Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7601 Prt Rd Louisville, KY 40258-2861

    • Manufacturing properties
    • 101,050 SF
    • 9.68 lot acres
    OFF-MARKET
    Value Estimations
    $3,945,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US34-0003374
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Greenkote / Powder Coating Service

    Property Details for 7601 Prt Rd

    Year built
    1994
    Lot size
    9.68 lot acres
    Property size
    101,050 SF
    Zone code
    M3-INDUSTRIAL
    Property type
    Manufacturing properties
    APN
    25230600780000
    APU
    25230600780000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,420,000
      Market price range: $2.75M - $7.67M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $5,210,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.8941
    Latitude
    38.1651
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $55,227
    $726,000
    $3,883,970
    $4,609,970
    -
    $726,000
    $3,883,970
    $4,609,970

    Comparable in this City

    • Value Estimation
      $5,925,000
      154,400 SF

      10901 Greenbelt Hwy

      MANUFACTURING (LIGHT) • 154,400 SF
      10901 Greenbelt Hwy, Louisville, KY 40258-1888
      View Details
    • Value Estimation by Request
      9,580 SF

      7331 Intermodal Dr

      MANUFACTURING (LIGHT) • 9,580 SF
      7331 Intermodal Dr, Louisville, KY 40258-2863
      View Details
    • Value Estimation
      $1,370,000
      28,400 SF

      8340 Cane Run Rd

      MANUFACTURING (LIGHT) • 28,400 SF
      8340 Cane Run Rd, Louisville, KY 40258-1884
      View Details
    • Value Estimation
      $1,510,000
      31,598 SF

      7201 Distribution Dr

      MANUFACTURING (LIGHT) • 31,598 SF
      7201 Distribution Dr, Louisville, KY 40258-2828
      View Details
    • Value Estimation
      $1,980,000
      47,000 SF

      7081 International Dr

      MANUFACTURING (LIGHT) • 47,000 SF
      7081 International Dr, Louisville, KY 40258-2865
      View Details
    • Value Estimation
      $16,290,000
      427,337 SF

      7301 Logistics Dr

      MANUFACTURING (LIGHT) • 427,337 SF
      7301 Logistics Dr, Louisville, KY 40258-3189
      View Details

    Similar Nearby for Sale

    • $995,000
      16.00 Acres

      Riverport Industrial Land - 16 Acres

      Prime Riverport location, 16 acres, M-3 zoning.
      7508 Cane Run Rd, Louisville, KY 40258
      View Details
    • Contact for pricing

      Former Car Wash on Dixie

      Freestanding car wash on 0.86 acres in Dixie Trade Area.
      7773 Dixie Hwy, Louisville, KY 40258
      View Details
    • Contact for pricing

      Riverport Land with River Frontage

      Vacant land in Riverport with frontage on Ohio River.
      7508 Cane Run Rd, Louisville, KY 40258
      View Details
    • Contact for pricing
      912 SF

      Dixie Highway Commercial Property

      Prime Louisville Retail/Office Space
      7800 Dixie Hwy, Louisville, KY 40258
      View Details
    • $1,195,000
      5,202 SF

      Riverport Plaza Restaurant - Louisville

      Prime Restaurant Space, High Visibility
      7215 Riverport Plaza Dr, Louisville, KY 40258
      View Details
    • $995,000

      Former JCPS Childcare Education Center

      Well-maintained 8,900 SF building on 3+ acres, suitable for various uses.
      7401 Riverport Dr, Louisville, KY 40258
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      82,950 SF

      Industrial Space Available For Lease

      82,950 square foot industrial property available for lease.
      7240 Global Dr, Louisville, KY 40258
      View Details
    • Contact for pricing
      57,600 SF

      Industrial Space with Office

      57,600 SF industrial space with office and loading docks.
      10641-10651 Freeport Dr, Louisville, KY 40258
      View Details
    • Contact for pricing
      519,000 SF

      Cane Run Road Warehouse Space

      519,000 sqft warehouse/distribution space available for lease.
      6001 Cane Run Rd, Louisville, KY 40258
      View Details
    • Contact for pricing
      212,500 SF

      Industrial Warehouse Space Available

      212,500 sqft warehouse space for lease.
      9001 Cane Run Rd, Louisville, KY 40258
      View Details
    • Contact for pricing
      22,000 SF

      Warehouse Space with Equipped Docks

      Available warehouse space featuring equipped docks and drive-in door.
      7105 Global Dr, Louisville, KY 40258
      View Details
    • Contact for pricing
      100,000 SF

      Louisville Warehouse Space Available

      100,000 sq ft warehouse space for lease.
      7101 Intermodal Dr, Louisville, KY 40258
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7601 Prt Rd
    Louisville, KY 40258-2861
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!