5932 Timber Ridge Dr Prospect, KY 40059
This 1,200 square foot Class A office condominium is ideally situated in Prospect, Kentucky, on Timber Ridge Drive, offering convenient access to US 42, I-265, and River Road. The property boasts a high-end executive finish, including a full bath, kitchen, and conference room, along with a dedicated entry lobby. Its location within a thriving business park provides proximity to Walgreens and the Prospect Village Shopping Center, home to Starbucks, Kroger, and numerous restaurants and retail establishments. The unit is currently vacant and zoned OR (Office/Residential District), making it suitable for a variety of uses. The monthly HOA fee is $225. Ample parking is available both in front and behind the building. The asking price is $189,000, or $157.50 per square foot. This owner-user investment opportunity presents a compelling combination of prime location, high-quality finishes, and convenient access to major roadways and amenities. The APN is 3304003C0000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.