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Property profile & analytics
OFF-MARKET
Auto shops
5204 Preston Hwy Louisville, KY 40213-2722
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US34-2344767
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2001
Total area
4,290 SF
Lot
1.78 ac (77,363 SF)
Zoning code
C2-COMMERCIAL
APN
13087K04130000
UPID
US34-2344767
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
-
Clark Nissan Car Dealership
-
Greg Coats Cars and Trucks Car Dealership
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
Coats Properties I LLC · 1 yrs held
Coats Properties I LLC
since 2024
7 recorded transactions
Zoning & alternative use
C2-COMMERCIAL · 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
$10,103
Tax year 2023
Assessed value
$752,800
Assessed 2023
Previous assessed
$752,800
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$626,110
Assessed improvement
$126,690
Land market value
$626,110
Improvement market value
$126,690
Total market value
$752,800
Applied tax rate
23.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2001
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
4,290 SF
Lot
1.78 ac (77,363 SF)
Zoning code
C2-COMMERCIAL
APN
13087K04130000
UPID
US34-2344767
Jurisdiction
JEFFERSON
Zoning & alternative use
C2-COMMERCIAL · Louisville, KY
Zoning C2-COMMERCIAL · permitted uses
C2-COMMERCIAL · 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
2001
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.78 ac
Current owner
From public records · entity-resolved
Coats Properties I LLC
Entity
Mailing address
5204 PRESTON HWY, LOUISVILLE, KY 40213-2722
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2024
—
Coats Properties I LLC
—
Deed
related
$2,000,000 · Stock Yards Bank & Trust Co
Nov 15, 2023
—
Coats Properties I LLC
—
Deed
related
$1,000,000 · Stock Yards Bank & Trust Co
Oct 14, 2020
—
Coats Properties I LLC
—
Deed
related
$1,500,000 · Stockyard Bk&tr
Jul 10, 2020
—
Coats Properties I LLC
—
Deed
related
$8,000,000 · Stockyard Bk&tr
Sep 9, 2019
—
Coats Properties I LLC
—
Loan Modification
related
$7,500,000 · Stockyard Bk&tr
Aug 7, 2018
—
Coats Properties I LLC
—
Loan Modification
related
$7,000,000 · Stockyard Bk&tr
Aug 2, 2017
—
Coats Properties I LLC
—
Deed
related
$4,000,000 · Stock Yards Bk
Mar 20, 2012
—
Coats Properties I LLC
—
Deed Of Trust
related
$3,000,000 · Stock Yards Bank
Jun 3, 2011
—
Coats Properties I LLC
—
Deed Of Trust
related
$1,000,000 · Stock Yards Bank
Sep 17, 2010
—
Coats Properties I LLC
—
Deed Of Trust
related
$1,000,000 · Stock Yards Bank
—
—
Coats Properties I LLC
—
Loan Modification
related
$4,000,000 · Stockyard Bk&tr
—
—
Coats Properties I LLC
—
Loan Modification
related
$8,000,000 · Stockyard Bk&tr
—
—
Coats Properties I LLC
—
Deed Of Trust
related
$1,000,000 · Fifth Third Bank
—
—
Coats Properties I LLC
—
Deed Of Trust
related
$1,000,000 · Stock Yards Bank
—
—
Coats Properties I LLC
—
Deed Of Trust
related
$1,000,000 · Stock Yards Bank
—
—
Coats Properties I LLC
—
Deed Of Trust
related
$1,000,000 · Stock Yards Bank
—
—
Coats Properties I LLC
—
Deed Of Trust
related
$500,000 · Stock Yards Bank
—
—
Coats Properties I LLC
—
Loan Modification
related
$4,000,000 · Stock Yards Bk
—
—
Coats Properties I LLC
—
Deed Of Trust
related
$1,500,000 · Stockyard Bk&tr
—
—
Coats Properties I LLC
—
Loan Modification
related
$9,500,000 · Stockyard Bk&tr
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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