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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Office buildings
301 Main St Louisville, KY 40202-1210
Entity Owned
Absentee Owner
Free & Clear
Property ID
US34-0040630
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1922
Total area
24,774 SF
Lot
0.31 ac (13,416 SF)
Zoning code
(C3)CENTRAL BUSINESS OVER
APN
04018C00040000
UPID
US34-0040630
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
-
Hammond Mark F DMD Dental Office
-
Dr. Kathleen P. Vonroenn, DMD Dental Office
-
Leukemia & Lymphoma Society Social Service Agency Charitable Organization
-
Brockman Arbuckle Stapp PLLC Accounting Firm Tax Preparation
-
Hammond & Von Roenn Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.10M
Owner & transaction history
COBALT 301 EAST MAIN LLC
COBALT 301 EAST MAIN LLC
Zoning & alternative use
(C3)CENTRAL BUSINESS OVER · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±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
$44 / 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
$27,246
Tax year 2023
Assessed value
$2,030,230
Assessed 2023
Previous assessed
$1,691,600
+20.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$644,420
Assessed improvement
$1,385,810
Land market value
$644,420
Improvement market value
$1,385,810
Total market value
$2,030,230
Applied tax rate
23.0000
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
1922
Heating
YES
Cooling
NONE
Stories
2
Total area
24,774 SF
Lot
0.31 ac (13,416 SF)
Zoning code
(C3)CENTRAL BUSINESS OVER
APN
04018C00040000
UPID
US34-0040630
Jurisdiction
JEFFERSON
Zoning & alternative use
(C3)CENTRAL BUSINESS OVER · Louisville, KY
Zoning (C3)CENTRAL BUSINESS OVER · permitted uses
(C3)CENTRAL BUSINESS OVER · Louisville, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Louisville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1922
Heating
YES
Cooling
Yes
Stories
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
COBALT 301 EAST MAIN LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2229 SAN FELIPE ST STE #1150, HOUSTON, TX 77019-5675
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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