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Property profile & analytics
OFF-MARKET
Estimated value
$3,940,000
Hotels
9940 Corporate Campus Dr Louisville, KY 40223-4032
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US34-2367113
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2002
Construction
TILT-UP CONCRETE
Total area
116,322 SF
Lot
5.89 ac (256,568 SF)
Zoning code
PRO-PLANNED RESEARCH/OFFI
APN
21260601370000
UPID
US34-2367113
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
Current use
Occupant on record · Public records
-
ATM Atm
-
Embassy Suites by Hilton Louisville East Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.88M
Blend (final)
Blend
$3.94M
Owner & transaction history
Fenley Campus Hotel LLC
Fenley Campus Hotel LLC
1 recorded transaction
Zoning & alternative use
PRO-PLANNED RESEARCH/OFFI · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.94M
Range $3.55M – $4.33M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$34 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$189,420
Tax year 2023
Assessed value
$16,500,000
Assessed 2023
Previous assessed
$16,351,000
+0.9% YoY
Effective rate
1.15%
On assessed value
Assessed land
$2,360,120
Assessed improvement
$14,139,880
Land market value
$2,360,120
Improvement market value
$14,139,880
Total market value
$16,500,000
Applied tax rate
26.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2002
Construction
TILT-UP CONCRETE
Heating
YES
Cooling
NONE
Stories
6
Total area
116,322 SF
Lot
5.89 ac (256,568 SF)
Zoning code
PRO-PLANNED RESEARCH/OFFI
APN
21260601370000
UPID
US34-2367113
Jurisdiction
JEFFERSON
Zoning & alternative use
PRO-PLANNED RESEARCH/OFFI · Louisville, KY
Zoning PRO-PLANNED RESEARCH/OFFI · permitted uses
PRO-PLANNED RESEARCH/OFFI · Louisville, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Louisville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
TILT-UP CONCRETE
Heating
YES
Cooling
Yes
Stories
6
Lot
5.89 ac
Current owner
From public records · entity-resolved
Fenley Campus Hotel LLC
Entity
Mailing address
2912 EASTPOINT PKWY, LOUISVILLE, KY 40223-4186
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Fenley Campus Hotel LLC
—
Deed Of Trust
related
$13,500,000 · Miscellaneous Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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