C2-Zoned Office
1833 WINDSOR PL, Louisville, KY 40204
For Sale
Contact for pricing
Office property offering 3,587 square feet within Louisville’s Windsor Place area.
Property Size5,198 SF
Price / SF$306.85
Days on Market103
Property Features for 1833 WINDSOR PL
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Building Details
Year Built
Stories
Units
Listing Agency:
Colliers
Listed By:
Jenny Johnston · License #KY 246944
(502) 645-1729
Source:
Crexi
Added: Jul 27
Changed: Nov 2
Last Checked: Nov 6 at 8:19AM
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
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Investment Insights
Based on property information with market context.
This office property contains 3,587 square feet of commercial space and is designated C2. The asset is identified as office units and is positioned at 1833 Windsor Place in Louisville, Kentucky.
Key Highlights
- 3,587 SF office property
- C2 zoning
- Located at 1833 Windsor Place, Louisville, KY
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,132
Cap Rate
4.21%
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
NOI $67,132 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,313 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,050
Businesses Nearby
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Business Placement
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
$314,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Louisville, KY
Properties on Market for Office Units in Louisville
Vacancy Rate% for Office in Louisville, KY
Frequently Asked Questions
What type of property is this?
Office unit - Office property offering 3,587 square feet within Louisville’s Windsor Place area.
Where is this office unit located?
The property is located at 1833 WINDSOR PL Louisville, KY.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 3,587 SF office property; C2 zoning; Located at 1833 Windsor Place, Louisville, KY
