765 Industrial BypFranklin, KY 42134

  • Industrial properties
  • 20,000 SF
For Sale
$1,595,000 View listing

Property Details for 765 Industrial Byp

Year built
1990
Lot size
9.06 AC
Property size (Sq ft)
20,000 SF
Property type
Industrial properties
APN
006-00-02-001.01
APU
6000200101

Description

This exceptional 20,000-square-foot flex/warehouse building in Franklin, KY, presents a compelling investment opportunity. Located at 765 Industrial Bypass, this single-story, Class B property sits on a generous 9.065-acre lot zoned I2 - Heavy Industrial. Built in 1990, the building boasts a 14-foot ceiling height and features approximately 10,000 square feet of existing office space and 10,000 square feet of open flex space, adaptable to various needs. Two dock-high doors provide convenient access to the rear flex area. The steel frame construction allows for flexible configuration; internal walls can be removed to create a large, open warehouse space, or the space can be easily divided to suit specific requirements. The property's former use as an operations center for Charles Deweese Construction, Inc. speaks to its robust construction and suitability for a variety of industrial uses. Priced at $1,595,000 ($79.75/sq ft), this vacant property offers significant potential for immediate occupancy and customization. Its prime location in Simpson County, KY, and ample acreage provide room for expansion or future development. This is an ideal opportunity for businesses seeking a versatile and well-located industrial space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,954,694
    Hospitality
    $3,622,478
    Educational
    $3,013,859
    Medical
    $3,117,510
    Retail
    $4,688,226

Location Insight

City
Franklin
County
Simpson
State
Kentucky
Latitude
36.7471
Longitude
-86.5657

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,983
-
-
$750,000
-
-
-
$750,000

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