222 1St StLouisville, KY 40202
- Office properties
- 64,398 SF
For Lease
$14.50/SF/YR
View listing
Property Details for 222 1St St
- Year built
- 1922
- Lot size
- 0.39 AC
- Property size (Sq ft)
- 64,398 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 04017A02900000
- APU
- 04017A02900000
Description
This six-story, 65,000-square-foot Class B office building at 222 S 1st St, Louisville, KY 40202, offers a unique opportunity for businesses seeking executive or medical office space. The building features a beautifully renovated Euro-chic atrium/lobby and boasts multiple tenancy options, with spaces ranging from a minimum of 330 square feet to a maximum contiguous space of 4,709 square feet
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $10,226,693
- 6.5%
- $9,440,025
- 7%
- $8,765,737
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,543,380
- Geo Method
- $5,543,380
-
Alternative Use
- Use
- Valuation
- Residential
- $11,705,631
- Hospitality
- $10,722,295
- Educational
- $8,920,823
- Medical
- $9,227,624
- Retail
- $13,876,836
222 1St St, Louisville, Kentucky
Location Insight
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Latitude
- 38.2539
- Longitude
- -85.7523
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$46,804
$877,250
$2,406,980
$3,284,230
-
$877,250
$2,406,980
$3,284,230
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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