Modern Office Suite in
For Sale
$450,000
6001 Claymont Village Drive, Crestwood, KY 40014
Contemporary 2,570 sq. ft. office suite designed for productivity.
Property Size2,570 SF
Price / SF$175.10
Days on Market335
Property Features for 6001 Claymont Village Drive
General Information
Standard status
Active
Size
2,570 SF
Class
B
Property subtype
Office
Zoning
C-3
Building Details
Building Size
2,570 SF
Year Built
2009
Listing Agency:
RE/MAX
(502) 643-3962
Listed By:
Tom Cox · License #PB20500948
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 24 at 3:07AM
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
Investment Insights
Based on property information with market context.
This 2,570 sq. ft. commercial space features a contemporary design with high-end finishes and abundant natural light. The flexible layout includes open work areas and private offices/conference rooms. The foyer leads to a dedicated reception area, providing access to two private offices or conference rooms. Two additional private offices and a spacious work area are suitable for modular workstations, collaborative spaces, or meetings. The suite includes a kitchenette, an ADA-compliant restroom, and an equipment closet. The property is located in Claymont Springs Professional Park, a well-maintained condo community with 12 units and ample open parking. It offers access to I-71 (Exit 14) and I-265 (Exit 28), and is 20 minutes from downtown Louisville. The location is in a suburban community of highly compensated professionals, 15 miles via Interstate 71 from downtown Louisville. This office suite is suitable for both established firms and growing businesses. Owners are open to lease options.
Key Highlights
- 2,570 sq. ft. modern office suite with flexible layout featuring open work areas and private offices/conference rooms.
- Prime location in Claymont Springs Professional Park with easy access to I‑71 (Exit 14) and I‑265 (Exit 28), only 20 minutes from downtown Louisville.
- High‑end finishes and abundant natural light throughout the suite.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,674
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$633,480
$633.5K
Cap Rate 7%
$452,486
$452.5K
Cap Rate 9%
$351,933
$351.9K
Market Conditions
NOI Build-Up for 2,570 SF
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.
Gross rent
$51.5K $20.04/SF
− Vacancy
−$9.3K −$3.61/SF
EGI
$42.2K $16.43/SF
− OpEx
−$10.6K −$4.11/SF
NOI
$31.7K $12.32/SF
Area
Oldham County, KY
Vacancy
18.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$633,480
Cap Rate 7%
$452,486
Cap Rate 9%
$351,933
Alternative Uses
Best Use
Office B
$452.5K
$395.9K – $527.9K
NOI $31,674 @ 7.0% cap · market cap 7.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$541.8K
$474.1K – $632.1K
NOI $37,926 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Explore this area
Business Placement
Demographics for 40014, KY
22,255
Population
8,028
Households
2.8
Avg Household Size
40
Median Age
47%
College-Educated
97%
High-School Grad
52.1 sq mi
ZIP Area
427
Density / Sq Mi
$118,750
Median Household Income
$57,297
Median Earnings
$1,117
Median Rent
$381,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Contemporary 2,570 sq. ft. office suite designed for productivity.
Where is this office units located?
The property is located at 6001 Claymont Village Drive Crestwood, KY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,570 sq. ft. modern office suite with flexible layout featuring open work areas and private offices/conference rooms.; Prime location in Claymont Springs Professional Park with easy access to I‑71 (Exit 14) and I‑265 (Exit 28), only 20 minutes from downtown Louisville.; High‑end finishes and abundant natural light throughout the suite.
