307 Hurstbourne PkwyLouisville, KY 40222

Property Details for 307 Hurstbourne Pkwy

Year built

1986

Lot size

7.53 AC

Property size (Sq ft)

100,668 SF

Zone code

C1-COMMERCIAL

Property type

Office properties

Property subtype

Office buildings

APN

21176600080000

APU

21176600080000

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $17,971,558

  6.5%

  $16,589,130

  7%

  $15,404,192

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,665,501

  Geo Method

  $8,665,501

• Alternative Use

  Use

  Valuation

  Residential

  $20,570,522

  Hospitality

  $18,842,486

  Educational

  $15,676,728

  Medical

  $16,215,874

  Retail

  $24,386,020

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

Property Tax & Assessments

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