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Office-Warehouse Flex Unit

1850 Taylor Ave Louisville, KY 40213

1850 Taylor Ave, Louisville, KY, 40213
Contact for pricing
For Sale
Contact for pricing

Renovated unit combines about 400 SF of office with a 1,100 SF climate-controlled warehouse with a 14' clear height.

Property Size1,465 SF
Price / SF$167.24
Days on Market22

Property Features for 1850 Taylor Ave

General Information

Standard status
Active
Size
1,465 SF
Property subtype
Industrial

Building Details

Year Built
1996
Listing agency Hoagland Commercial Realtors
Listed by Woodford Hoagland · License #KY 74285
Source Crexi
Added: Jul 1 Updated: Jul 22 at 2:17AM Checked: Jul 22 at 2:17AM

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 Hoagland Commercial Realtors


Investment Insights

Based on property information with market context.

This renovated office-warehouse flex unit is configured with approximately 400 SF of office space that includes an open workspace, a kitchenette, one restroom, and one office. An additional approximately 1,100 SF of warehouse is accessible from the office area through an overhead door and an interior man door. The warehouse is climate controlled and features 14' clear height.

The property is centrally located just off I-264 and Poplar Level Road. The unit will be fully available by 6/15/2026. Please contact the broker to arrange access.

Key Highlights

  • Renovated office/warehouse unit with approximately 400 SF office plus approximately 1,100 SF climate‑controlled warehouse
  • Warehouse features 14' clear height and is accessible via an overhead door and an interior man door from the office
  • Office includes open workspace, kitchenette, one restroom, and one office

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $30.8k $21.00
− Vacancy −$5.5k −$3.78
EGI $25.2k $17.22
− OpEx −$6.3k −$4.31
NOI $18.9k $12.92
1,465 SF · lease $21.00/SF/yr · vacancy 18.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$270.3K
$236.5K – $315.3K (±1% cap)
NOI $18,920 @ 7.0% cap · market cap 7.72%
Second Best
Flex RnD
$189.8K
$166.1K – $221.4K (±1% cap)
NOI $13,284 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$379.7K
$332.3K – $443.0K (±1% cap)
NOI $26,581 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Driveway Safe Dumpster Construction Company Kentucky Hemophilia Foundation Social Service Agency Engineered Solutions Inc Engineer Krakken Glass LLC Auto Repair Shop Vincent Abell Contracting Construction Company

Suggested Use

Real Estate Agency Hair Salon Restaurant Dental Office Law Firm Spa & Massage Center Auto Parts Store Skin Care Clinic Parking Lot & Garage Cafe & Coffee Shop

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

Similar Off Market Nearby

  • City Barbeque — 4027 Poplar Level Rd, Poplar Level, KY 40213

FAQs

What type of property is this?
Flex space - Renovated unit combines about 400 SF of office with a 1,100 SF climate-controlled warehouse with a 14' clear height.
Where is this flex space located?
The property is located at 1850 Taylor Ave Louisville, KY.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Renovated office/warehouse unit with approximately 400 SF office plus approximately 1,100 SF climate‑controlled warehouse; Warehouse features 14' clear height and is accessible via an overhead door and an interior man door from the office; Office includes open workspace, kitchenette, one restroom, and one office
Contact an agent
(502) 897-3310 Call to check price and availability
More about this property
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