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    2406 West Broadway Louisville, KY 40211

    For Sale
    $1,850,000

    Fully leased medical property in the Russell neighborhood.

    Property size:
    11,489 SF
    Lot size:
    1.12 Acres

    Property Features for 2406 West Broadway

    General Information

    Size
    11,489 SF
    Lot size
    1.12 Acres

    Source: Commercial Kentucky, Inc. Agent Brent Dolen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Louisville Medical Property

    Located at the corner of Broadway and South 24th Street in the Russell neighborhood of West Louisville, 2406 West Broadway is fully leased to JenCare Senior Medical Center. The property is situated in the middle of the area’s primary commercial arterial, offering high visibility. It features a sizeable parking lot and a two-bay, drive-thru garage. The property size is 11489 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    JenCare Senior Medical ... Medical Clinic Dr. Marlyce Hill-Ali Internist Dr. Pauline A. Lett-Anderson, ... Infectious Disease Physician Jugraj Dhanoa Internist Dr. Trevecca Shaw Podiatrist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.792987
    Latitude
    38.248972

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    FAQs

    What type of property is this?
    Medical space - Fully leased medical property in the Russell neighborhood.
    Where is this medical space located?
    The property is located at 2406 West Broadway Louisville, KY.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Fully leased to JenCare Senior Medical Center, providing immediate income; - Highly visible location at the corner of Broadway and South 24th Street; - Located in the heart of the Russell neighborhood in West Louisville
    (502) 741-2150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2406 West Broadway Louisville, KY 40211
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