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    10612 Meeting St Prospect, KY 40059-7545

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    10612 Meeting St Prospect, KY 40059-7545


    • Retail space
    • 0.06 lot acres
    Off-Market
    Last Sale Mar 20, 2025
    $715,000
    Property ID
    US34-0309256
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $680,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 10612 Meeting St

    Year built
    2011
    Lot size
    0.06 lot acres
    Zone code
    PVD-PLANNED VILLAGE DEV
    Property type
    Retail space
    APN
    21372503170000
    APU
    21372503170000

    Description

    This exceptional Louisville, KY investment opportunity presents two meticulously built, live/work buildings situated in the highly desirable Norton Commons South Village Town Center. The property boasts a total of approximately 5,300 square feet, encompassing 2,755 square feet of commercial space across two buildings, each featuring 1,377.5 square feet of finished space with 12-14' ceilings. Currently leased to a single tenant, the flexible design allows for either one large or two separate commercial spaces. The commercial areas are ideal for medical, professional offices, or showrooms. Adding to the investment potential are two 2-bedroom, 2-bathroom luxury condo/apartments, each approximately 1,272 square feet with attached garages and private rear entrances. These units command high rental rates, comparable to similar properties in the area at $2,300-$3,100 per month. The property sits on approximately 4,900-5,000 square feet of land, offering ample space and visibility. Built in 2015, the buildings are in excellent condition and benefit from a stable leasing history with 100% occupancy across three tenants. The property includes 10 parking spaces and is zoned for Planned Village Development (PVD), allowing for a variety of uses. This unique offering combines the benefits of commercial and residential income streams in a prime location, presenting a rare opportunity for owner-users or investors seeking a high-return, low-maintenance investment. The property's location within Norton Commons, a renowned traditional town development, ensures strong demand and long-term value. Short-term rentals are permitted.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $630,000
      ML approach
      $655,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Prospect
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.5661
    Latitude
    38.3234
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,246
    $101,890
    $437,520
    $539,410
    -
    $101,890
    $437,520
    $539,410
    More about this property
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