Property profile

5932 Timber Ridge Dr Prospect, KY 40059

OFF-MARKET
Warehouses
1,200 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Total area 1,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Association / Organization
  • Medical Clinic
  • Association / Organization
  • Association / Organization
  • Association / Organization

Location

5932 Timber Ridge Dr Prospect, KY 40059
Prospect metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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