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Financial
Distress signals
Property profile

111 Washington St Louisville, KY 40202

OFF-MARKET
Office buildings
Property ID
US34-0007479
24,940 SF 0.65 ac lot Built 1940
Last sale Dec 2004 · $370,184
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

111 W Washington St is a four-story office building in Louisville’s historic downtown, originally built and occupied by the Belknap Hardware company. The building contains approximately 28,500 square feet and features a classic brick façade with tall ceilings and large windows that allow for significant natural light. Updates were made in the early 2000s, including exterior improvements and additions such as key fob access, a security system, and a full sprinkler system. The interior is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$57k
Tax billed · 2023
Assessed value$3.97M
Assessed land$2.54M
Assessed improvement$1.44M
Effective rate1.43%

Value estimate

· Oct 2026
$3.85M
$3.47M – $4.24M
AI approach$3.85M
CAP approach$5.29M
Submarket $/SF estimate$3.36M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$60 – $135
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
(C3)CENTRAL BUSINESS OVER
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic9.0
Tailor Shop8.8
Laundry Service8.7

Location

111 Washington St Louisville, KY 40202-5306
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
564 4th, Louisville, KY 40202-2504 $1,200,000 Feb 2025 36,523 SF
900 Market, Louisville, KY 40202-2600 $1,400,000 Dec 2024 12,000 SF
231 Main, Louisville, KY 40202-1213 $2,750,000 Dec 2021 34,160 SF
226 Guthrie, Louisville, KY 40202 $8,750,000 Nov 2021 43,470 SF
213 Broadway, Louisville, KY 40202-2029 $1,100,000 Jul 2021 19,773 SF
121 Main, Louisville, KY 40202 $3,650,000 Jun 2021 23,875 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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