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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Showrooms
5501 Fern Vly Rd, Louisville, KY 40228-1057
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US34-0001677
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1976
Total area
37,690 SF
Lot
3.32 ac (144,619 SF)
Zoning code
C2-COMMERCIAL
APN
23209100780000
UPID
US34-0001677
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
-
Diler barato Auto Repair Shop
-
United Auto Used Car Sales & Service Car Dealership
-
Pinkys Semi Towing & Impound Auto Repair Shop
-
502 Towing and Recovery Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.64M
Blend (final)
Blend
$1.50M
Owner & transaction history
6309 Shepherdsville LLC · 5 yrs held
6309 Shepherdsville LLC
since 2020
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
Method
Estimation
Statistic approach
$1,430,000
ML approach
$1,420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±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
$40 / 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
$12,392
Tax year 2023
Assessed value
$1,060,940
Assessed 2023
Previous assessed
$1,060,940
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$681,210
Assessed improvement
$379,730
Land market value
$681,210
Improvement market value
$379,730
Total market value
$1,060,940
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1976
Heating
YES
Cooling
YES
Stories
2
Total area
37,690 SF
Lot
3.32 ac (144,619 SF)
Zoning code
C2-COMMERCIAL
APN
23209100780000
UPID
US34-0001677
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
1976
Heating
YES
Cooling
Yes
Stories
2
Lot
3.32 ac
Current owner
From public records · entity-resolved
6309 Shepherdsville LLC
Entity
Mailing address
6309 SHEPHERDSVILLE RD, LOUISVILLE, KY 40228-1027
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2020
$1,500,000
6309 Shepherdsville LLC
5501 Fern Valley Road LLC
Grant Deed
$850,000 · Stockyard Bk&tr
Jan 7, 2005
$2,300,000
Bank One NA
Commissioner Of Jefferson County
Trustees Deed
related
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5501 Fern Valley Road LLC
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Loan Modification
related
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5501 Fern Valley Road LLC
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Loan Modification
related
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5501 Fern Valley Road LLC
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Loan Modification
related
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5501 Fern Valley Road LLC
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Deed Of Trust
related
$1,300,000 · Eclipse Bank
—
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5501 Fern Valley Road LLC
—
Deed Of Trust
related
$1,000,000 · 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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