1404 ShelbyLouisville, KY 40217

  • Other commercial real estate
  • 17,201 SF
For Sale
$1,850,000 View listing

Property Details for 1404 Shelby

Year built
1954
Lot size
0.26 AC
Property size (Sq ft)
17,201 SF
Zone code
EZ1-ENTERPRISE ZONE
Property type
Other commercial real estate
Property subtype
Showrooms
APN
09023K00190000
APU
09023K00190000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,119,952
    6.5%
    $3,803,033
    7%
    $3,531,388
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,731,268
    Geo Method
    $3,731,268
  • Alternative Use

    Use
    Valuation
    Residential
    $3,208,000
    Hospitality
    $2,938,511
    Educational
    $2,444,807
    Medical
    $2,528,888
    Retail
    $3,803,033
1404 Shelby, Louisville, Kentucky

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.2282
Longitude
-85.7422
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $287,490
  • Assessed land value
    $51,840
  • Assessed value
    $339,330
  • Tax year
    2023
  • Tax bill
    $4,554

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