12113 Shelbyville RdLouisville, KY 40243

Property Details for 12113 Shelbyville Rd

Year built

1940

Lot size

0.46 AC

Property size (Sq ft)

1,770 SF

Zone code

C2-COMMERCIAL

Property type

Retail space

APN

21002300880000

APU

21002300880000

Description

This exceptional free-standing building, located at 12113 Shelbyville Road in the heart of Middletown, presents a fantastic opportunity for medical professionals, or other office/retail users. The property boasts 2,000 square feet of immediately available space, perfect for a variety of uses. The building is zoned C-2 Commercial District, allowing for flexibility in tenant occupancy. Ample parking is provided with approximately 40 spaces, ensuring convenient access for patients, clients, and staff. The building's free-standing design offers excellent visibility and accessibility from Shelbyville Road, a major thoroughfare in the area. The minimum divisible space is 2,000 square feet, and the maximum contiguous space available is also 2,000 square feet. This makes it ideal for a single tenant seeking a comfortable and well-located office space. The property's location in Middletown offers easy access to local amenities and a strong local demographic. The convenient parking and prominent location make this property a highly desirable option for businesses seeking a high-profile presence in a thriving community. The Assessor's Parcel Number (APN) is 002300880000. This is a rare opportunity to secure a well-situated, versatile commercial space in a desirable location. Inquire today to learn more about this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $464,499

  6.5%

  $428,768

  7%

  $398,142

• Comparable approach

  Method

  Valuation

  Relative Method

  $383,951

  Geo Method

  $383,951

• Alternative Use

  Use

  Valuation

  Residential

  $361,682

  Hospitality

  $331,299

  Educational

  $275,637

  Medical

  $285,116

  Retail

  $428,768

Location Insight

City

Middletown

County

Jefferson

State

Kentucky

Latitude

38.2485

Longitude

-85.5298

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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