2000 Hurstbourne Pkwy Hurstbourne Acres, KY 40220-4207
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
C2-COMMERCIAL · Hurstbourne Acres, KYHurstbourne Acres. Always verify with local authorities before improvements.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.