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Property profile & analytics
OFF-MARKET
Estimated value
$4,155,000
Office buildings
2120 High Wickham Pl Louisville, KY 40245-5902
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US34-0530105
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2009
Total area
23,192 SF
Lot
1.11 ac (48,482 SF)
APN
21366000150000
UPID
US34-0530105
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
-
Amber Mahoney, Ruoff Mortgage Loan Service Bank
-
Greg Allen, Ruoff Mortgage Loan Service Bank
-
Jake Ryan, Ruoff Mortgage Loan Service Bank
-
Kevin Beam, Ruoff Mortgage Loan Service Bank
-
PJ Tapp, Ruoff Mortgage Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.64M
Comparable Approach
Comparable
$3.23M
Blend (final)
Blend
$4.16M
Owner & transaction history
Shg Old Henry LLC · 6 yrs held
Shg Old Henry LLC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.1M
+89.3%
Auto repair, garage
$4.4M
+64.4%
Retail stores
$3.0M
+9.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,020,000
6.5%
$4,635,000
7%
$4,305,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,700,000
Current use
RESTAURANT
$5,110,000
Change: +89% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,440,000
Change: +64% · Conversion: Difficult
RETAIL STORES
$2,950,000
Change: +9% · Conversion: Moderate
Blend value · Realmo final
$4.16M
Range $3.74M – $4.57M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$179 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$36,024
Tax year 2023
Assessed value
$3,110,920
Assessed 2023
Previous assessed
$3,110,920
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$467,800
Assessed improvement
$2,643,120
Land market value
$467,800
Improvement market value
$2,643,120
Total market value
$3,110,920
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2009
Heating
YES
Cooling
NONE
Stories
2
Total area
23,192 SF
Lot
1.11 ac (48,482 SF)
APN
21366000150000
UPID
US34-0530105
Jurisdiction
JEFFERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.7M
RESTAURANT
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$4.4M
RETAIL STORES
Est. value
$3.0M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
YES
Cooling
Yes
Stories
2
Lot
1.11 ac
Current owner
From public records · entity-resolved
Shg Old Henry LLC
Entity
Mailing address
2000 HIGH WICKHAM PL STE #300, LOUISVILLE, KY 40245-5909
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2020
—
Shg Old Henry LLC
—
Deed
related
$10,000,000 · Stockyard Bk&tr
Mar 13, 2018
—
Shg Old Henry LLC
—
Deed
related
$5,000,000 · Stockyard Bk&tr
—
—
Shg Old Henry LLC
—
Loan Modification
related
$3,740,000 · Stockyard Bk&tr
—
—
Shg Old Henry LLC
—
Loan Modification
related
$10,000,000 · Stockyard Bk&tr
—
—
Shg Old Henry LLC
—
Loan Modification
related
$4,000,000 · Stockyard Bk&tr
—
—
Shg Old Henry LLC
—
Deed Of Trust
related
$1,000,000 · Stockyard Bk&tr
—
—
Shg Old Henry LLC
—
Deed Of Trust
related
$2,048,160 · Stockyard Bk&tr
—
—
Shg Old Henry LLC
—
Loan Modification
related
$5,000,000 · Stockyard Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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