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Financial
Distress signals
Property profile

10002 Shelbyville Rd Louisville, KY 40223

FOR LEASE
Office buildings
Property ID
US34-2301942
27,978 SF 2.64 ac lot Built 1982
Last sale Mar 2018 · $3,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional two-story office building, situated on a 2.52-acre lot in Louisville's desirable East End, presents a compelling investment opportunity. Boasting 27,978 square feet of versatile space, this Class B property is ideally suited for executive or mid-size businesses. The building features a park-like setting along Shelbyville Road, offering a tranquil and professional environment. Ample on-site parking accommodates over 100 vehicles, ensuring convenient access for employees and…

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?
$21k
Tax billed · 2023
Assessed value$1.78M
Assessed land$884k
Assessed improvement$900k
Effective rate1.16%

Value estimate

· Oct 2026
$2.94M
$2.64M – $3.23M
Submarket $/SF estimate$2.83M
NOI build-up
Gross scheduled income$606k
Vacancy & credit loss−$109k
Operating expenses−$124k
NOI · 2,983,264.00% cap applied$373k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$144/SF
ZIP average, outlier-cleaned · 89 recorded sales of this use type
Observed band · Q1–Q3$101 – $210

Cap rate analysis

How does the asset earn?
2,983,264.00%
$373k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OR3-OFFICE/RESIDENTIAL
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop14.5
HVAC Service13.2
Building Supply12.1

Location

10002 Shelbyville Rd Louisville, KY 40223
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file 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
2501 Nelson Miller, Louisville, KY 40223-2221 $3,000,000 May 2025 33,474 SF
10101 Linn Sta, Louisville, KY 40223-3848 $14,000,000 Nov 2022 43,472 SF
2900 Eastpoint, Louisville, KY 40223-4186 $2,525,000 Jul 2022 16,911 SF
1901 Eastpoint, Louisville, KY 40223-4145 $11,482,500 May 2022 51,340 SF
2550 Eastpoint, Louisville, KY 40223-4112 $1,490,340 Apr 2021 30,820 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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