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Property profile & analytics
OFF-MARKET Estimated value $1,805,000
Warehouses

8000 Warwick Ave Lyndon, KY 40222-4419

21,600 SF 2.11 ac lot Built 1998
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US34-0360396
Property summary
AI-generated overview

This exceptional 21,600-square-foot industrial property, located at 8000 Warwick Avenue in Louisville, Kentucky, presents a significant opportunity. The property boasts a versatile design, encompassing warehouse, distribution, free-standing, and showroom space, all within a single building. The building features two stories, offering ample storage and operational space. High ceilings, measuring 19 feet, provide significant vertical clearance for various uses. Convenient loading and unloading are facilitated by two loading docks and two drive-in doors. The property sits on a generous 2.11-acre lot, providing ample room for maneuvering and potential expansion. The zoning designation is CM - Commercial Manufacturing, allowing for a wide range of industrial and commercial activities. The entire 21,600 square feet is currently vacant, offering immediate occupancy for a single tenant. This property is situated in Jefferson County, Kentucky, with a zip code of 40222, and offers easy access to major transportation routes, making it an ideal location for distribution and logistics operations. The property's APN is 308500090000. This is a rare opportunity to acquire a substantial, well-located industrial property in a thriving Kentucky market.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1998
Total area 21,600 SF
Lot 2.11 ac (92,129 SF)
Zoning code M1-INDUSTRIAL
APN 21308500090000
UPID US34-0360396
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.91M
Blend (final) Blend
$1.81M
Owner & transaction history
Dreisbach Dev Co · 6 yrs held
Dreisbach Dev Co
since 2020
7 recorded transactions
2020
Price N/A
2019
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M1-INDUSTRIAL · Lyndon, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.8M +75.4%
Commercial (general) $1.7M +4.8%
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