Entity Owned 
For Lease
1 / 19
$17,570,000
9960 Corporate Campus Dr, Louisville, KY 40223
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Property summary
AI-generated overview
This exceptional 115,983 square foot, four-story office building in Louisville, Kentucky, is offered for sale at $22,000,000 ($189.68/SF). Built in 1999, the property sits on a 7.55-acre lot and is zoned PRO. The building features a sophisticated design with curved glass walls and impressive interior appointments, creating a professional and stylish business environment. The efficient floor plans offer ample space, and the property includes 321 surface parking spaces. An additional 2 acres with 221 parking spaces are available for purchase. This prime location within the Hurstbourne Green Development offers easy access to I-64, I-265, and I-264, as well as nearby dining, hotels, retail, and services. The property is part of the prestigious Fenley Developments and is situated off Hurstbourne Lane between Shelbyville Road and Dorsey Lane, providing excellent visibility and accessibility. This is a rare opportunity to acquire a high-quality, well-located office building in a thriving Louisville business corridor. The property is offered for sale by owner.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
103,743 SF
Lot
10.05 ac (437,778 SF)
Zoning code
PRO-PLANNED RESEARCH/OFFI
APN
21260601170000
UPID
US34-2299685
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Medical Supply Store
-
Pharmacy
-
Consultant
-
Building Supply Industrial Manufacturer
-
Corporate Office Business Park
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$21.99M
Comparable Approach
Comparable
$14.37M
Blend (final)
Blend
$17.57M
Owner & transaction history
since 2024
2 recorded transactions
Zoning & alternative use
PRO-PLANNED RESEARCH/OFFI · Louisville, KY
Top alternative use upside
Restaurant
$22.9M
+52.6%
Auto repair, garage
$19.9M
+32.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$17.57M
Value range
$15.81M – $19.33M
±10% around blend
Estimated value / SF
$169 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$15.81M
blend $17.57M
$19.33M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
103,743 SF
Lot area
10.05 ac
Year built
1999
Stories
3
APN
21260601170000
Zoning
PRO-PLANNED RESEARCH/OFFI
Assessed value
$11,518,730
Annual tax
$132,235
3
Income approach: direct capitalization
Partial preview
Income approach indication
$21.99M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$23.82M
@ 6.5% CAP return
$21.99M
@ 7% CAP return
$20.42M
4
Sales comparison
Partial preview
Sales approach indication
$14.37M
Range $10.48M – $21.80M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$17.57M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 89 sales
$144
+17%
Submarket 548 sales
$116
+45%
County 559 sales
$117
+45%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $169/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+53%
vs current-use indication
Auto Repair, Garage
Office Building · current use
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$11.52M
Move the market yield to see immediate price impact.
Value / SF
$111
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$726k
$14.51M
$10.37M
$8.06M
$806k
$16.13M
$11.52M
$8.96M
$887k
$17.74M
$12.67M
$9.85M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$132,235
Tax year 2023
Assessed value
$11,518,730
Assessed 2023
Previous assessed
$11,518,730
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$3,823,520
Assessed improvement
$7,695,210
Land market value
$3,823,520
Improvement market value
$7,695,210
Total market value
$11,518,730
Applied tax rate
26.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1999
Heating
YES
Cooling
NONE
Stories
3
Total area
103,743 SF
Lot
10.05 ac (437,778 SF)
Zoning code
PRO-PLANNED RESEARCH/OFFI
APN
21260601170000
UPID
US34-2299685
Jurisdiction
JEFFERSON
Zoning & alternative use
PRO-PLANNED RESEARCH/OFFI · Louisville, KYZoning PRO-PLANNED RESEARCH/OFFI · permitted uses
PRO-PLANNED RESEARCH/OFFI · Louisville, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
YES
Cooling
Yes
Stories
3
Lot
10.05 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PRO-PLANNED RESEARCH/OFFI
Jurisdiction
Louisville, KY
Recorded code
PRO-PLANNED RESEARCH/OFFI
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PRO-PLANNED RESEARCH/OFFI in Louisville, KY.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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