5940 Timber Ridge Dr Prospect, KY 40059
This 1,121 square foot Class A office condo is available for sale at $197,000 ($175.74/sq ft). Located at 5940 Timber Ridge Drive, Suite 201, Prospect, KY 40059, this vacant unit is situated in a well-maintained office park, offering convenient access to US Hwy 42, and nearby amenities such as Kroger and Walgreens. Built in 2001, the property features a versatile and open layout, ideal for various professional office uses. The unit is zoned OR-3. The condo boasts spacious offices suitable for a range of businesses. The property is available for occupancy on May 31, 2024. Monthly condo association fees are $225. This owner/user investment opportunity presents an affordable entry point into the desirable Prospect, Kentucky market, offering executive-quality space in a convenient location near restaurants and shopping. The property is a traditional office condo.
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Family Wealth Group of Louisville Financial Advisor
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Family Wealth Strategies Financial Advisor
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.