Property profile

3044 Breckenridge Ln Louisville, KY 40220

OFF-MARKET
Office Spaces
Property ID
US34-2333612
3.18 ac lot
Individually Owned 17-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents two vacant office spaces totaling 3,886 square feet within the prestigious Sterling Place Business Park in Louisville, Kentucky. Located at 3044 Breckenridge Ln, zip code 40220, this property boasts a prime location with high visibility and heavy daytime traffic. The property features one main building with two stories, constructed in 2001, situated on a 3.04-acre lot. The two units offer a combined net rentable area of 1,782 square feet. The upper-level unit includes a spacious conference room, a welcoming waiting area, a kitchenette, and a half-bath, ideal for client interaction. The lower-level unit provides a more private workspace with a large kitchenette, multiple private offices, a half-bath, and a storage room. Ample parking is available with 132 spaces. The property is zoned OR-2 and offers a unique opportunity for a growing business to establish a multi-functional workspace or expand existing operations. The asking price for this turnkey investment is $196,020. This property is vacant and ready for immediate occupancy. The Jefferson County location provides excellent accessibility and visibility within a thriving business hub.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Lot 3.18 ac (138,531 SF)
APN 22254630440LL3
UPID US34-2333612

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Physician
  • Insurance Agency
  • Medical Clinic

Location

3044 Breckenridge Ln Louisville, KY 40220-2192
Louisville metro Census 11008 LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2009
6 recorded transactions
2009
$145,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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