301 Middletown Park Pl Ste A Middletown, KY 40243-2515
This exceptional investment opportunity presents two vacant, contiguous office condos totaling 2,286 square feet, ideally situated within the well-maintained Middletown Professional Park in Louisville, Kentucky. Located at 301 Middletown Park Pl, zip code 40243, this Class B property boasts a strategic location surrounded by a vibrant mix of retail shops, service businesses, strip malls, and residential areas, ensuring high visibility and accessibility. Built in 1995, the two-story building houses these units on the second floor. Currently configured as a single, larger space, the property offers the flexibility to remain as is or easily be converted into two separate suites, catering to a variety of business needs. Each unit includes nine offices, two restrooms, and a kitchenette, along with its own HVAC system. The asking price is $350,000, translating to $153.11 per square foot. The property is zoned OR and is currently vacant, presenting immediate occupancy potential for a buyer. The seller is highly motivated to sell, making this a compelling opportunity for investors or businesses seeking a turnkey solution in a thriving Louisville neighborhood. This is a rare chance to acquire a well-located, versatile office space at a reduced price.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.