Catylist ID:
#30722856
10,418 Sq Ft Concrete Warehouse - 1.75 Acres
Industrial
for Sale
| Catylist Listing ID: | 30722856 |
| Property Subtypes: | Cold Storage, Flex Space, Food Processing, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Truck Terminal, Warehouse/Distribution, Other |
| Building Size (RSF): | 10,418 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.93 - 1.75 Acres |
| Sale Price: | $980,000 |
| Unit Price: | $94.07 PSF |
| Ceiling: | 12 ft. |
| Docks/Doors: | 1 Dock |
| Office SF: | 1,316 SF |
| Drive In Bays: | 1 Bay |
| Property Use Type: | Vacant/Owner-User, Business |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/29/2024 |
Overview / Comments
|
Hundreds of millions of dollars spent and being spent within 5 minutes of this property. See attachments. Site Description: This all-concrete warehouse (floor, walls, roof) is located on 1.75 acres, most of which is also concrete pad on level ground. Highway Access: As you will see from the photos, the property is just minutes from multiple interstate access. Address; The property is located at 3044 and 3048 West Brodway and comprises 4 contiguous parcels:: 046A00200000 - 0.4442 acres 046A00210000 - 0.3808 acres 046A00220000 - 0.4946 acres 046A00260000 - 0.4349 acres Entry: Entry to the property is via one of 3 gates: one at the north end, one in the middle on the west side of the property and one on the south end. Division of Space: The 10, 416 warehouse space is divided as follows: 8322 sq ft of storage warehouse space (includes 1760 sq ft insulated area) 780 sq ft loading dock 1316 sq ft office space 10,416 total sq ft Insulated Area - Cold Storage - Sound Barrier: Running along the west wall of the building is a 22' wide enclosed room which is extremely well insulated. We believe it was once used for cold storage of some type. It is insulated with Styr, a concrete-backed styrofoam insulation. Loading Dock: The loading dock is almost the width of the building and can accommodate 5 parked trucks simultaneously. Drive-In Door: The drive-in door is about 10 feet high. Ceilings: 12' ceilings Span: Clearspan Utilities: Electric, Water, Gas, Municipal Sewer Railway Spur: The property's eastern border is a railway track running N-S; there are railway tracks on the property and evidence that there was once an adjoining spur. From a conversation with the railways, it appears that the rail spur could be used if needed. Buyer to verify. Zoning: Zoned EZ-1, (Enterprize Zone District), this property allows all uses permitted in the C-2 Commercial and M-3 Industrial zones, with a few exceptions. Condition: The building (roof, walls, floor) and parking pad are constructed from virtually indestructible concrete. Roof rep[laced in 2021. Some rehab required. Area Development: This property is in the path of progress. Hundreds of millions of dollars in recent development are close by. Land: This sale includes 0.9295 acres (lots 22 and 26). An additional contiguous 0.825 acres (lots 20 and 21) is available at additional cost. |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 046A00200000 |
| Zoning: | EZ-1 - Enterprise Zone District |
| Property Located Between: | W Broadway and Garland Ave. |
| Highway Access: | Closest Access to I-264; easy access to other interstates. |
| Rail Access: | Yes |
| Airports: | SDF |
| Site Description: | Level, mostly paved with concrete. 3 sides fenced. |
| Area Description: | Hundreds of millions of dollars have been pumped into new developments within a stone's throw of this property, with more investment money to come. See, for example, the articles numbered 1 through 5, attached to this listing. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Year Built: | 1960 |
| Year Renovated: | 2022 |
| Roof Type: | Flat |
| Construction/Siding: | Concrete |
| Exterior Description: | Concrete, extremely durable |
| Parking Type: | Surface |
| Parking Description: | Most of the area not occupied by the building is flat and paved with concrete and can be used for parking. |
| Zoning Description: | EZ-1 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Land Ownership: | Fee Simple |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 22,608 | 110,066 | 246,060 |
| Median Age: | 34.5 | 35.24 | 36.47 |
| Households: | 8,748 | 45,329 | 104,538 |
| The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions. |
