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    501 Baxter Ave Louisville, KY 40204

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    For Sale
    $1,785,000

    Updated office building in the Highlands neighborhood with parking.

    Property size:
    9,840 SF
    Lot size:
    0.27 Acres

    Property Features for 501 Baxter Ave

    General Information

    Size
    9,840 SF
    Lot size
    0.27 Acres

    Source: Evans Property Management, LLC Agent Chad Evans

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

    Overview

    Modern Office Building on Baxter

    The property at 501 Baxter Avenue is situated on Baxter Avenue in the Highlands neighborhood, directly across from Gravely. Constructed in 2006, this modern building features an interior that has been recently updated over the past two to three years. The building is currently 100% occupied by four tenants and used as office space. The first floor has the potential for conversion to retail space in the future. Off-street parking is available in the rear of the building, providing 19 parking spaces. The property size is 9,840 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Carolyn Schuler Family Practice Physician Turtle Tree Acupuncture Acupuncturist Kentucky Mental Health ... Mental Health Service Kentucky Recovery Addiction Treatment Center Jonathan Day Acupuncturist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Dental Office Building Supply Clothing Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7295847
    Latitude
    38.247364

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    FAQs

    What type of property is this?
    Office building - Updated office building in the Highlands neighborhood with parking.
    Where is this office building located?
    The property is located at 501 Baxter Ave Louisville, KY.
    What is the asking price?
    The asking price for this property is $1,785,000.
    What are key features of this property?
    This property features: - Prime location on Baxter Avenue in the Highlands, across from Gravely; - Off-street parking with 19 spaces; - Recently updated interior (past 2-3 years)
    (502) 240-7304
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    501 Baxter Ave Louisville, KY 40204
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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
    501 Baxter Ave Louisville, KY 40204
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