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Financial
Distress signals
Property profile

1320 E Washington St Louisville, KY 40206

FOR SALE
Retail space
Property ID
US34-0395517
10,158 SF 0.17 ac lot Built 1900
Last sale Jan 2011 · $368,215
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 10,158-square-foot commercial property at 1320 E Washington St, Louisville, KY 40206, presents a rare opportunity in the desirable Butchertown neighborhood. The building, classified as Class B, is a single-tenant structure encompassing two stories on a 0.17-acre lot. Its versatile design caters to a wide range of uses, encompassing creative office space, flex space, and even light industrial applications. The abundant natural light throughout the creative office areas…

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?
$3k
Tax billed · 2023
Assessed value$241k
Assessed land$25k
Assessed improvement$216k
Effective rate1.34%

Value estimate

· Oct 2026
$265k
$239k – $292k
NOI build-up
Gross scheduled income$152k
Vacancy & credit loss−$11k
Operating expenses−$50k
NOI · 8.77% cap applied$92k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$127/SF
Submarket average, outlier-cleaned · 396 recorded sales of this use type
Observed band · Q1–Q3$64 – $215
Qualifying comparables5

Cap rate analysis

How does the asset earn?
8.77%
$92k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R6-RESIDENTIAL MULTI-FAMI
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.2
Auto Parts Store9.8
Smoke and Vape Shop9.4

Location

1320 E Washington St Louisville, KY 40206
County assessor Recorded deeds · 6 transfers 5 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
1110 Franklin, Louisville, KY 40206 $4,840,000 May 2025 18,957 SF
1979 Brownsboro, Louisville, KY 40206-2170 $1,950,000 May 2024 16,179 SF
116 Spg, Louisville, KY 40206 $470,000 Nov 2023 3,648 SF
836 Market, Louisville, KY 40206-1628 $7,750,000 May 2023 11,316 SF
1501 Mellwood, Louisville, KY 40206-1749 $520,000 Jul 2022 6,200 SF
1515 Mellwood, Louisville, KY 40206-1749 $300,000 May 2022 4,018 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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