2525 Nelson Miller PkwyLouisville, KY 40223

Property Details for 2525 Nelson Miller Pkwy

Year built

2004

Lot size

0.02 AC

Property size (Sq ft)

957 SF

Property type

Office properties

APN

21366300010002

APU

21366300010002

Description

This exceptional 958-square-foot office space, located at 2525 Nelson Miller Pkwy Ste 002 in Anchorage's Jefferson County, presents a fantastic leasing opportunity. Built in 2004, this traditional office unit is currently entirely vacant and available for immediate occupancy. The space is zoned PEC and offers convenient access to Highway 146. The minimum leasable area is 893 square feet, with a maximum contiguous space of 958 square feet, making it ideal for a variety of businesses. The unit is situated on the lower level and features convenient parking directly at the front entrance. This makes it particularly well-suited for contractors or businesses requiring ample storage. The monthly lease rate is $750, with utilities paid by the tenant. Please note that medical use is restricted for this property. This is a rare opportunity to secure a well-located, readily available office space in a desirable Anchorage submarket. The property's convenient location and ample square footage make it an attractive option for businesses seeking a functional and accessible workspace. Don't miss out on this chance to establish your business in this prime Anchorage location.

• CAP approach

  CAP return

  Valuation

  6%

  $170,847

  6.5%

  $157,704

  7%

  $146,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $82,379

  Geo Method

  $82,379

• Alternative Use

  Use

  Valuation

  Residential Income

  $195,554

  Hospitality / Lodging

  $179,126

  Institutional / Educational

  $149,031

  Healthcare / Senior Housing

  $154,156

  Retail / Commercial

  $231,826

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.2805

Longitude

-85.5137

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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