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Corner-Front Office Building
For Sale
$1,399,000

1833 Windsor Pl, Louisville, KY 40204

Well-kept office building with more than 5,100 SF, 10+ offices, reception, conference space, kitchen, and C-2 zoning.

Property Size5,198 SF
Price / SF$269.14
Days on Market98

Property Features for 1833 Windsor Pl

General Information

Standard status Active
Size 5,198 SF
Property subtype Office
Zoning C2

Site & Location

Neighborhood Tyler Park
Road Access Yes

Building Details

Tenancy Single
Owner Occupied Yes
Listing Agency: Colliers
Listed By: Jenny Johnston · License #KY 246944
Source: Kcrea.resimplifi
Added: Jul 26 Changed: Oct 25 Last Checked: Oct 30 at 10:33AM

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 Colliers

Rey
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Investment Insights

Based on property information with market context.

Located at 1833 Windsor Pl in Louisville, this corner-positioned office building offers highly visible frontage along Bardstown Road while bordering a quiet, tree-lined Highlands neighborhood setting. The property contains more than 5,100 square feet of office space and has been owner-occupied, reflecting a maintained interior and exterior.

The layout includes 10+ offices, a reception area, conference areas, a full kitchen, and two restrooms, with additional space for storage. Attractive landscaping and strong curb appeal support day-to-day client presentation, and highly visible signage along Bardstown Road is intended to help drive awareness.

Flexibly suited for professional, medical, creative, or service-oriented users, the building is supported by flexible C-2 zoning. The configuration is also described as potentially workable for multiple tenants, including subdivision for shared occupancy, with convenient parking and ingress from a quiet residential side street.

Key Highlights

  • More than 5,100 SF office building with owner‑occupied history
  • Corner presence at Bardstown Road and Windsor Place with highly visible signage
  • Layout includes 10+ offices plus reception and conference areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$67,132
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,342,640 $1.3M
Cap Rate 7%
$959,029 $959.0K
Cap Rate 9%
$745,911 $745.9K
Market Conditions
NOI Build-Up for 5,198 SF
Gross rent
$109.2K $21.00/SF
− Vacancy
−$19.6K −$3.78/SF
EGI
$89.5K $17.22/SF
− OpEx
−$22.4K −$4.31/SF
NOI
$67.1K $12.92/SF
Area
Louisville, KY
Vacancy
18.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,342,640
Cap Rate 7%
$959,029
Cap Rate 9%
$745,911

Alternative Uses

Best Use
Office B
$959.0K
$839.2K – $1.12M (±1% cap)
NOI $67,132 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M (±1% cap)
NOI $94,313 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

PARTS123.Com Auto Parts Store

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Daycare Center HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store

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

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,050
Businesses Nearby

Demographics for 40204, KY

14,600
Population
8,759
Households
1.7
Avg Household Size
38
Median Age
63%
College-Educated
97%
High-School Grad
3.2 sq mi
ZIP Area
4,563
Density / Sq Mi
$70,706
Median Household Income
$50,246
Median Earnings
$1,225
Median Rent
$314,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Louisville, KY

12.4% 2019
14.8% 2020
14.3% 2021
15.4% 2022
16.3% 2023
15.7% 2024
18.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Well-kept office building with more than 5,100 SF, 10+ offices, reception, conference space, kitchen, and C-2 zoning.
Where is this office building located?
The property is located at 1833 Windsor Pl Louisville, KY.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: More than 5,100 SF office building with owner‑occupied history; Corner presence at Bardstown Road and Windsor Place with highly visible signage; Layout includes 10+ offices plus reception and conference areas
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