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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Auto shops
6101 Shepherdsville Rd Louisville, KY 40228-1007
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US34-2302326
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1968
Total area
6,120 SF
Lot
0.88 ac (38,246 SF)
Zoning code
C1-COMMERCIAL
APN
23063500220000
UPID
US34-2302326
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
-
Big O Tires Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$682k
Blend (final)
Blend
$785k
Owner & transaction history
Black Knight 24 LLC · 2 yrs held
Black Knight 24 LLC
since 2024
Last sale
$835,000
7 recorded transactions
Zoning & alternative use
C1-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
$835,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,170,000
Current use
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $835k (Dec 28 2021)
Last sale anchor
$835k
Dec 28 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
$128 / 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
$9,753
Tax year 2023
Assessed value
$835,000
Assessed 2023
Previous assessed
$835,000
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$246,570
Assessed improvement
$588,430
Land market value
$246,570
Improvement market value
$588,430
Total market value
$835,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1968
Heating
YES
Cooling
YES
Stories
1
Total area
6,120 SF
Lot
0.88 ac (38,246 SF)
Zoning code
C1-COMMERCIAL
APN
23063500220000
UPID
US34-2302326
Jurisdiction
JEFFERSON
Zoning & alternative use
C1-COMMERCIAL · Louisville, KY
Zoning C1-COMMERCIAL · permitted uses
C1-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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.2M
AUTO REPAIR, GARAGE Current
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
1968
Heating
YES
Cooling
Yes
Stories
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Black Knight 24 LLC
Entity
Mailing address
1058 MAJESTIC OAKS WAY, SIMPSONVILLE, KY 40067-6670
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2024
$3,315,145
Black Knight 24 LLC
Steve Towers Holding LLC
Special Warranty Deed
—
May 30, 2023
—
Steve Towers Holding LLC
—
Deed
related
$2,369,500 · The Huntington National Bank
Dec 28, 2021
$835,000
Stove Towers Holdings LLC
Bi Mark INC
Deed
$709,750 · Firstbank
Dec 28, 2021
—
Steve Towers Holding LLC
—
Deed
related
$709,750 · Firstbank
Jul 11, 2008
—
Bi-mark INC
—
Trustees Deed
related
$60,569 · Kentucky Hm Bk
Oct 11, 2004
—
Bi-mark INC
—
Trustees Deed
related
$42,220 · Kentucky Hm Bk
—
—
Bi-mark INC
—
Deed Of Trust
related
$60,000 · Kentucky Hm Bk
—
—
Bi-mark INC
—
Deed Of Trust
related
$75,000 · Kentucky Hm Bk
—
—
Bi-mark INC
—
Deed Of Trust
related
$457,579 · Kentucky Hm Bk
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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