2306 Plantside DrLouisville, KY 40299

  • Other commercial real estate
  • 42,500 SF
For Lease
$6.75/SF/YR View listing

Property Details for 2306 Plantside Dr

Year built
1975
Lot size
2.74 AC
Property size (Sq ft)
42,500 SF
Zone code
PEC-PLANNED EMPLOYMENT CE
Property type
Other commercial real estate
Property subtype
Showrooms
APN
22003804550000
APU
22003804550000

Description

This exceptional 27,500-square-foot free-standing building in Louisville, Kentucky, presents a unique opportunity for a single tenant. Ideally situated in Jefferson County's Planned Employment Center District (PEC), this property boasts a flexible layout perfect for a variety of uses, including executive office, manufacturing, flex space, warehouse, and distribution. The building features 21,500 square feet of warehouse space with a central column line, 3,000 square feet of showroom space complete with a sales counter, and an additional 3,000 square feet of office space. High ceilings, ranging from 13 to 14.5 feet, provide ample vertical space. Loading and unloading are efficient with two dock doors, one drive-in door (16' wide x 12' tall), and a total of 27 parking spaces. The property benefits from excellent road frontage on Plantside Drive, including a monument sign for tenant use. Two separate electrical services are available: a 3-phase 4-wire 240-volt 400-amp service and a 3-phase 3-wire 240-volt 800-amp service. The location offers convenient access to major thoroughfares, including Bluegrass Parkway (1 mile), Blankenbaker Parkway (1.7 miles), and I-64 (1.5 miles). Neighboring businesses include United Refrigeration and Mora Construction. The property's APN is 003804550000. This is a single-tenant occupancy building with immediate availability. The column spacing is 25' x 50'.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,153,227
    6.5%
    $10,295,286
    7%
    $9,559,909
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,219,168
    Geo Method
    $9,219,168
  • Alternative Use

    Use
    Valuation
    Residential
    $8,684,459
    Hospitality
    $7,954,918
    Educational
    $6,618,398
    Medical
    $6,846,016
    Retail
    $10,295,286
2306 Plantside Dr, Louisville, Kentucky

Location Insight

City
Jeffersontown
County
Jefferson
State
Kentucky
Latitude
38.2109
Longitude
-85.5693
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,127
$565,740
$1,157,440
$1,723,180
-
$565,740
$1,157,440
$1,723,180

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