5111 Commerce Crossings DrLouisville, KY 40229

Property Details for 5111 Commerce Crossings Dr

Year built

1999

Lot size

5.37 AC

Property size (Sq ft)

123,823 SF

Zone code

PEC-PLANNED EMPLOYMENT CE

Property type

Office buildings

APN

23008403530000

APU

23008403530000

Description

Commerce Crossings, located at 5111 Commerce Crossings Drive in Louisville, Kentucky, presents a prime opportunity for businesses seeking creative office space. This Class B building, totaling 89,567 square feet, offers multiple tenancy options within a Planned Employment Center District (PEC) zoning. The property features a range of available spaces, with a minimum divisible size of 3,490 square feet and a maximum contiguous space of 12,517 square feet. Currently, 16,007 square feet are vacant and ready for immediate occupancy. The address is conveniently located in Jefferson County, Kentucky, with the zip code 40229. The property's APN is 00840353000. This versatile space is ideal for companies seeking a modern and functional workspace, catering to both creative and professional office needs. The building's design and layout are well-suited for a variety of businesses, offering flexibility and adaptability to meet diverse operational requirements. Interested parties are encouraged to inquire about the available spaces and explore the possibilities of establishing their business within this thriving Louisville location. The property is zoned for a Planned Employment Center District, ensuring compatibility with a range of commercial uses. The building's size and layout provide ample opportunity for expansion or consolidation, making it a suitable option for businesses of various scales.

• CAP approach

  CAP return

  Valuation

  6%

  $15,512,313

  6.5%

  $14,319,058

  7%

  $13,296,268

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,658,684

  Geo Method

  $10,658,684

• Alternative Use

  Use

  Valuation

  Residential

  $17,755,632

  Hospitality

  $16,264,063

  Educational

  $13,531,510

  Medical

  $13,996,879

  Retail

  $21,049,016

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.1038

Longitude

-85.6803

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].