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Property profile & analytics
OFF-MARKET
Estimated value
$13,250,000
Office buildings
4004 Dupont Cir Saint Matthews, KY 40207-4819
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US34-0190462
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Total area
50,549 SF
Lot
2.52 ac (109,771 SF)
Zoning code
C1-COMMERCIAL
APN
22187400210000
UPID
US34-0190462
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
-
Matthew Yantis Physician
-
David Wark Karp Ophthalmologist
-
Andrew Gould Physician
-
Colin Neumann Physician
-
THOMAS W STONE Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.39M
CAP Approach
CAP
$10.72M
Comparable Approach
Comparable
$12.00M
Blend (final)
Blend
$13.25M
Owner & transaction history
Egmp 4004 Dupont Circle LLC · 4 yrs held
Egmp 4004 Dupont Circle LLC
since 2022
Last sale
$17.7M
1 recorded transaction
Zoning & alternative use
C1-COMMERCIAL · Saint Matthews, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.1M
+23.5%
Retail stores
$11.1M
+22.5%
Auto repair, garage
$9.7M
+7.3%
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 Saint Matthews submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Matthews 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
$13,165,000
ML approach
$8,390,000
CAP Approach
CAP Return
Estimation
6%
$11,605,000
6.5%
$10,715,000
7%
$9,950,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,025,000
Current use
RESTAURANT
$11,145,000
Change: +23% · Conversion: Moderate
RETAIL STORES
$11,055,000
Change: +23% · Conversion: Moderate
AUTO REPAIR, GARAGE
$9,680,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$13.25M
Range $11.93M – $14.58M · ±10% · vs last sale $17.70M (Feb 23 2022)
Last sale anchor
$17.70M
Feb 23 2022
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
$262 / 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
$203,196
Tax year 2023
Assessed value
$17,700,000
Assessed 2023
Previous assessed
$16,286,390
+8.7% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,349,970
Assessed improvement
$16,350,030
Land market value
$1,349,970
Improvement market value
$16,350,030
Total market value
$17,700,000
Applied tax rate
26.0000
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
1974
Heating
YES
Cooling
NONE
Stories
2
Total area
50,549 SF
Lot
2.52 ac (109,771 SF)
Zoning code
C1-COMMERCIAL
APN
22187400210000
UPID
US34-0190462
Jurisdiction
JEFFERSON
Zoning & alternative use
C1-COMMERCIAL · Saint Matthews, KYZoning C1-COMMERCIAL · permitted uses
C1-COMMERCIAL · Saint Matthews, KY
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
$9.0M
RESTAURANT
Est. value
$11.1M
RETAIL STORES
Est. value
$11.1M
AUTO REPAIR, GARAGE
Est. value
$9.7M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
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
1974
Heating
YES
Cooling
Yes
Stories
2
Lot
2.52 ac
Current owner
From public records · entity-resolved
Egmp 4004 Dupont Circle LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2022
$17,700,000
Egmp 4004 Dupont Circle LLC
Dupont Medical Center LLC
Deed
$150,000,000 · Capital One Bank NA
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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