Two-Story Dentist Office
For Sale
$499,000
4213 N Church Way, Louisville, KY 40207
Two-story dentist office with an unfinished basement and ample parking, offered for sale in OR-3 zoning.
Property Size2,984 SF
Price / SF$167.23
Days on Market28
Property Features for 4213 N Church Way
General Information
Standard status
Active
Size
2,984 SF
Property subtype
Office
Zoning
OR-3
Amenities
monument signage
Building Details
Stories
2
Listing Agency:
(502) 412-7610
Listed By:
Jeff Dreher
(502) 412-7610
Source:
Cbre
Added: Jul 4
Changed: Jul 23
Last Checked: Jul 30 at 3:56AM
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 Jeff Dreher
Investment Insights
Based on property information with market context.
This two-story dentist office building is offered for sale and includes approximately 1,575 +/- sf of basement space. The property also features monument signage and ample parking, supporting straightforward patient and visitor access.
Zoned OR-3, the building is positioned to serve office use needs. Monument signage helps identify the property from the street, while the onsite parking supports convenient day-to-day operations.
The available basement area provides additional interior space beneath the office structure, complementing the main two-story layout for flexible use within the constraints of the existing improvements.
Zoned OR-3, the building is positioned to serve office use needs. Monument signage helps identify the property from the street, while the onsite parking supports convenient day-to-day operations.
The available basement area provides additional interior space beneath the office structure, complementing the main two-story layout for flexible use within the constraints of the existing improvements.
Key Highlights
- Two‑story dentist office building for sale
- Basement includes 1,575 +/- SF of space
- Ample parking available
Financial Insights For Healthcare Medical
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 | $71.6k | $24.00 |
| − Vacancy | −$7.2k | −$2.40 |
| EGI | $64.5k | $21.60 |
| − OpEx | −$25.8k | −$8.64 |
| NOI | $38.7k | $12.96 |
2,984 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$552.5K
$483.4K – $644.6K
NOI $38,673 @ 7.0% cap · market cap 7.75%
Second Best
Office B
$550.5K
$481.7K – $642.3K
NOI $38,538 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$773.5K
$676.8K – $902.4K
NOI $54,142 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,575
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 40207, KY
30,104
Population
14,507
Households
2.1
Avg Household Size
43
Median Age
68%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
2,573
Density / Sq Mi
$98,583
Median Household Income
$59,242
Median Earnings
$1,248
Median Rent
$401,500
Median Home Value
Market
Vacancy Rate% for Office in Louisville, KY
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- McCoy Tara DVM — 111-R, 111 Fairfax Ave, Louisville, KY 40207
- Hindman Kimberly DVM — 111-R, 111 Fairfax Ave, Louisville, KY 40207
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-story dentist office with an unfinished basement and ample parking, offered for sale in OR-3 zoning.
Where is this medical office space located?
The property is located at 4213 N Church Way Louisville, KY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑story dentist office building for sale; Basement includes 1,575 +/- SF of space; Ample parking available
