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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Office buildings
1601 Business Ctr Ct Jeffersontown, KY 40299-2370
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US34-0027875
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Total area
9,966 SF
Lot
1.21 ac (52,882 SF)
Zoning code
CM-COMMERCIAL MANUFACTURI
APN
22223900640000
UPID
US34-0027875
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
$912k
Blend (final)
Blend
$1.08M
Owner & transaction history
Bsd Invs LLC · 12 yrs held
Bsd Invs LLC
since 2014
6 recorded transactions
Zoning & alternative use
CM-COMMERCIAL MANUFACTURI · Jeffersontown, KY
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
$1,055,000
Current use
COMMERCIAL (GENERAL)
$945,000
Change: -10% · Conversion: Easy
WAREHOUSE, STORAGE
$865,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±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
$108 / 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
$10,345
Tax year 2023
Assessed value
$885,720
Assessed 2023
Previous assessed
$885,720
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$371,340
Assessed improvement
$514,380
Land market value
$371,340
Improvement market value
$514,380
Total market value
$885,720
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
Year built
2000
Heating
YES
Cooling
NONE
Stories
1
Total area
9,966 SF
Lot
1.21 ac (52,882 SF)
Zoning code
CM-COMMERCIAL MANUFACTURI
APN
22223900640000
UPID
US34-0027875
Jurisdiction
JEFFERSON
Zoning & alternative use
CM-COMMERCIAL MANUFACTURI · Jeffersontown, KY
Zoning CM-COMMERCIAL MANUFACTURI · permitted uses
CM-COMMERCIAL MANUFACTURI · Jeffersontown, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jeffersontown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$945,000
WAREHOUSE, STORAGE
Est. value
$865,000
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
2000
Heating
YES
Cooling
Yes
Stories
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
Bsd Invs LLC
Entity
Mailing address
1601 BUSINESS CTR CT, LOUISVILLE, KY 40299-2370
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2020
—
Bsd Invs LLC
—
Deed
related
$5,000,000 · Stockyard Bk&tr
Aug 27, 2019
—
Bsd Invs LLC
—
Trustees Deed
related
$500,000 · Pnc Bk
Mar 28, 2014
$775,000
Bsd Invs LLC
3ps Properties LLC
Grant Deed
$1,175,000 · Stock Yards Bk
Jan 4, 2013
—
3ps Properties LLC
1601 Busn Center Court Louisvi
Grant Deed
related
—
—
—
Rykara LLC
—
Deed Of Trust
related
$100,000 · Bullitt Cnty Bk
—
—
Bsd Invs LLC
—
Deed Of Trust
related
$5,000,000 · Stockyard Bk&tr
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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