Property profile

620 3rd St Louisville, KY 40202

OFF-MARKET
Office buildings
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Property ID
US34-0288247
81,374 SF 0.6 ac Built 1910
Last sale Apr 2026·$2,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This six-story, 88,598 square foot mixed-use building in Louisville, KY's Central Business District presents a compelling redevelopment opportunity. Currently 79% occupied, the property features 24 apartments and 9 office spaces, totaling 81,374 net rentable square feet, plus an event space. Built in 1910 and renovated in 1985, the building sits on a 0.596-acre lot and includes 14 parking spaces. Zoned C-3, it offers significant potential for a boutique hotel, short-term rentals, or other…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$105k
Tax billed · 2023
Assessed value$7.40M
Assessed land$1.27M
Assessed improvement$6.13M
Effective rate1.43%

Value estimate

· Nov 2026
$5.51M
$4.95M – $6.06M
AI approach$5.85M
Submarket $/SF estimate$6.62M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$60 – $135
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C3-CENTRAL BUSINESS
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.7
Pet Grooming Service8.5
Carpet & Flooring Store8.3

Location

620 3rd St Louisville, KY 40202-2445
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
564 4th, Louisville, KY 40202-2504 $1,200,000 Feb 2025 36,523 SF
301 Broadway, Louisville, KY 40202 $4,300,000 Sep 2024 79,178 SF
888 Market, Louisville, KY 40202-4016 $27,200,000 May 2022 119,395 SF
200 5th, Louisville, KY 40202-3215 $9,350,000 Apr 2022 128,134 SF
226 Guthrie, Louisville, KY 40202 $8,750,000 Nov 2021 43,470 SF
719 Broadway, Louisville, KY 40202 $26,000,000 Mar 2021 128,020 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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