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    2827 Preston Hwy Parkway Village, KY 40217-2461

    • Office buildings
    • 2,572 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Last Sale
    May 09, 2023
    $275,000
    Location Intelligence
    Property ID
    US34-2328485
    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.

    Current Use by Public Records

    • Office buildings

    Property Details for 2827 Preston Hwy

    Year built
    1958
    Lot size
    0.18 lot acres
    Property size
    2,572 SF
    Zone code
    OR1-OFFICE/RESIDENTIAL
    Property type
    Office buildings
    APN
    23072500020002
    APU
    23072500020002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Parkway Village
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7383
    Latitude
    38.2086
    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
    $2,424
    $115,520
    $90,240
    $205,760
    -
    $115,520
    $90,240
    $205,760

    Comparable in this City

    • Value Estimation by Request
      0.10 Acres

      1035 Goss Ave

      OFFICE BUILDING • 0.10 Acres
      1035 Goss Ave, Louisville, KY 40217-1235
      View Details
    • Value Estimation by Request
      0.14 Acres

      3015 Preston Hwy

      OFFICE BUILDING • 0.14 Acres
      3015 Preston Hwy, Louisville, KY 40217-1716
      View Details
    • Value Estimation
      $250,000
      3,150 SF

      2445 Crittenden Dr

      OFFICE BUILDING • 3,150 SF
      2445 Crittenden Dr, Louisville, KY 40217-1813
      View Details
    • Value Estimation
      $1,125,000
      0.88 Acres

      417 Gernert Ct

      OFFICE BUILDING • 0.88 Acres
      417 Gernert Ct, Louisville, KY 40217
      View Details
    • Value Estimation
      $190,000
      1,340 SF

      2609 Preston Hwy

      OFFICE BUILDING • 1,340 SF
      2609 Preston Hwy, Parkway Village, KY 40217-2432
      View Details
    • Value Estimation by Request
      0.09 Acres

      1038 Mayer Ave

      OFFICE BUILDING • 0.09 Acres
      1038 Mayer Ave, Louisville, KY 40217-1516
      View Details

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    Parkway Village, KY 40217-2461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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