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1500 Alliant Ave 31,000 SF Specialty Building Offered at $5,115,000 in Louisville, KY 40299
Investment Highlights
- Free-standing educational office building
- Situated on ± 3.81 acres zoned Multi-Purpose (PEC)
- Recent common area renovations for first-class environment
- 3-story office building totaling ± 31,000 SF
- Conveniently located off I-64
- Parking ratio of 6.51 / 1,000 (± 208 parking spaces)
Executive Summary
This 3-story office building is situated in one of the fastest growing, most in-demand sub-markets in Louisville/Jefferson County. Located just off I-64 and Blankenbaker Lane, it is easily accessible and surrounded by numerous amenities including restaurants, hospitals, retail, hotels, offices, a movie theater, and even an all-ages gaming center. It was built and previously occupied by Indiana Wesleyan University and would function very well as a learning center, as well as a traditional office. It also has a larger than typical parking ratio with a 6.5 spaces per 1000 square feet.
The building also offers high-speed internet capabilities and telecommunications infrastructure designed to support today's data-intensive business operations, hybrid work environments, and future technology needs.
The building also offers high-speed internet capabilities and telecommunications infrastructure designed to support today's data-intensive business operations, hybrid work environments, and future technology needs.
Property Facts
| Price | $5,115,000 | Lot Size | 3.80 AC |
| Price Per SF | $165 | Building Size | 31,000 SF |
| Sale Type | Owner User | No. Stories | 3 |
| Property Type | Specialty | Year Built | 2006 |
| Property Subtype | School | Parking Ratio | 6.51/1,000 SF |
| Building Class | B | Cross Streets | Bluegrass Parkway |
| Zoning | PEC | ||
| Price | $5,115,000 |
| Price Per SF | $165 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | B |
| Lot Size | 3.80 AC |
| Building Size | 31,000 SF |
| No. Stories | 3 |
| Year Built | 2006 |
| Parking Ratio | 6.51/1,000 SF |
| Cross Streets | Bluegrass Parkway |
| Zoning | PEC |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 183100720000 | Improvements Assessment | $5,094,430 |
| Land Assessment | $1,656,920 | Total Assessment | $6,751,350 |
Property Taxes
Parcel Number
183100720000
Land Assessment
$1,656,920
Improvements Assessment
$5,094,430
Total Assessment
$6,751,350
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