Financial
Distress signals
Property profile

707 3rd St Louisville, KY 40202

OFF-MARKET
Other commercial real estate
Property ID
US34-0043263
129,825 SF 0.39 ac lot Built 1912
Last sale Jul 2021 · $8,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a street-level commercial space located in the historic Weissinger-Gaulbert Building, a tower on Broadway at the intersection with 3rd Street. The space occupies the first floor and provides direct street access on both the Broadway and 3rd Street sides. It is configured for flexible commercial occupancy types, including retail, restaurant, hospitality, office, or medical use. The building’s upper floors are residential.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$118k
Tax billed · 2023
Assessed value$8.25M
Assessed land$434k
Assessed improvement$7.82M
Effective rate1.43%

Value estimate

· Sep 2026
$8.24M
$7.41M – $9.06M
AI approach$7.05M
Sales comparison$10.70M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$76/SF
Submarket average, outlier-cleaned · 166 recorded sales of this use type
Observed band · Q1–Q3$43 – $125

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 Shop8.8
Veterinary Clinic8.3
Pet Grooming Service8.2

Location

707 3rd St Louisville, KY 40202-2101
County assessor Recorded deeds · 12 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
631 3rd, Louisville, KY 40202 $16,000,000 Jan 2025 53,048 SF
511 5th, Louisville, KY 40202-2375 $297,000 Jul 2023 282,539 SF
735 2nd, Louisville, KY 40202-2152 $6,600,000 Oct 2022 81,704 SF
600 Main, Louisville, KY 40202-1011 $6,000,000 Jul 2022 43,989 SF
325 Broadway, Louisville, KY 40202-2105 $1,375,000 May 2021 69,870 SF
625 Market, Louisville, KY 40202-1116 $7,125,000 Nov 2019 20,097 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
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