Eastpoint Business Park Office
1860 Williamson Court, Louisville, KY 40223
Single-story office building in Eastpoint Business Park with flexible layout.
Type:Office
Property size:
10,200 SFPrice / SF:
$195/SF- Added:
- Sep 25, 2025
- Days on Market:
- 246
- Last Refresh:
- May 8 at 10:37 pm
Property Features for 1860 Williamson Court
General Information
- Standard status
- Active
- Size
- 10,200 SF
- Property subtype
- Office
Building Details
- Year Built
- 1999
Listing agent Sean Williams
Listing office RE/MAX
Listing date Sep 25, 2025
Source Remaxcommercial
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 RE/MAX
HighLights
- Strategic location off I‑265 in Eastpoint Business Park with dual access points.
- Flexible 10,200 SF single‑story building with two suites (6,800 SF + 3,400 SF) that can be combined.
- Wide variety of permitted uses under current zoning.
- Features 26 dedicated parking spaces.
- Includes 14 private offices, conference room, breakroom, restrooms, and garage/flex space.
- Access to a 20‑acre park with walking trails within the business park.
Overview
Located in the Eastpoint Business Park, just off I-265, this single-story office building offers flexibility and convenience. The building totals 10,200 square feet, divided into two suites: one with 6,800 square feet and another with 3,400 square feet. The suites can be combined into one space due to the building's freespan construction. Suite 1 features a reception area, 14 private offices, a spacious conference room, a breakroom, restrooms, and a garage/flex space suitable for storage or specialty use. Suite 2 includes an open concept area, a reception area, 4 private offices, a conference room, a breakroom, and a garage/flex space. The property has separate electric meters and 26 dedicated parking spaces, as well as an on-site dumpster enclosure. Situated within a maintained business park, tenants have access to a 20-acre park with walking trails, underground utilities, and dual access points to I-265. The zoning permits a variety of uses, including adult day care, art studios, fitness centers, audio/video studios, child daycares, contractor shops, schools, pet grooming and training, research labs, retail stores, catering kitchens, barbers/cosmetologists, furniture sales, and firearms dealers.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.46M
NOI $131,733 @ 9.00% cap · cautious / downside scenario
Moderate
$1.88M
NOI $131,733 @ 7.00% cap · market / base-case scenario
Aggressive
$2.63M
NOI $131,733 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $214.2k | $21.00 |
| − Vacancy | −$38.6k | −$3.78 |
| EGI | $175.6k | $17.22 |
| − OpEx | −$43.9k | −$4.31 |
| NOI | $131.7k | $12.92 |
10,200 SF · lease $21.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.88M
$1.65M – $2.20M
NOI $131,733 @ 7.0% cap · market cap 6.60%
Second Best
Flex RnD
$1.32M
$1.16M – $1.54M
NOI $92,489 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$2.64M
$2.31M – $3.08M
NOI $185,069 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Snap Painting Plus
Painting
Smith Management Group
Environmental Consultant
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.5057
- Latitude
- 38.2707
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FAQs
What type of property is this?
Office building - Single-story office building in Eastpoint Business Park with flexible layout.
Where is this office building located?
The property is located at 1860 Williamson Court Louisville, KY.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Strategic location off I‑265 in Eastpoint Business Park with dual access points.; Flexible 10,200 SF single‑story building with two suites (6,800 SF + 3,400 SF) that can be combined.; Wide variety of permitted uses under current zoning.
