Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Office Spaces
11300 Decimal Dr Ste B Jeffersontown, KY 40299-2461
Entity Owned
6-yr Hold
Free & Clear
Property ID
US34-0048207
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1985
Total area
8,397 SF
Lot
0.19 ac (8,397 SF)
APN
22298700020000
UPID
US34-0048207
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$680k
Blend (final)
Blend
$840k
Owner & transaction history
Decimal Drive Acquisition LLC · 6 yrs held
Decimal Drive Acquisition LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Jeffersontown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jeffersontown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$890,000
Current use
COMMERCIAL (GENERAL)
$795,000
Change: -10% · Conversion: Easy
WAREHOUSE, STORAGE
$730,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$840k
Range $756k – $924k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$100 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,482
Tax year 2023
Assessed value
$555,000
Assessed 2023
Previous assessed
$555,000
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed improvement
$555,000
Improvement market value
$555,000
Total market value
$555,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1985
Heating
YES
Cooling
NONE
Stories
1
Total area
8,397 SF
Lot
0.19 ac (8,397 SF)
APN
22298700020000
UPID
US34-0048207
Jurisdiction
JEFFERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$890,000
COMMERCIAL (GENERAL)
Est. value
$795,000
WAREHOUSE, STORAGE
Est. value
$730,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
YES
Cooling
Yes
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Decimal Drive Acquisition LLC
Entity
Free & Clear · 6 yrs held
Mailing address
7575 WESTWINDS BLVD NW STE A, CONCORD, NC 28027-3329
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2019
$555,000
Decimal Drive Acquisition LLC
Decimal Properties LLC
Grant Deed
related
—
Aug 27, 2018
—
Decimal Properties LLC
—
Trustees Deed
related
$149,746 · First Fin'l Bk&tr
Oct 1, 2013
—
Decimal Properties LLC
—
Trustees Deed
related
$26,944 · First Capital Bank Ky
Feb 22, 2006
—
Decimal Properties LLC
—
Trustees Deed
related
$200,000 · First Capital Bank Ky
Jul 15, 2005
$405,000
Decimal Properties LLC
Schmitt & Lefler Ptshp
Grant Deed
related
—
—
—
Decimal Properties LLC
—
Loan Modification
related
$200,000 · First Cap Bk/ky
—
—
Decimal Properties LLC
—
Loan Modification
related
—
—
—
Decimal Properties LLC
—
Loan Modification
related
—
—
—
Decimal Properties LLC
—
Deed Of Trust
related
$216,872 · Telesforo Rivera
—
—
Decimal Properties LLC
—
Loan Modification
related
$175,000 · First Capital Bank Ky
—
—
Decimal Properties LLC
—
Deed Of Trust
related
$169,546 · Telesforo Rivera Trust (ct)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11300 Decimal Dr Ste B?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
