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Property profile & analytics
OFF-MARKET
Office buildings
12451 Plantside Dr Louisville, KY 40299-6382
Individually Owned
5-yr Hold
Free & Clear
Property ID
US34-0779617
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
2.13 ac (92,696 SF)
APN
22003911190000
UPID
US34-0779617
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
Current use
Occupant on record · Public records
-
Horizon Commercial Realty Commercial Real Estate Agency Real Estate Rental Agency
-
Hollenbach-Oakley, LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Blankenbaker Station Cmnty Ass · 5 yrs held
Blankenbaker Station Cmnty Ass
since 2021
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 Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$31,547
Tax year 2023
Assessed value
$2,700,940
Assessed 2023
Previous assessed
$2,700,940
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$638,490
Assessed improvement
$2,062,450
Land market value
$638,490
Improvement market value
$2,062,450
Total market value
$2,700,940
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Lot
2.13 ac (92,696 SF)
APN
22003911190000
UPID
US34-0779617
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
Building & site characteristics
From public records
Heating
NONE
Lot
2.13 ac
Current owner
From public records · entity-resolved
Blankenbaker Station Cmnty Ass
Individual
Free & Clear · 5 yrs held
Mailing address
12451 PLANTSIDE DR, LOUISVILLE, KY 40299-6382
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jan 6, 2021
—
Blankenbaker Station Cmnty Ass
Station Cmnty Ass Blankenbaker
Quit Claim Deed
related
—
Jul 30, 2020
—
Hq 2 LLC
—
Deed
related
$2,975,000 · L&n FCU
Apr 16, 2020
—
Hq 2 LLC
Hq 2 LLC
Correction Deed
related
—
Dec 4, 2019
$2,500,000
H2 Q LLC
Mesnik S & B F/tr
Grant Deed
—
Jun 19, 2019
$4,850,000
Headley,steven & Leslie L Trust
Headley,steven C & Leslie A
Quit Claim Deed
related
—
Aug 3, 2017
$150,000
Dobies Family Trust
Rockwell Debt-free Prop INC
Grant Deed
—
Aug 3, 2017
$200,000
Memorial Re Investments 1 LLC
Rockwell Debt-free Prop INC
Grant Deed
—
Aug 3, 2017
$195,000
Productions Management LLC
Rockwell Debt-free Prop INC
Grant Deed
—
Jun 8, 2017
$4,850,000
Rockwell Debt-free Prop INC
Nc Louisville 657 LLC
Grant Deed
—
Dec 15, 2014
—
Nc Louisville 657 LLC
—
Grant Deed
related
$2,480,000 · Fifth Third Bk
—
—
Hq 2 LLC
—
Deed Of Trust
related
$2,975,000 · L&n FCU
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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