4604 Lowe Rd Louisville, KY 40220-1514
Property profile & analytics
4604 Lowe Rd Louisville, KY 40220-1514
- Assisted living facilities
- 91,383 SF
- 8.19 lot acres
Property ID
US34-2350925
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.
Location Intelligence
Current Use by Public Records
- Manisha Sharma, PTA / Physician
- Alycia R. Singer, PTA / Physician
- Melinda Straub, MS / Physician
- Paula Schirripa / Physician
- Steven Blakely / Physician
Property Details for 4604 Lowe Rd
- Year built
- 1978
- Lot size
- 8.19 lot acres
- Property size
- 91,383 SF
- Zone code
- R4-RESIDENTIAL SINGLE FAM
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 22003703190000
- APU
- 22003703190000
Description
This exceptional 91,383 square foot, single-story facility situated on 9.03 acres in Louisville, KY presents a compelling value-add opportunity. Built in 1978 and renovated in 2011, this former nursing home boasts 248 beds across 134 units, offering a flexible layout with multiple service wings. Amenities include three dining rooms, two kitchens, a salon, courtyards, a physical therapy gym, and a dialysis clinic. The property is zoned R4 and enjoys a convenient location, within a 10-minute drive of three major medical centers and with easy access to I-64 and I-264. The asking price is $6,999,000, representing a price per square foot of $76.59, a price per patient room of $52,231, and a price per maximum bed capacity of $28,222. The property's strategic location, coupled with the recent closure of nearby facilities resulting in a 292-bed reduction in market availability, creates a significant opportunity for renovation, rehabilitation, expansion, or redevelopment. Potential value-add components include complete renovation for a new tenant or owner-operator, adding units or auxiliary buildings, enhancing interior/exterior amenities, or repurposing the facility for a new use. The existing infrastructure, including the dialysis clinic, rehab studio, and commercial kitchens, provides a solid foundation for various healthcare or other uses. The average age within a 0.5-mile radius is 52. This property offers a rare chance to capitalize on a high-demand market with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,087,000
Market price range: $1.09M - $2.10M -
Alternative Use
- Use
- Estimation
- HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
- $1,395,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.611
- Latitude
- 38.2233
- 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
$28,394
$1,580,830
$850,170
$2,431,000
-
$1,580,830
$850,170
$2,431,000
