2400 Bush Ridge DrLouisville, KY 40245

Property Details for 2400 Bush Ridge Dr

Lot size

0.57 AC

Property type

Office buildings

APN

21366000160000

APU

21366000160000

Description

This exceptional Class A office building, totaling 24,152 square feet, is situated on a 0.53-acre lot at 2400 Bush Ridge Dr, Louisville, KY 40245, near Old Henry Road and I-265. Built in 2013, the two-story building offers multiple tenancy options, with a minimum divisible space of 6,038 square feet and up to 24,152 contiguous square feet currently available. The property boasts 65 parking spaces and elevator access. The building features well-appointed conference rooms, executive offices, and break rooms. Some office furniture may be included. The zoning is OR-3. This location benefits from its strong east side position, surrounded by established regional and national businesses, reflecting continued economic growth in the East End submarket of Louisville. The owner is highly flexible and will consider a wide range of tenant needs and lease terms. This is a rare opportunity to secure a high-quality, versatile office space in a desirable location

• CAP approach

  CAP return

  Valuation

  6%

  $4,463,612

  6.5%

  $4,120,257

  7%

  $3,825,953

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,152,258

  Geo Method

  $2,152,258

• Alternative Use

  Use

  Valuation

  Residential

  $5,109,118

  Hospitality

  $4,679,925

  Educational

  $3,893,643

  Medical

  $4,027,551

  Retail

  $6,056,778

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.2721

Longitude

-85.489

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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