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Fully Leased Office Buildings
For Sale
$3,100,000

11855 Commonwealth Dr, Jeffersontown, KY 40299

Two-building office property with PEC zoning and full current occupancy.

Property Size26,565 SF
Price / SF$116.69
Days on Market524

Property Features for 11855 Commonwealth Dr

General Information

Standard status Active
Size 26,565 SF
Class Class A
Property subtype Office
Zoning PEC
Occupancy 100%

Amenities

Water
Sewer

Building Details

Year Built 1998
Buildings 2
Listing Agency: Horizon Commercial Realty, LLC
Listed By: Steve Lennon · License #206388
Source: Kcrea.resimplifi
Added: Mar 25, 2025 Changed: Aug 28 Last Checked: Aug 28 at 8:05PM

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 Horizon Commercial Realty, LLC

Investment Insights

Based on property information with market context.

This offering comprises two Class A office buildings totaling 26,565 square feet. Both buildings are fully leased, providing an operating office asset with established occupancy. The improvements were constructed in 1998 and are located within the Commonwealth Drive corridor in Jeffersontown, Kentucky.

The property carries PEC zoning and is situated near Blankenbaker Crossings, placing the office campus within an established commercial setting. The two-building configuration offers a larger office presence than a single-structure asset while maintaining a unified property profile.

Key Highlights

  • Two Class A office buildings totaling 26,565 square feet
  • Both buildings are fully leased
  • Constructed in 1998

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Locksmith Nail Salon (Bike/Boat/Book/etc) Store Catering Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

689
Businesses Nearby

Demographics for 40299, KY

43,030
Population
17,567
Households
2.4
Avg Household Size
41
Median Age
41%
College-Educated
95%
High-School Grad
54.0 sq mi
ZIP Area
797
Density / Sq Mi
$85,419
Median Household Income
$50,427
Median Earnings
$1,290
Median Rent
$274,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-building office property with PEC zoning and full current occupancy.
Where is this office building located?
The property is located at 11855 Commonwealth Dr Jeffersontown, KY.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Two Class A office buildings totaling 26,565 square feet; Both buildings are fully leased; Constructed in 1998
More about this property
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