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    6347 Meeting St Prospect, KY 40059-8742
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    Property profile & analytics

    6347 Meeting St, Prospect, KY 40059-8742

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    • Office buildings
    • 0.11 lot acres
    Off-Market
    Last Sale Dec 15, 2023
    $1,722,000
    Property ID
    US34-0331982
    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.

    Value Estimations
    $1,430,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 6347 Meeting St

    Lot size
    0.11 lot acres
    Property type
    Office buildings
    APN
    21403907080000
    APU
    21403907080000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 15, 2023 $1,722,000 Meeting Street Realty LLC The Ramage Company LLC Warranty Deed $3.6M · Wesbanco Bank INC

    Description

    This exceptional Class A commercial property, located at 6347 Meeting Street in Prospect, Kentucky (zip code 40059), presents a unique investment opportunity. The 7,600 square foot building, constructed in 2023, boasts a versatile layout suitable for various uses, including executive office, medical office, flex space, and coworking. The property is zoned C-R (Commercial/Residential District) and features a total of twelve buildings on the site. The investment type is a Net Lease (NN+), with a multi-tenant occupancy. The property includes 3,400 square feet of first-floor retail or office space, adaptable for build-to-suit or owner-occupancy. This space is currently in a "cold grey" condition and is available at $30 per square foot. Adding to the investment potential are two 1,900 square foot residential units on the second floor, generating a combined gross monthly income of $6,800. The property's APN is 379300170000. This mixed-use property offers a compelling blend of commercial and residential income streams, making it an attractive investment in a desirable Kentucky location. Jefferson County provides a strong market for both commercial and residential tenants. The property's modern construction and flexible space ensure long-term value and adaptability to changing market demands. This is a rare opportunity to acquire a high-quality, multi-use property in a thriving community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,125,000
      ML approach
      $1,155,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Prospect
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.5649
    Latitude
    38.3324
    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
    $11,509
    $175,200
    $818,700
    $993,900
    -
    $175,200
    $818,700
    $993,900
    More about this property
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