13100 Magisterial DrLouisville, KY 40223

Property Details for 13100 Magisterial Dr

Year built

1994

Lot size

3.17 AC

Property size (Sq ft)

36,358 SF

Zone code

PEC-PLANNED EMPLOYMENT CE

Property type

Office buildings

APN

21269400650000

APU

21269400650000

Description

This single-story, 8,797-square-foot office building in Louisville, KY, presents a unique leasing opportunity. Located at 13100 Magisterial Dr, zip code 40223, this Class C property sits on a generous 3.19 acres of land and offers flexible space suitable for various office needs. The building currently has 5,907 square feet of vacant space available for lease, ideal for businesses seeking a significant footprint. The property's versatility accommodates executive, creative, and traditional office setups, making it an adaptable solution for a range of companies. The multiple tenancy structure allows for potential shared occupancy or division of the available space. This Louisville location offers convenient access to key transportation routes and amenities, making it an attractive option for employees and clients alike. The building's single-story design provides ease of access and navigation. Interested parties are encouraged to inquire about lease terms and availability for this expansive office space. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $6,490,740

  6.5%

  $5,991,453

  7%

  $5,563,492

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,129,697

  Geo Method

  $3,129,697

• Alternative Use

  Use

  Valuation

  Residential

  $7,429,402

  Hospitality

  $6,805,292

  Educational

  $5,661,923

  Medical

  $5,856,646

  Retail

  $8,807,436

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.2675

Longitude

-85.5094

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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