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Property profile

2000 Hurstbourne Pkwy Hurstbourne Acres, KY 40220

OFF-MARKET
Office buildings
Property ID
US34-2242419
8,000 SF 0.79 ac lot Built 1988
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Total area 8,000 SF
Lot 0.79 ac (34,282 SF)
Zoning code C2-COMMERCIAL
APN 22003807330000
UPID US34-2242419

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Clinic

Location

2000 Hurstbourne Pkwy Hurstbourne Acres, KY 40220-4207
Hurstbourne Acres metro Census 10702 LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.51M
CAP Approach CAP
$1.70M
Comparable Approach Comparable
$1.21M
Blend (final) Blend
$1.37M

Owner & transaction history

since 2025
Last sale
$2.1M
7 recorded transactions
2025
$3.2M
2021
$2.1M
2018
$100,000
2008
$1.4M
2008
$1.3M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C2-COMMERCIAL · Hurstbourne Acres, KY
Top alternative use upside
Restaurant $1.8M +67.6%
Auto repair, garage $1.5M +45.6%

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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