436 5Th StLouisville, KY 40202

  • Retail space
  • 9,102 SF
For Lease

Property Details for 436 5Th St

Year built
1890
Lot size
0.25 AC
Property size (Sq ft)
9,102 SF
Zone code
C3-CENTRAL BUSINESS
Property type
Retail space
APN
03014K00100000
APU
03014K00100000

Description

This stunning, newly renovated (2022) executive office building at 436 S. 5th St., Louisville, KY 40202, offers 11,200 square feet of flexible space in the heart of the CBD. Originally constructed in 1890, the property has undergone a complete transformation, including excavation and reinforcement, providing a modern shell space ready for tenant build-out. The building is divisible into 2-4 spaces, with a minimum leasable area of 910 square feet and a maximum contiguous space of 4,640 square feet. Currently, 10,182 square feet are vacant. The property features 15 free surface parking spaces and excellent exterior signage opportunities. Located in a C-3 Commercial District, this mixed-use building boasts easy access to major interstates I-65, I-64, and I-71. The property consists of four buildings across three stories, offering a unique and historic setting for your business. APN: 014K00100000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,124,795
    6.5%
    $1,961,349
    7%
    $1,821,253
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,974,420
    Geo Method
    $1,974,420
  • Alternative Use

    Use
    Valuation
    Residential
    $1,654,471
    Hospitality
    $1,515,487
    Educational
    $1,260,867
    Medical
    $1,304,230
    Retail
    $1,961,349
436 5Th St, Louisville, Kentucky

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.2523
Longitude
-85.7594
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
$14,114
$708,680
$281,740
$990,420
-
$708,680
$281,740
$990,420

FAQs

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