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Property profile & analytics

525 Broadway Louisville, KY 40202-2206

  • Manufacturing properties
  • 354,415 SF
  • 2.08 lot acres
OFF-MARKET
Last Sale
Sep 30, 2022
$11,350,000
Value Estimations
$11,040,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US34-0039913
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

  • Union Station / Historical Landmark
  • CJ Media / Advertising Agency

Property Details for 525 Broadway

Year built
1948
Lot size
2.08 lot acres
Property size
354,415 SF
Zone code
C3-CENTRAL BUSINESS
Property type
Manufacturing properties
APN
03013K00220000
APU
03013K00220000

Description

This exceptional Louisville, KY property at 525 W. Broadway offers 451,000 square feet of office and warehouse space on a 3.5-acre lot. The asking price is $4,000,000, significantly reduced from $7,000,000, presenting a compelling redevelopment opportunity. Located in the Central Business District (CBD), this former headquarters building boasts superb ingress and egress, with floor sizes ranging from 11,896 to 52,564 square feet. A separate 136,000-square-foot warehouse is also available. The property is zoned C-3 and enjoys convenient access to major interstates, including I-65, I-64, I-71, I-265, and I-264. This presents a rare chance to acquire a substantial property in a prime Louisville location. An adjacent warehouse at 667 Armory Place is also available for purchase, expanding the potential of this already significant offering. The combined purchase price for both properties is $7,000,000, a substantial reduction from the original $13,250,000. This is a unique opportunity for investors seeking a large-scale project in a thriving urban core.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $11,505,000
    ML approach
    $9,495,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $9,657,000
    Market price range: $9.66M - $26.9M
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $18,265,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Louisville
County
Jefferson
State
Kentucky
Longitude
-85.7611
Latitude
38.2473
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
$30,591
$2,102,720
$43,880
$2,146,600
-
$2,102,720
$43,880
$2,146,600
More about this property
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