This exceptional Class A medical office building, located at 307 N. Hurstbourne Pkwy in Lyndon, Kentucky, offers a prime opportunity for medical professionals seeking flexible and high-quality space. Situated within the four-building Forum Office Park, this property enjoys a highly visible location on Hurstbourne Parkway, just north of Shelbyville Road and south of Hurstbourne Green, providing excellent accessibility and high visibility. The building boasts a total of 100,668 square feet, with multiple tenancy options available. Currently, there is 38,046 square feet of vacant space, divisible into units ranging from a minimum of 9,313 square feet to a maximum contiguous space of 28,733 square feet. The building's impressive features include a stunning glass and marble lobby, reflecting its Class A status. Its convenient location offers easy access to major thoroughfares, including Interstates 64 and 264, ensuring seamless commutes for both staff and patients. The property is zoned C-1, making it ideally suited for a variety of medical uses. The property's APN is 176600080000. This is an unparalleled opportunity to establish or expand a medical practice in a thriving and accessible location. Inquire today to learn more about the available spaces and lease terms.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$20,367,800
6.5%
$18,801,000
7%
$17,458,100
Comparable approach
Method
Valuation
Relative Method
$8,665,500
Geo Method
$8,665,500
Alternative Use
Use
Valuation
Industrial / Distribution
$36,089,100
Retail / Commercial
$18,687,600
Mixed-Use / Specialty
$18,763,700
Hospitality / Lodging
$13,952,300
Institutional / Educational
$19,557,800
Residential Income
$22,882,600
Multifamily
$26,652,400
Automotive / Energy
$16,763,800
Parking / Income-Based Land
$5,643,890
Restaurant / Food Service
$10,063,900
Healthcare / Senior Housing
$19,095,400
Location Insight
City
Lyndon
County
Jefferson
State
Kentucky
Latitude
38.2528
Longitude
-85.577
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
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Hurstbourne Pkwy Louisville, KY 40222
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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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