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    13100 Magisterial Dr Louisville, KY 40223

    Sponsored
    For Sale
    $4,662,500

    Prime Louisville executive office building, fully occupied.

    Property size:
    36,222 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a fully occupied, Class B executive office building situated at 13100 Magisterial Drive in Louisville, Kentucky. The property boasts 36,222 square feet of space, spread across two stories within a single building, constructed in 1994 and renovated in 2007. The asking price is $4,662,500, translating to $143.48 per square foot. The building sits on a 3.19-acre lot and offers ample parking with 128 spaces. Its convenient location in the Eastpoint Business Center, a 700-acre multi-use Class A business park in Northeast Jefferson County, provides easy access to I-265 and Old Henry Road, placing it within reach of major transportation arteries and surrounding amenities. The property is zoned PEC and is currently 100% occupied, making it an attractive investment with strong potential for future returns. The well-maintained building and grounds reflect a commitment to quality and tenant satisfaction. This is a rare opportunity to acquire a high-performing asset in a desirable Louisville location.

    Property Features for 13100 Magisterial Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    36,222 SF
    Class
    B
    Lot Size
    138,956 SF

    Building Details

    Year Built/Renovated
    1994/2007
    Buildings
    1
    Stories
    2

    HighLights

    • 36,322 SF office building for sale.
    • Fully occupied office building.
    • PEC zoning.
    • Excellent location: Directly off Old Henry Road and Stanley Gault Parkway, with easy access to I‑265/Gene Snyder Freeway.
    • ~2‑acre site.
    • Well‑maintained building and grounds.
    Property Profile Location Intelligence

    Current Use by Public Records

    Todays Payroll Solutions ... Tax Preparation Service OTT Communications Inc Advertising Agency Creative Realities, Inc. Corporate Office The Pediatric Center for Natural ... Chiropractor Geier Mark R ... Doctor

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Auto Repair Shop Wholesale Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.5091791
    Latitude
    38.2673349

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Louisville executive office building, fully occupied.
    Where is this office property / space located?
    The property is located at 13100 Magisterial Dr Louisville, KY.
    What is the asking price?
    The asking price for this property is $4,662,500.
    What are key features of this property?
    This property features: 36,322 SF office building for sale.; Fully occupied office building.; PEC zoning.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13100 Magisterial Dr Louisville, KY 40223
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