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Property profile

1715 Gagel Ave Louisville, KY 40216

FOR LEASE
Office buildings
Property ID
US34-0315937
2,528 SF 1.4 ac lot Built 1956
Last sale Jun 2018 · $2,954,940
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 5,225 square foot freestanding retail building, formerly occupied by Fresenius, presents a unique opportunity in Louisville, Kentucky. Situated at 1715 Gagel Avenue, the property boasts excellent visibility directly on Gagel Avenue, ensuring high traffic exposure for your business. Its convenient location offers easy access to Dixie Highway and Interstate 264, providing exceptional connectivity for customers and employees. The building is a single-tenant space, offering flexibility and…

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?
$29k
Tax billed · 2023
Assessed value$2.95M
Assessed land$353k
Assessed improvement$2.60M
Effective rate1.00%

Value estimate

· Oct 2026
$410k
$369k – $451k
AI approach$405k
NOI build-up
Gross scheduled income$131k
Vacancy & credit loss−$10k
Operating expenses−$36k
NOI · 236,241.67% cap applied$85k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$117/SF
County average, outlier-cleaned · 559 recorded sales of this use type
Observed band · Q1–Q3$80 – $169
Qualifying comparables16

Cap rate analysis

How does the asset earn?
236,241.67%
$85k 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?
C2-COMMERCIAL
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.2
Law Firm14.9
Wholesale Shop14.0

Location

1715 Gagel Ave Louisville, KY 40216
County assessor Recorded deeds · 2 transfers 16 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4911 Dixie, Louisville, KY 40216-2501 $18,600,000 Feb 2023 1,806 SF
1700 Gagel, Shively, KY 40216-2775 $210,000 Nov 2021 2,262 SF
4301 Cane Run, Louisville, KY 40216 $500,000 Oct 2021 2,904 SF
4035 Blanton, Louisville, KY 40216-1509 $148,000 Jan 2020 1,716 SF
4101 Cane Run, Shively, KY 40216-4851 $70,000 Jan 2020 2,664 SF
3837 Fitzgerald, Shively, KY 40216-5235 $1,200,000 Jul 2019 3,849 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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