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    645 Roy Wilkins Ave Louisville, KY 40203

    Sponsored
    For Lease
    $18 SF/Yr ($8,994 /Mo)

    Executive/Medical Suites, Ample Parking

    Lot size:
    5,996 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,996-square-foot office building at 645 Roy Wilkins Ave in Louisville, Kentucky, presents a unique investment opportunity. The entire space is currently vacant, offering a blank canvas for a single tenant to customize. The property boasts a highly desirable C-3 Commercial District zoning, allowing for a wide range of uses. With over 100 parking spaces available, ample parking is ensured for employees and clients. The building's address is 645 Roy Wilkins Ave, Louisville, KY 40203, conveniently located within Jefferson County. The property's APN is 0000SROW0000|149. This single-tenant building is classified as both Executive and Medical Office space, making it suitable for a variety of professional businesses. A significant advantage is the potential for securing a city grant of up to $150,000 for building and space improvements, offering substantial cost savings for the new owner. This presents a rare chance to acquire a substantial, well-located office building with significant potential for growth and value appreciation. The property's size and zoning make it an ideal location for a variety of businesses seeking a prominent presence in Louisville. Don't miss this opportunity to acquire a prime commercial property in a thriving Kentucky market.

    Property Features for 645 Roy Wilkins Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,996 SF
    Total Rate
    8994

    Unit(s) available at that property

    Space
    Suite 100
    Size
    5,996 SF
    Rate per SF
    $20

    HighLights

    • 996 SF ground floor suite with 5 exam rooms, 4 baths, 2 offices, breakroom, reception area, waiting room & bath, procedure room, and lab.
    • Excellent building signage opportunity with high visibility.
    • Ample parking: 100+ spaces.
    • Multiple suites available, ranging from 3,600 SF to 5,996 SF.
    • Convenient carport and drive‑thru access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cleanse Clinic Downtown Mental Health Clinic Felissa Williams Nurse Practitioner Hussain Syed A MD Doctor American Pain Institute, ... Pain Management Physician Syed Kazmi Internist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7659868
    Latitude
    38.2479621

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    FAQs

    What type of property is this?
    Medical office - Executive/Medical Suites, Ample Parking
    Where is this medical office located?
    The property is located at 645 Roy Wilkins Ave Louisville, KY.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 996 SF ground floor suite with 5 exam rooms, 4 baths, 2 offices, breakroom, reception area, waiting room & bath, procedure room, and lab.; Excellent building signage opportunity with high visibility.; Ample parking: 100+ spaces.
    Request Owner's contact information
    645 Roy Wilkins Ave Louisville, KY 40203
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    Louisville, KY 40203
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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
    645 Roy Wilkins Ave Louisville, KY 40203
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