Navigating the industrial real estate market in Kentucky requires more than locating available space—it requires a deep understanding of timing, logistics, negotiation, and business strategy. This recent acquisition of an industrial building for sale in Kentucky, located at 183 Progressive Dr, Taylorsville, KY 40071, is a great example of how aligning real estate decisions with operational needs can yield long-term value.
Property Overview
I had the privilege of representing the buyer, the largest online paint retailer in the United States, in the acquisition of a 10,600 SF industrial property for sale in Taylorsville, KY. As a company experiencing rapid national expansion, they required additional warehouse space to supplement their primary fulfillment center located just next door.
This particular property, situated in Spencer County’s fast-growing industrial corridor, offered both strategic location and operational efficiency. While initially listed as a sublease opportunity, I quickly identified the potential for an outright acquisition. The industrial real estate Kentucky market can be competitive and opaque, especially when properties are not widely marketed, so acting decisively was key.
Strategic Insights
The proximity to my client’s existing facility was the first advantage. But beyond convenience, the property sat on industrial development land in Kentucky that supported future expansion, logistics flow, and strong utility infrastructure.
Although the space was being offered under a sublease, I opened discussions with the listing broker to explore a possible purchase. The current tenant, who held an option to purchase the asset, planned to exercise that right and then flip the property to us at a premium.
This created a layered transaction, but one with clear advantages. We could avoid a long leaseback structure and instead gain full control of the property, which allowed my client to build out their storage capabilities while they await the completion of their new 30,000 SF warehouse being constructed on adjacent industrial land for sale in Taylorsville, KY, that they already own.
Negotiation Process
When the seller exercised their purchase option, they listed the property well above the current market value. However, our team understood the market for industrial property for sale in Taylorsville, KY, and we knew the premium wasn’t justified based on comps, rentability, or site condition.
I led a diligent negotiation process that involved:
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Market comps for a similar warehouse for sale in Kentucky
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Capital improvement analysis
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Site utilization and logistics review
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Strategic communication about my client’s reputation and reliability
The seller, knowing our client was financially strong and logistically ideal, was willing to work with us to reach a fair price. Ultimately, we secured the asset at a valuation that reflected true market conditions.
Due Diligence
Once under contract, we conducted a full inspection of the industrial building, including roofing, structural integrity, and utility systems. We also evaluated environmental concerns, as often required in acquisitions involving an industrial site for sale in Kentucky.
While the inspection revealed some minor deferred maintenance, the current tenant was cooperative and resolved those issues before closing. This proactive approach helped us maintain momentum and close without unnecessary delays.
The buyer also reviewed zoning regulations and property setbacks to ensure future uses would align with their longer-term goals. These are often overlooked when acquiring a manufacturing facility for sale in Kentucky or an industrial lot for sale in Kentucky, but they’re critical for operational flexibility.
Outcome
After weeks of due diligence and coordination among brokers, attorneys, inspectors, and the seller, we successfully closed the transaction. My client now owns a functional industrial building immediately adjacent to their existing operation, giving them:
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Critical spillover capacity to meet short-term growth
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Ownership of a highly flexible commercial property for sale in Kentucky
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The ability to scale logistics while their 30,000 SF facility is being built on nearby industrial development land in Kentucky
This outcome reinforces the importance of working with a broker who understands how to structure acquisitions, not just find listings. Whether it’s industrial real estate in Kentucky or a warehouse for sale in Kentucky that fits a very specific need, success depends on more than just price—it hinges on fit, timing, and strategy.
Let’s Talk: Your Next Industrial Acquisition in Kentucky or Indiana
If you’re an investor, developer, or operator looking to buy, sell, or lease industrial real estate in Kentucky, let’s connect. From industrial buildings for sale in Taylorsville, KY, to manufacturing facilities and warehouse space across the state, I’ll help you evaluate, negotiate, and execute smart, strategic deals.
📧 Email: raphael@sumcg.com
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