Live-Work Property with Office
For Sale
Contact for pricing
4035 Blanton Ln, Louisville, KY 40216
C1-zoned building combines residential quarters with dedicated commercial space.
Property Size1,673 SF
Price / SF$1.32
Days on Market117
Property Features for 4035 Blanton Ln
General Information
Standard status
Active
Size
1,673 SF
Property subtype
Healthcare
Zoning
C1
Lease Type
NNN
Additional Details
Highway Access
Yes
Listing Agency:
Keller Williams Collective
Listed By:
Milton Ali
(502) 554-9500
Source:
Kcrea.resimplifi
Added: Jun 22
Changed: Oct 4
Last Checked: Oct 16 at 5:50AM
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 Keller Williams Collective
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This live-work property brings a private residence and attached office component together in one mixed-use setting. The residential side includes two bedrooms, three full bathrooms, an eat-in kitchen, and a full basement. The commercial wing has its own entrance, a reception area, and three separate offices.
Outdoor space includes a patio and gazebo. The property is located near shopping and expressways, with an address on Blanton Lane in Louisville, Kentucky. C1 zoning supports the property’s mixed-use classification.
Outdoor space includes a patio and gazebo. The property is located near shopping and expressways, with an address on Blanton Lane in Louisville, Kentucky. C1 zoning supports the property’s mixed-use classification.
Key Highlights
- Two‑bedroom residential component with three full bathrooms
- Eat‑in kitchen and full basement
- Attached commercial wing with private entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,224
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,480
$444.5K
Cap Rate 7%
$317,486
$317.5K
Cap Rate 9%
$246,933
$246.9K
Market Conditions
NOI Build-Up for 1,673 SF
Gross rent
$36.1K $21.60/SF
− Vacancy
−$6.5K −$3.89/SF
EGI
$29.6K $17.71/SF
− OpEx
−$7.4K −$4.43/SF
NOI
$22.2K $13.28/SF
Area
ZIP 40216
Vacancy
18.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,480
Cap Rate 7%
$317,486
Cap Rate 9%
$246,933
Alternative Uses
Best Use
Mixed Use
$322.7K
$282.3K – $376.4K
NOI $22,586 @ 7.0% cap · market cap 1,026.64%
Second Best
Office B
$317.5K
$277.8K – $370.4K
NOI $22,224 @ 7.0% cap · market cap 1,010.18%
Theoretical Best
Office A
$429.1K
$375.4K – $500.6K
NOI $30,034 @ 7.0% cap · market cap 1,365.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
689
Businesses Nearby
Explore this area
Business Placement
Demographics for 40216, KY
43,434
Population
19,257
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
15.7 sq mi
ZIP Area
2,766
Density / Sq Mi
$50,211
Median Household Income
$35,503
Median Earnings
$883
Median Rent
$154,500
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
Frequently Asked Questions
What type of property is this?
Live-work space - C1-zoned building combines residential quarters with dedicated commercial space.
Where is this live-work space located?
The property is located at 4035 Blanton Ln Louisville, KY.
What are key features of this property?
This property features: Two‑bedroom residential component with three full bathrooms; Eat‑in kitchen and full basement; Attached commercial wing with private entrance
