Industrial Property for Sale in Louisville, KY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Louisville, KY 40299
  • Year built: 1971

Description

Marcus & Millichap is pleased to present 10005 Bunsen Way, a 22,469-square-foot industrial warehouse located in Louisville, Kentucky. The building is located on 1.28 acres in the desirable Bluegrass Research & Industrial Park, a great location for business that boasts exceptional accessibility and zoning flexibility. Configured for video production studios, warehouse, conference areas and offices, the building offers a diverse range of functional space. Built in 1971, the building has undergone significant interior renovations and exterior upgrades in 2023 - 2024, exceeding $500,000 in project cost. A list of these upgrades appear in this document and includes plumbing, HVAC, flooring, lighting, loading, studio and office improvements. Warehouse and studio areas offer attractive clear heights ranging from 19 to 21.5 feet, making the property immediately suitable for a wide range of uses, from industrial and light manufacturing to creative production and offices. The property additionally features two separate parking lots with separate driveway entrances, offering convenience to customers and employees. With a reported local industrial vacancy rate below two percent, combined with appreciating submarket rents, this building offers flexibility for the buyer and a variety of investment options. Investment Highlights: • A 22,469-Square-Foot Industrial Warehouse Building • Configured for Video Production Studios, Warehouse and Offices • Lot Size of 1.28 Acres Features Two Separate Parking Areas with Separate Driveway Entrances • Desirable Location in the Bluegrass Research & Industrial Park • Over $500,000 in Renovations and Updates Completed in 2023 and 2024 • Suitable for Investment or Business Use

Market Context

This industrial in Louisville, KY is listed for sale. The building dates to 1971. It has been on the market for 54 days. Compare it against other industrial listings for sale in Louisville, KY — <a href="/search/sale/industrial/kentucky/louisville">view the full market</a>.

As of Q4 2022, the Louisville industrial market showed a 0.6% vacancy rate, and rents up 78.0% year over year. Source: Cushman & Wakefield Q4 2022 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Industrial market FAQ

Is the Louisville industrial market tightening or softening?
Vacancy is around 0.6%, with asking rents rising year over year (Q4 2022).

Unified Estimate

Very Low Confidence

$5.66/SF – $7.66/SF

Mid: $6.66/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market columbia (similarity: 100%) with 3 comparable listings.

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