604 Crystal PlLa Grange, KY 40031

Property Details for 604 Crystal Pl

Year built

1997

Construction

FRAME

Lot size

0.79 AC

Property type

Retail space

APN

47-28A-01-10&11

APU

4728A011011

Description

This exceptional Oldham County commercial property, located at 604 Crystal Pl, offers two immediately available office spaces ideal for medical practices, flexible businesses, or coworking setups. The building, zoned C-3 Commercial District (APN 47-28A-01-9), totals 340 square feet and is currently fully vacant. Each suite is independently leasable, with a minimum size of 140 square feet and a maximum contiguous space of 200 square feet. The property is classified as both office and industrial, encompassing features common to medical offices and flex spaces. The building features shared common area bathrooms, providing convenient amenities for tenants. This is a gross lease, meaning rent includes all operating expenses. The property's versatile design makes it suitable for a variety of uses within the commercial district. Its convenient location in Oldham County offers easy access to local amenities and transportation routes. Interested parties should inquire about lease terms and availability for these two prime office spaces. The property is perfect for small businesses seeking a functional and well-maintained workspace. The flexible space options allow for customization to meet individual business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $9,007,871

  6.5%

  $8,314,958

  7%

  $7,721,032

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,445,834

  Geo Method

  $7,445,834

• Alternative Use

  Use

  Valuation

  Residential

  $7,013,978

  Hospitality

  $6,424,766

  Educational

  $5,345,330

  Medical

  $5,529,164

  Retail

  $8,314,958

Location Insight

City

La Grange

County

Oldham

State

Kentucky

Latitude

38.4

Longitude

-85.3774

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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