Property profile

1944 W Jefferson St Louisville, KY 40203

FOR SALE
Office Spaces
Property ID
US34-2359908
1,897 SF
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Property summary

AI-generated overview

This exceptional 1,897 square foot medical office building presents a unique investment opportunity in Louisville, Kentucky's vibrant Russell neighborhood. Located at 1944 W Jefferson St, this single-tenant property is fully finished and ready for immediate occupancy. The building boasts a flexible layout, currently featuring a large co-working space, a private office, and two restrooms. Its C-R (Commercial/Residential) zoning allows for diverse uses, making it ideal for a variety of medical practices or related businesses. The property's strategic location places it at the center of the neighborhood's ongoing revitalization efforts, promising significant future growth potential. The building's address is 1944 W Jefferson St, Louisville, KY 40203, with Jefferson County APN 002F00350000. Note that the upper level currently operates as two short-term rental units, offering additional income potential or the possibility of conversion to further expand the medical office space. The entire 1,897 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. This property represents a rare chance to acquire a well-located, versatile medical office building in a rapidly developing area.

Property profile

Verified
Property type Office Spaces
Total area 1,897 SF
UPID US34-2359908

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1944 W Jefferson St Louisville, KY 40203
Louisville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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