11909 Shelbyville RdLouisville, KY 40243

Property Details for 11909 Shelbyville Rd

Year built

1999

Lot size

1.61 AC

Property size (Sq ft)

24,968 SF

Zone code

C1-COMMERCIAL

Property type

Office buildings

APN

21031900430000

APU

21031900430000

Description

This exceptional Class A office space, totaling 5,757 square feet, is ideally situated in Middletown's thriving commercial district at 11909 Shelbyville Rd. The property boasts convenient access to I-265, ensuring effortless commutes for employees and clients. Built in 1999, this single-tenant, two-story building offers a total of 13,040 square feet, with ample surface parking readily available. The interior features an adaptable open floor plan, complemented by glass office doors and a convenient kitchenette. This layout provides the flexibility to create a customized workspace tailored to your specific business needs. The space is divisible, offering options for businesses of varying sizes. The building is zoned C-1 - Commercial District, and its Jefferson County APN is 031900430000. Elevators are available for convenient access to both floors. This prime location and versatile space present a unique opportunity to establish a thriving business presence in a highly desirable area. Don't miss this chance to secure this exceptional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $4,457,364

  6.5%

  $4,114,489

  7%

  $3,820,597

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,149,246

  Geo Method

  $2,149,246

• Alternative Use

  Use

  Valuation

  Residential

  $5,101,966

  Hospitality

  $4,673,374

  Educational

  $3,888,192

  Medical

  $4,021,913

  Retail

  $6,048,299

Location Insight

City

Middletown

County

Jefferson

State

Kentucky

Latitude

38.2493

Longitude

-85.5367

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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