This exceptional Class A medical office building, located in the heart of St. Matthews, offers a prime opportunity for healthcare providers and businesses. The property boasts a total of 88,818 square feet across three stories within a single building, situated on a spacious 9.93-acre lot. Currently, there are 7,085 square feet of vacant space available, divisible into units ranging from a minimum of 1,846 square feet to a maximum contiguous space of 2,899 square feet. The building features three total suites, providing flexibility for various business needs. The property's convenient location offers easy access to major thoroughfares, including I-264/I-64, and its proximity to two regional malls ensures high visibility and accessibility for patients and clients. The park-like campus setting, complete with ample wrapped parking, creates a welcoming and professional atmosphere. The OR-3 zoning allows for a variety of medical and commercial uses. This is an exceptional opportunity to establish or expand your practice in a thriving, high-traffic area of Jefferson County. The potential for combining suites offers scalability for growing businesses. Don't miss this chance to secure your ideal space in this desirable location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,165,520
6.5%
$1,998,950
7%
$1,856,160
Comparable approach
Method
Valuation
Relative Method
$868,375
Geo Method
$868,375
Alternative Use
Use
Valuation
Industrial / Distribution
$3,778,900
Retail / Commercial
$1,968,450
Mixed-Use / Specialty
$1,985,580
Hospitality / Lodging
$1,488,210
Institutional / Educational
$2,072,840
Residential Income
$2,425,220
Multifamily
$2,774,780
Automotive / Energy
$1,776,720
Parking / Income-Based Land
$589,262
Restaurant / Food Service
$1,084,260
Healthcare / Senior Housing
$2,011,410
Location Insight
City
Saint Matthews
County
Jefferson
State
Kentucky
Latitude
38.2423
Longitude
-85.6233
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
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Executive Park Saint Matthews, KY 40207
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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