307 Muhammad Ali BlvdLouisville, KY 40202

Property Details for 307 Muhammad Ali Blvd

Year built

1910

Lot size

0.28 AC

Property size (Sq ft)

30,642 SF

Zone code

C3-CENTRAL BUSINESS

Property type

Office properties

Property subtype

Office buildings

APN

03014K00540000

APU

03014K00540000

Description

This 1,358 square foot warehouse is ideally situated near the intersection of 441, providing convenient access to both Fort Lauderdale-Hollywood International Airport and Miami International Airport. The single-tenant space features a sizable warehouse area, complemented by a comfortable air-conditioned office and restroom. Additional storage is available via a mezzanine level. The property includes three assigned parking spaces directly in front of the unit, offering ample convenience. Security is ensured with a 24/7 gated access system. Water and trash removal services are included in the lease. The zoning classification is 6400. The APN is 34-11-36-061-0200. Please note that this property is subject to approval by the homeowner's association prior to occupancy. Mechanic businesses are not permitted. This is a fantastic opportunity for a business seeking a well-maintained, conveniently located warehouse space. The total building suites are one.

• CAP approach

  CAP return

  Valuation

  6%

  $4,866,088

  6.5%

  $4,491,774

  7%

  $4,170,933

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,637,663

  Geo Method

  $2,637,663

• Alternative Use

  Use

  Valuation

  Residential

  $5,569,800

  Hospitality

  $5,101,906

  Educational

  $4,244,726

  Medical

  $4,390,708

  Retail

  $6,602,907

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.2513

Longitude

-85.7562

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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