11530 Electron DrLouisville, KY 40299

Property Details for 11530 Electron Dr

Year built

2004

Lot size

1.05 AC

Property size (Sq ft)

9,432 SF

Zone code

PEC-PLANNED EMPLOYMENT CE

Property type

Office buildings

APN

22192700680000

APU

22192700680000

Description

This exceptional 9,499-square-foot Class B office and warehouse property is available for sale in the desirable Bluegrass Industrial Park in Jeffersontown, Kentucky. Located at 11530 Electron Dr, this freestanding building boasts excellent frontage and visibility, ensuring high traffic and brand recognition. Built in 2004 and extensively renovated in 2019, the property offers a turnkey solution for owner-users. The spacious office area encompasses 7,699 square feet, featuring a welcoming reception area, fifteen private offices, a convenient conference room, two restrooms, and a comfortable breakroom. The warehouse component adds 1,800 square feet of versatile space, including 587 square feet of climate-controlled area. Loading and unloading are facilitated by one 8'8" x 12' drive-in overhead door and one 8'8" x 8'8" dock door equipped with a leveler. Additional warehouse amenities include a breakroom and a unisex restroom. The property sits on a 1.05-acre lot and provides ample parking for 40 vehicles. The property is zoned PEC and has all utilities readily available. Asking price is $1,852,305. This is an ideal opportunity for a business seeking a combination of modern office space and efficient warehouse functionality in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,683,829

  6.5%

  $1,554,304

  7%

  $1,443,282

• Comparable approach

  Method

  Valuation

  Relative Method

  $811,907

  Geo Method

  $811,907

• Alternative Use

  Use

  Valuation

  Residential

  $1,927,337

  Hospitality

  $1,765,430

  Educational

  $1,468,817

  Medical

  $1,519,332

  Retail

  $2,284,827

Location Insight

City

Jeffersontown

County

Jefferson

State

Kentucky

Latitude

38.2028

Longitude

-85.5441

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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