Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    501 Parker Pl La Grange, KY 40031-2228

    • Office buildings
    • 1.55 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-1022050
    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.

    Current Use by Public Records

    • Office buildings

    Property Details for 501 Parker Pl

    Year built
    2006
    Construction
    STEEL FRAME
    Lot size
    1.55 lot acres
    Property type
    Office buildings
    APN
    47-32G-00-20C
    APU
    4732G0020C

    Description

    Kemparajurs Plaza II, located at 501 Parker Pl, La Grange, KY 40031, offers exceptional Class A office space in Oldham County. This two-story, 19,600 square foot building features two suites, with 10,520 square feet currently vacant. Units range from a minimum of 2,000 square feet to a maximum contiguous space of 8,520 square feet, ideal for a variety of businesses. The property is zoned C-1 Commercial District (APN: 47-32G-00-20C) and boasts ample parking. The building includes elevators and is conveniently located near I-71 and major retailers, offering easy access to Downtown Louisville (25 minutes away) and Cincinnati (one hour away). The available spaces are warm shell, ready for tenant build-out. The first floor offers a large 8,520 square foot unit. Suitable for executive offices, coworking spaces, medical offices, and more. This property presents a fantastic opportunity for businesses seeking modern, flexible office space in a prime location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Grange
    County
    Oldham
    State
    Kentucky
    Longitude
    -85.3785
    Latitude
    38.3987
    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
    $30,120
    $300,000
    $2,100,000
    $2,400,000
    -
    $300,000
    $2,100,000
    $2,400,000

    Comparable in this City

    • Value Estimation by Request
      6.95 Acres

      53 Hwy Hwy

      OFFICE BUILDING • 6.95 Acres
      53 Hwy Hwy, La Grange, KY 40031
      View Details
    • Value Estimation by Request
      1,040 SF

      106 Franklin Ave

      OFFICE BUILDING • 1,040 SF
      106 Franklin Ave, La Grange, KY 40031-1008
      View Details
    • Value Estimation
      $400,000
      1,564 SF

      1621 Tina Ct

      OFFICE BUILDING • 1,564 SF
      1621 Tina Ct, La Grange, KY 40031-9345
      View Details
    • Value Estimation by Request
      3.93 Acres

      507 Yager Ave

      OFFICE BUILDING • 3.93 Acres
      507 Yager Ave, La Grange, KY 40031
      View Details
    • Value Estimation
      $390,000
      2,016 SF

      2001 Maple Dr

      OFFICE BUILDING • 2,016 SF
      2001 Maple Dr, La Grange, KY 40031-9172
      View Details
    • Value Estimation
      $440,000
      2,280 SF

      2800 Mistletoe Rd

      OFFICE BUILDING • 2,280 SF
      2800 Mistletoe Rd, La Grange, KY 40031-8315
      View Details

    Similar Nearby for Sale

    • $995,200
      12 SF

      12.44 Acres Zoned R-2

      12.44 acres of land zoned R-2 for sale.
      Pine Ridge Rd, La Grange, KY 40031
      View Details
    • $3,087,000
      9,780 SF

      La Grange Retail Investment Opportunity

      Retail property with established tenants near I-71 in La Grange.
      1917 Highway 53 S, La Grange, KY 40031
      View Details
    • $2,900,000

      30-Acre Oasis with Spring-Fed Lake

      30-acre property featuring a 7+ acre spring-fed lake.
      2201 Fendley Mill Rd, La Grange, KY 40031
      View Details
    • $107,000
      1.20 Acres

      Wooded Homesite in Oldham County

      1+ acre wooded homesite near schools, shopping, and dining.
      5113 Sycamore Ridge Ln, La Grange, KY 40031
      View Details
    • $122,000
      1.94 Acres

      Wooded Homesite in La Grange

      1.94 acre wooded homesite in Oldham County.
      2489 Highway 42 W, La Grange, KY 40031
      View Details
    • $3,360,000

      Industrial Land in LaGrange

      56 acres of industrial land for sale near I-71.
      2680 Lagrange Rd, La Grange, KY 40031
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    501 Parker Pl
    La Grange, KY 40031-2228
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.