1226 Rowan Street

Louisville, KY 40203

Listing ID: 196698

$2,100,000

For Sale

Property Type Industrial : Flex/Office Warehouse
Lot Size Acres 0.000
Building Sq Ft 28,000
Building Price per Sq Ft $75.00
Land Price per Sq Ft $75.00

1226 Rowan Street Louisville, KY 40203 - main image

Description

Buy the leased investment at a competitive cap rate and get 14,000 sf for free!
In the Opportunity Zone and perfect for an owner occupant that desires an income component with an extremely high caliber tenant that justifies the purchase price!
The Mercedes-Benz Training Center is a certified training and education facility hosted by Jefferson Community Technical College for the advancement of students seeking specialized certification on the maintenance of Mercedes-Benz vehicles.
Also, adjacent to the extended Waterfront Park and River Road developments, this exciting property is ripe for many other uses ranging for manufacturing, education, retail, housing or office spaces.
Please contact us for a tour!

Attachments & Files

anonymousreport2021-02-17092218906-Ct2-1gt.pdf

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		10,177	108,150	250,028
Population Median Age		32	36	38
Population by Age	0-9 Yrs	2048 (20%)	14453 (13%)	30545 (12%)
	10-19 Yrs	1144 (11%)	14773 (13%)	30888 (12%)
	20-29 Yrs	1908 (18%)	19774 (18%)	42513 (17%)
	30-39 Yrs	1390 (13%)	14298 (13%)	34169 (13%)
	40-49 Yrs	1308 (12%)	12570 (11%)	29823 (11%)
	50-59 Yrs	1103 (10%)	14407 (13%)	33209 (13%)
	60-69 Yrs	822 (8%)	10312 (9%)	27508 (11%)
	70+ Yrs	453 (4%)	7563 (6%)	21372 (8%)

Median HH Income		$9,999	$27,537	$37,681
Total Household Income	< 24K	2443 (64%)	20446 (46%)	36267 (34%)
	25-49K	714 (18%)	12018 (27%)	28582 (27%)
	50-74K	345 (9%)	5556 (12%)	17061 (16%)
	75-99K	108 (2%)	2761 (6%)	9295 (8%)
	100-199K	136 (3%)	2688 (6%)	10628 (10%)
	200K+	66 (1%)	393 (0%)	2367 (2%)

Highest Education Level	No Diploma	1533	12124	24525
	Diploma or GED	2151	23038	51412
	Some College	1427	17730	40193
	Assoc. Degree	254	4362	11549
	Bachelors Degree	423	6581	23286
	Higher Degree	190	4525	16865

Total Housing Units		4,774	55,035	123,488
--Owner-Occupied		644	14,492	47,361
--Renter-Occupied		3,169	29,371	56,839
Owner-Occupied Values	< 100K	516	9397	20624
	100-199K	40	3602	16924
	200-299K	29	868	4905
	300-399K	16	224	2013
	400-499K	27	94	1098
	500K+	16	308	1797

Total Working Age Population		7,388	86,171	202,595
In Work Force		3,470	50,218	127,001
Not In Work Force		3,918	35,953	75,594
Workforce Employed		2,603	44,070	115,547
Workforce Unemployed		867	6,123	11,358
Civlian Workforce		3,470	50,193	126,905
Military Workforce		0	25	95

Total Households		3,813	43,863	104,201
Family Households		1,998	19,930	51,889
Non-Family Households		1,815	23,933	52,312
Married Couple		540	7,485	27,372
Other Family		1,458	12,445	24,517
Married w/Child		200	2,113	8,503
Single Male w/Child		103	1,070	2,187
Single Female w/Child		1,091	6,281	11,132

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Indiana	6,080,485	+7	6,483,802	+4	6,738,573	+4	7,014,880
Floyd County	70,823	+5	74,578	+6	78,826	+3	81,345
Clark County	96,472	+14	110,232	+9	119,944	+8	129,070
Kentucky	4,041,769	+7	4,339,367	+4	4,533,464	+4	4,726,382
Jefferson County	693,604	+7	741,096	+7	790,010	+6	837,477

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.