4969 Us-42 Northfield, KY 40222
This exceptional Class A, multi-tenant office building, located at 4969 US-42 in Louisville, Kentucky (Jefferson County, zip code 40222), offers 78,017 total square feet and 64,400 net rentable square feet across three stories. Built in 2001, the property sits on a 4.176-acre lot within the OR-3 Office/Residential District and boasts 100% occupancy. Its strategic location at the corner of US Highway 42 and Lime Kiln Lane provides convenient access to I-264, placing it within minutes of major transportation arteries. The building features 193 parking spaces and benefits from its position in a high-income demographic area, attracting prestigious tenants such as Morgan Stanley and Raymond James. Development restrictions along Highway 42 ensure limited future office construction in this submarket, creating a strong demand and pricing power for this asset. The APN is 1720001A0000. This NNN-leased property presents a compelling investment opportunity in a prime Louisville location.
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.