Reduced: $400,000 below Appraisal

Industrial for Sale
Catylist Listing ID: 30188438
Property Subtypes: Flex Space, Free-Standing, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution, Other
Building Size (RSF): 79,440 SF
Gross Building Area: See Agent
Gross Land Area: 3 Acres
Sale Price: $4,950,000
Unit Price: $62.31 PSF
Docks/Doors: 9 Docks
Office SF: 12,000 SF
Property Use Type: Vacant/Owner-User
Building Name: Neill LaVielle
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2018

Overview / Comments

Perfect Location just off I-65 at the Arthur St Exit Ramp. Currently owned and occupied by a Local distribution company, Neil LaVielle can remain as a Tenant for a period of time while re-development plan has been approved and new owner is ready to begin construction.

Building is approximately 80,000 sf of warehouse and office space. This building could be refitted for multiple uses as well.

Located just one block off of the I-65 & Authur St exit, this site has immediate access off and onto I-65 South.

Office space is divided into 14/15 private offices around the perimeter, large 26' x 20' Conference Room, large open area for cubicles. There is a small raised floor Data Center with Halon Fire Suppression in place. Office area ceiling height is 10'.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 035A01010000
Zoning: EZ-1 - Enterprise Zone District
Property Located Between: I-65 Cooridor
Highway Access: Directly off and onto I-65 with no traffic signals. This is an excellent easy access distribution location.
Airports: Louisville International Airport less than one mile
Site Description: Flat and Improved with all Utilities present and operational
Area Description: Airport Corridor of I-65
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1974
Roof Type: Arched
Construction/Siding: Steel Frame
Parking Type: Surface
Parking Description: 55 off street parking spots with additional street parking
Total Parking Spaces: 55
Column Spacing: 30'
Sprinklers: Wet
Amps: 1,200
X-Phase: 3-Phase
Heat Type: Natural Gas, Space Heaters
Heat Source: Central, Ceiling Units
Air Conditioning: Engineered System
Lighting: Fluorescent
Zoning Description: EZ-1 is the combination of heavy retail and industrial providing for almost endless opportunities.
Lot Frontage: 417
Lot Depth: 300
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,649 148,546 316,249
Median Age: 32.25 35.36 36.77
Households: 11,234 64,975 135,807


Photograph of Listing Agent

Wallace R Fluhr

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