645 Roy Wilkins AveLouisville, KY 40203

Property Details for 645 Roy Wilkins Ave

Year built

2010

Lot size

0.70 AC

Property size (Sq ft)

20,165 SF

Zone code

C2-COMMERCIAL

Property type

Office buildings

APN

03013J00200000

APU

03013J00200000

Description

This exceptional 5,996-square-foot office building at 645 Roy Wilkins Ave in Louisville, Kentucky, presents a unique investment opportunity. The entire space is currently vacant, offering a blank canvas for a single tenant to customize. The property boasts a highly desirable C-3 Commercial District zoning, allowing for a wide range of uses. With over 100 parking spaces available, ample parking is ensured for employees and clients. The building's address is 645 Roy Wilkins Ave, Louisville, KY 40203, conveniently located within Jefferson County. The property's APN is 0000SROW0000|149. This single-tenant building is classified as both Executive and Medical Office space, making it suitable for a variety of professional businesses. A significant advantage is the potential for securing a city grant of up to $150,000 for building and space improvements, offering substantial cost savings for the new owner. This presents a rare chance to acquire a substantial, well-located office building with significant potential for growth and value appreciation. The property's size and zoning make it an ideal location for a variety of businesses seeking a prominent presence in Louisville. Don't miss this opportunity to acquire a prime commercial property in a thriving Kentucky market.

• CAP approach

  CAP return

  Valuation

  6%

  $3,285,636

  6.5%

  $3,032,894

  7%

  $2,816,259

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,735,803

  Geo Method

  $1,735,803

• Alternative Use

  Use

  Valuation

  Residential

  $3,760,789

  Hospitality

  $3,444,862

  Educational

  $2,866,085

  Medical

  $2,964,654

  Retail

  $4,458,354

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.2478

Longitude

-85.7659

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].