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Financial
Distress signals
Property profile

12214 Aiken Rd Louisville, KY 40223

OFF-MARKET
Office buildings
Property ID
US34-0268078
6,000 SF 0.99 ac lot Built 2001
Last sale Nov 2023 · $850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Middletown, KY office building offers 6,000 square feet of flexible space, ideal for a variety of uses. Currently configured as a multi-tenant property, 1,500 square feet of vacant space is immediately available on a minimum divisible basis. The building features two stories and is classified as Class B. The vacant space is located within a larger building, and while needing some updates, lease terms can be negotiated to accommodate tenant improvements. The existing tenant on the…

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?
$8k
Tax billed · 2023
Assessed value$716k
Assessed land$340k
Assessed improvement$376k
Effective rate1.16%

Value estimate

· Oct 2026
$555k
$500k – $611k
Submarket $/SF estimate$893k

Realmo valuation models over county records and 8 qualifying comparable sales.

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
Qualifying comparables8

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?
M2-INDUSTRIAL
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.7
Pawn Shop8.6
Carpet & Flooring Store8.4

Location

12214 Aiken Rd Louisville, KY 40223-3920
County assessor Recorded deeds · 3 transfers 8 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
109 Daventry, Louisville, KY 40223-2846 $699,500 Feb 2026 3,888 SF
1800 Elite, Louisville, KY 40223-2271 $2,600,000 May 2024 3,824 SF
13201 Magisterial, Louisville, KY 40223-4105 $1,237,000 May 2023 5,820 SF
10301 Ormsby Park, Louisville, KY 40223 $2,000,000 Apr 2021 3,934 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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