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Property profile & analytics
OFF-MARKET Estimated value $1,650,000
Retail space

2011 Grinstead Dr Louisville, KY 40204-1295

9,876 SF 0.53 ac lot Built 1955
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US34-0059610
Property summary
AI-generated overview

This exceptional 20,516 square foot medical office building, located at 2011 Grinstead Drive in Louisville, Kentucky, presents a prime opportunity for medical professionals and retail businesses. The property, classified as Class B, sits on a 0.53-acre lot and is zoned C2. The building features two suites, with a minimum divisible space of 2,385 square feet and a maximum contiguous space of 2,385 square feet. Currently, 4,770 square feet of space is available, ideal for a plug-and-play dental office or similar medical practice. The building is situated at the well-lit intersection of Grinstead Drive and Bardstown Road, ensuring high visibility and accessibility. A dedicated parking lot provides ample parking for patients and clients. The property benefits from its location within a well-maintained retail center, alongside established businesses such as Results Physiotherapy, The Fat Lamb, and Elegance Nails. This presents a unique opportunity to join a thriving commercial environment. The property's multiple tenancy structure offers flexibility for various business needs. Interested parties should inquire about lease terms and availability. The address is 2011 Grinstead Dr, Louisville, KY 40204.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Total area 9,876 SF
Lot 0.53 ac (23,261 SF)
Zoning code (C2)COMMERCIAL OVERLAY
APN 10075C00320000
UPID US34-0059610
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Results Physiotherapy Louisville, Kentucky - Highlands Physician
  • ImmediaDent Dental Office
  • parkingmgt.com Parking Lot & Garage
  • Isaak Haas Physician
  • SHELBY A MCSWEENEY Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.75M
Comparable Approach Comparable
$1.92M
Blend (final) Blend
$1.65M
Owner & transaction history
2011 GRINSTEAD LLC
2011 GRINSTEAD LLC
Zoning & alternative use
(C2)COMMERCIAL OVERLAY · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.2M +50.5%
Auto repair, garage $1.9M +30.8%
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