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Property profile & analytics
OFF-MARKET Estimated value $5,000,000
Office buildings

9420 Bunsen Pkwy Hurstbourne Acres, KY 40220-3700

25,195 SF 2.84 ac lot Built 1991
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US34-0059050
Property summary
AI-generated overview

This exceptional Class A office building, located at 9420 Bunsen Parkway in Louisville, Kentucky, offers a prime opportunity for businesses seeking executive office space. The property boasts a total of 62,568 square feet, situated on a 2.84-acre lot. Currently, there are multiple suites available, ranging from a minimum of 1,422 square feet to a maximum contiguous space of 3,858 square feet, with a total of 12,107 square feet currently vacant. The building, constructed in 1988, is zoned OR-3 (Office/Residential District) and features a striking first-floor solarium at the entrance. Its convenient location near the intersection of I-64 and Hurstbourne Parkway provides easy access to major transportation arteries, making it an ideal location for businesses needing convenient access to the interstate. The Jefferson County property (APN: 2279005B0000) offers a sophisticated and modern workspace, perfect for companies seeking a prestigious address and efficient layout. The building's amenities and strategic location combine to create an attractive and functional environment for a variety of businesses. This is a rare opportunity to secure high-quality office space in a highly desirable area of Louisville.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1991
Total area 25,195 SF
Lot 2.84 ac (123,885 SF)
Zoning code OR3-OFFICE/RESIDENTIAL
APN 222279005A0000
UPID US34-0059050
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.34M
Comparable Approach Comparable
$3.80M
Blend (final) Blend
$5.00M
Owner & transaction history
Wmrbna Fund III LLC · 9 yrs held
Wmrbna Fund III LLC
since 2017
2 recorded transactions
2017
$71.5M
2005
Price N/A
Zoning & alternative use
OR3-OFFICE/RESIDENTIAL · Hurstbourne Acres, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $5.6M +67.6%
Auto repair, garage $4.8M +45.6%
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