Anchorage Plaza Addition #1 offers 5,639 square feet of Class A office space in Louisville, KY. This two-story, 2020-built development features a mix of executive, coworking, medical, creative, and traditional office spaces, with a minimum divisible space of 3,236 square feet and a maximum contiguous space of 3,236 square feet. Currently, 3,236 square feet are vacant across two suites. The property sits on a 2.3-acre lot at the highly visible intersection of Factory Lane and LaGrange Road, boasting over 27,200 vehicles per day (2021 data). Its strategic location offers easy access to I-265, proximity to a Kroger-anchored shopping center, the Ford Heavy Truck Plant, Eastpoint Business Park, and a Publix supermarket. The surrounding area demonstrates significant growth, with a five-mile radius population of 133,700 and an average household income of $146,817. The property benefits from ample signage opportunities, abundant natural light, and a strong tenant mix including Subway, Beam Family Dentistry, and others. This prime location offers exceptional visibility and access to a large, affluent consumer base and over 37,338 employees within a three-mile radius. The building has 12-foot ceilings but no elevators. Zoning is C-1. This is an exceptional opportunity for businesses seeking a thriving location in a rapidly growing area of Louisville.
The property is located at 12905 Factory Ln Louisville, KY.
What is the lease rate?
The lease rate is $19 SF/Yr.
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12905 Factory Ln Louisville, KY 40245
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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.
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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.
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12905 Factory Ln Louisville, KY 40245
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12905 Factory Ln, Louisville, KY
Charlotte Hollkamp, CCIM
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Charlotte Hollkamp, CCIM
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12905 Factory Ln, Louisville, KY
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12905 Factory Ln, Louisville, KY
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12905 Factory Ln, Louisville, KY
Charlotte Hollkamp, CCIM
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