South Central
Louisville - KY USA - Industrial Submarket
Industrial real estate intelligence for the South Central submarket. 68.1M SF of inventory with 6.4% vacancy. Data sourced from various MLS platforms.
68.1MSF
Inventory
4.8MSF
Available
6.4%
Vacancy
6.9%
Availability Rate
$7.82
Asking Rent
5.8%
Rent Growth
78KSF
12mo Absorption
1.5MSF
Under Construction
Market Metrics
12mo Delivered
579K SF
Under Constr % of Inv
2.2%%
Sale Price/SF
$80
Cap Rate
7.9%%
12mo Sales Volume
$154,939,707
Sales Vol Growth
40.0%
Asset Value
$5,598,817,408
Net Absorption
+78K SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| Peraton | $46.3M | 195,965 | Buyer 1 Altum Digital Infrastructure | Buyer 2 Igneo Infrastructure Partners |
| 3199 Pilot Knob Rd | $10.0M | 248,482 | Swervo Development Corporation |
| Fort Worth Data Center/DFW1 | - | 133,298 | CSquare |
| 4202 Fidelity St | - | 425,720 | Industrial Realty Group, LLC |
| xAI - Colossus 2 Datacenter | $72.9M | 1,007,838 | X Holding Corp. |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| CityPlex Towers 20, 30, & 60 | 350,444 | $14.00 - 19.00 | Oral Roberts University |
| Omnis Data Center | 15,070 | $21.00 | Omnis Network, LLC |
| Agave Business Center | 4,053 | $16.50 | Camco Investment Group |
| 928 Huston St | 17,985 | $18.60 | Action Investment Group, Inc. |
| 938 Huston St | 16,970 | $18.60 | Action Investment Group, Inc. |
Data Centre Development Potential
Moderate vacancy (6.4%) in South Central suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 1.5M SF indicates developer confidence in the submarket. Positive net absorption of 78K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Louisville - KY USA

Evaluating South Central for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.