Property profile

10002 Shelbyville Rd Blue Ridge Manor, KY 40223

OFF-MARKET
Office buildings
Property ID
US34-2301942
27,978 SF 2.64 ac lot Built 1982
Entity Owned 8-yr Hold ~ Est. High Equity
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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 clients. Its prime location provides easy access to major retailers, shopping centers, and key highways including I-264, I-64, and I-71, maximizing accessibility and visibility. The building includes an elevator and two staircases for efficient movement between floors. Recent improvements include a new roof installed in June 2024, demonstrating a commitment to maintaining the property's high standards. The property is zoned OR-3 and benefits from high daily traffic volume on Shelbyville Road, exceeding 34,440 cars per day. This turnkey office building offers a blend of convenience, accessibility, and a desirable location, making it an attractive investment prospect. The building was constructed in 1982 and offers a modified lease type. This property is located at 10002 Shelbyville Rd, Louisville, KY 40223.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Total area 27,978 SF
Lot 2.64 ac (114,781 SF)
Zoning code OR3-OFFICE/RESIDENTIAL
APN 22003000160000
UPID US34-2301942

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
  • Hair Salon Nail Salon
  • Financial Advisor Insurance Agency
  • Engineer
  • Physician
  • Weight Loss Service Health Consultant

Location

10002 Shelbyville Rd Blue Ridge Manor, KY 40223-2979
Blue Ridge Manor metro Census 10708 LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.83M
Blend (final) Blend
$2.94M

Owner & transaction history

since 2018
7 recorded transactions
2018
$3.3M
2018
Price N/A
2012
Price N/A
2012
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OR3-OFFICE/RESIDENTIAL · Blue Ridge Manor, KY

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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