9000 Wessex PlLouisville, KY 40222

  • Office properties
  • 45,264 SF
For Lease
$17/SF/YR View listing

Property Details for 9000 Wessex Pl

Year built
1978
Lot size
3.02 AC
Property size (Sq ft)
45,264 SF
Zone code
OR3-OFFICE/RESIDENTIAL
Property type
Office properties
Property subtype
Office buildings
APN
22197800070000
APU
22197800070000

Description

9000 Wessex Place, a Class B office building in Louisville, Kentucky, presents a compelling leasing opportunity. This single, three-story building encompasses 45,264 square feet on a 2.98-acre lot, offering multiple tenancy options. Currently, there are 2,339 square feet of vacant space available, with individual suites ranging from 1,436 to 2,339 square feet. Built in 1978 and renovated the same year, the property boasts 152 total parking spaces, providing ample convenience for tenants and their visitors. The building is zoned OR-3 (Office/Residential District), reflecting its versatile potential. Its strategic location in Louisville's east end offers easy access to major thoroughfares, including Interstate 264 (2 miles) and Interstate 64 (1.5 miles). This prime location also benefits from a wealth of nearby amenities, including restaurants, retail shops, fitness centers, pet care services, and other conveniences, a significant advantage for suburban office properties. The property's APN is 197800070000. This well-maintained building provides superior value and a desirable work environment. Interested parties are encouraged to inquire about available space and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,080,667
    6.5%
    $7,459,077
    7%
    $6,926,286
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,896,325
    Geo Method
    $3,896,325
  • Alternative Use

    Use
    Valuation
    Residential
    $9,249,256
    Hospitality
    $8,472,268
    Educational
    $7,048,828
    Medical
    $7,291,248
    Retail
    $10,964,843
9000 Wessex Pl, Louisville, Kentucky

Location Insight

City
Hurstbourne
County
Jefferson
State
Kentucky
Latitude
38.2411
Longitude
-85.5804
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
$40,984
$790,010
$2,779,990
$3,570,000
-
$790,010
$2,779,990
$3,570,000

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