11603 Hazelwood RdLouisville, KY 40223

Property Details for 11603 Hazelwood Rd

Year built

1910

Lot size

0.45 AC

Property size (Sq ft)

3,108 SF

Zone code

CN-NEIGHBORHOOD COMMERCIA

Property type

Office buildings

APN

21002201710000

APU

21002201710000

Description

This exceptional 3,449-square-foot commercial space offers a unique opportunity for businesses seeking a prominent location in Anchorage's vibrant downtown core. The property, housed in a two-story building, is ideally suited for a variety of uses, including traditional office, executive suites, coworking spaces, or medical offices. Its single-tenant occupancy ensures privacy and control. Recently renovated in 2024, the space boasts modern amenities and is in excellent condition. The building itself is zoned for commercial use, reflecting its prime location within a submarket characterized by low commercial space turnover. This presents a rare opportunity to secure a long-term presence in a highly desirable area. The property's 3,449 square feet provide ample space for a growing business or a company seeking to establish a strong foothold in the Anchorage market. The building's single-story design offers convenient access and efficient layout. This is an exceptional opportunity to secure a well-maintained, recently renovated space in a thriving Anchorage business district. The property's versatility makes it suitable for a wide range of commercial enterprises. Don't miss this chance to establish your business in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $554,850

  6.5%

  $512,169

  7%

  $475,585

• Comparable approach

  Method

  Valuation

  Relative Method

  $267,537

  Geo Method

  $267,537

• Alternative Use

  Use

  Valuation

  Residential

  $635,089

  Hospitality

  $581,738

  Educational

  $484,000

  Medical

  $500,645

  Retail

  $752,888

Location Insight

City

Anchorage

County

Jefferson

State

Kentucky

Latitude

38.2659

Longitude

-85.539

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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