Turnkey Medical Office
10300 Dixie Hwy Louisville, KY 40272
10300 Dixie Hwy, Louisville, KY, 40272
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For Sale
Contact for pricing
Turnkey medical office building with seven exam rooms, dedicated X-ray room, and 22 on-site parking spaces.
Property Size5,250 SF
Price / SF$187.62
Days on Market16
Property Features for 10300 Dixie Hwy
General Information
- Standard status
- Active
- Size
- 5,250 SF
- Property subtype
- Office
Building Details
- Year Built
- 1986
Listing agency
simpler.realestate
(502) 664-4095
Listed by
Althea Otis · License #KY 222851
Source
Crexi
Added: Jul 7 Updated: Jul 22 at 11:48AM Checked: Jul 22 at 11:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of simpler.realestate
Investment Insights
Based on property information with market context.
This turnkey medical office building is offered with a flexible interior layout designed for clinical use. The space includes seven exam rooms, a dedicated X-ray room, a large nurses station, a generous reception area, a spacious waiting room, three private offices, and four bathrooms. Cat5/Ethernet is provided throughout, supporting modern communications needs.
The property is a 5,250-square-foot building situated on nearly an acre and is zoned C-2. It includes a 22-space on-site parking lot and is located on Dixie Hwy in Louisville, KY 40272, within a commercial corridor.
Beyond healthcare, the existing configuration is noted as adaptable for financial services, professional office use, or other multi-purpose applications consistent with the C-2 zoning.
The property is a 5,250-square-foot building situated on nearly an acre and is zoned C-2. It includes a 22-space on-site parking lot and is located on Dixie Hwy in Louisville, KY 40272, within a commercial corridor.
Beyond healthcare, the existing configuration is noted as adaptable for financial services, professional office use, or other multi-purpose applications consistent with the C-2 zoning.
Key Highlights
- 5,250 sq ft medical office building built in 1986 on nearly 1 acre
- C‑2 zoning with a flexible floorplan that includes 7 exam rooms and a dedicated X‑ray room
- Includes 3 private offices, a large nurses station, and generous reception and waiting areas
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $126.0k | $24.00 |
| − Vacancy | −$12.6k | −$2.40 |
| EGI | $113.4k | $21.60 |
| − OpEx | −$45.4k | −$8.64 |
| NOI | $68.0k | $12.96 |
5,250 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$972.0K
$850.5K – $1.13M
NOI $68,040 @ 7.0% cap · market cap 6.91%
Second Best
Office B
$968.6K
$847.6K – $1.13M
NOI $67,804 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,256 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Daniel Arnold, MD
Pediatrician
John Wheatley, MD
Pediatrician
Rejith Paily, MD, ...
Pediatrician
Cheryl Jarzomkowski, APRN
Pediatrician
Kathleen Troutman, APRN
Pediatrician
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FAQs
What type of property is this?
Medical Office Space - Turnkey medical office building with seven exam rooms, dedicated X-ray room, and 22 on-site parking spaces.
Where is this medical office space located?
The property is located at 10300 Dixie Hwy Louisville, KY.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: 5,250 sq ft medical office building built in 1986 on nearly 1 acre; C‑2 zoning with a flexible floorplan that includes 7 exam rooms and a dedicated X‑ray room; Includes 3 private offices, a large nurses station, and generous reception and waiting areas
