc Owner LLC
Exeter 5201 Interchange 2020 LLC
Special Warranty Deed
$192,060,000 · Wells Fargo Bank NA
May 1, 2025
—
Exeter 5201 Interchange 2020 LLC
—
Deed
related
$273,000,000 · Wells Fargo Bank NA
Feb 1, 2021
$14,500,000
Exeter 5201 Interchange 2020 LLC
Mid South 5201 Interchange Ky LLC
Special Warranty Deed
—
Jul 11, 2011
$8,300,000
Exeter 5201 Interchange LLC
Crossroad Commercial II LP
Deed Of Trust
related
$180,000,000 · Wells Fargo Bank
Jun 7, 2011
$7,760,000
Commercial Crossroad II
Grief Packaging LLC
Grant Deed
$7,802,000 · American National Insurance Co
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
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