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    2000 Hurstbourne Pkwy Hurstbourne Acres, KY 40220-4207
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    Property profile & analytics

    2000 Hurstbourne Pkwy, Hurstbourne Acres, KY 40220-4207

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    • Office buildings
    • 8,000 SF
    • 0.79 lot acres
    Off-Market
    Last Sale Mar 30, 2021
    $2,060,000
    Property ID
    US34-2242419
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,680,000
    Show details
    Cap Rate Potential
    8.1%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 2000 Hurstbourne Pkwy

    Year built
    1988
    Lot size
    0.79 lot acres
    Zone code
    C2-COMMERCIAL
    Property type
    Office buildings
    APN
    22003807330000
    APU
    22003807330000

    Description

    This exceptional 8,000-square-foot medical office building presents a unique investment opportunity in the heart of East Louisville, Kentucky. Located at 2000 S Hurstbourne Pkwy, this Class B property boasts a prime location with high visibility on a major thoroughfare experiencing over 55,000 vehicles per day. Completely renovated in 2023, the single-story building sits on a 0.81-acre lot and offers ample parking (4.75 spaces per 1,000 sq ft). The interior layout is highly versatile, ideal for a variety of medical uses. Features include a spacious waiting area, reception area, three offices, eight consultation rooms, two procedure rooms, a recovery area, first aid room, nurse's station, staff work areas, laboratory, large storage room, break room, four restrooms, janitorial room, and electrical room. The property is zoned GO - General Office and benefits from its proximity to Bluegrass Commerce Park, a thriving business hub with over 850 businesses, and the affluent Hurstbourne neighborhood. Easy access to I-64 further enhances its appeal. Built in 1988, this property offers a blend of established infrastructure and modern updates, making it an attractive option for medical professionals seeking a well-equipped and strategically located facility. The asking price is $3,750,000, translating to $468.75 per square foot. Building and monument signage opportunities are available. APN: a portion of 309-27-049.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,365,000
      ML approach
      $1,510,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,835,000
      6.5%
      $1,695,000
      7%
      $1,575,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,205,000
      Market price range: $794k - $1.21M
      AI Estimate
      $1,862,000
      Market price range: $715k - $1.86M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,050,000
      Current use
      RESTAURANT
      $1,765,000
      Change: +68% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,530,000
      Change: +46% Conversion: Difficult
      RETAIL STORES
      $1,020,000
      Change: -3% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Hurstbourne Acres
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.5879
    Latitude
    38.218
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $35,204
    $701,400
    $2,312,600
    $3,014,000
    -
    $701,400
    $2,312,600
    $3,014,000
    More about this property
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