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Property profile & analytics
OFF-MARKET
Industrial properties

765 Industrial N Byp Franklin, KY 42134-5263

20,000 SF 9.06 ac lot Built 1990
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US34-1072553
Property summary
AI-generated overview

This exceptional 20,000-square-foot flex/warehouse building in Franklin, KY, presents a compelling investment opportunity. Located at 765 Industrial Bypass, this single-story, Class B property sits on a generous 9.065-acre lot zoned I2 - Heavy Industrial. Built in 1990, the building boasts a 14-foot ceiling height and features approximately 10,000 square feet of existing office space and 10,000 square feet of open flex space, adaptable to various needs. Two dock-high doors provide convenient access to the rear flex area. The steel frame construction allows for flexible configuration; internal walls can be removed to create a large, open warehouse space, or the space can be easily divided to suit specific requirements. The property's former use as an operations center for Charles Deweese Construction, Inc. speaks to its robust construction and suitability for a variety of industrial uses. Priced at $1,595,000 ($79.75/sq ft), this vacant property offers significant potential for immediate occupancy and customization. Its prime location in Simpson County, KY, and ample acreage provide room for expansion or future development. This is an ideal opportunity for businesses seeking a versatile and well-located industrial space.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1990
Total area 20,000 SF
Lot 9.06 ac (394,871 SF)
APN 006-00-02-001.01
UPID US34-1072553
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
  • Charles Deweese Construction Inc. Construction Company
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
Csr Bg Investments LLC · 2 yrs held
Csr Bg Investments LLC
since 2023
2 recorded transactions
2023
$1.1M
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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